CRH Ventures launches new accelerator programme for start-ups
By Catrin Jones19 May 2023
CRH Ventures, the venture capital unit of building materials solutions company CRH, has announced the launch of a new accelerator programme for Construction Technology (ConTech) and ClimateTech start-ups.
The first programme, CRH Ventures Accelerator for Water Solutions, will focus on start-ups involved in developing new technologies and innovative solutions to address global water challenges including stormwater, wastewater and potable water management.
This first programme will run for three to six months and offer companies the opportunity to collaborate with experts from across CRH’s businesses in the water solutions market and demonstrate success at scale.
Eduardo Gomez, Head of CRH Ventures, said, “Water is at the core of ClimateTech, playing a major role in transforming our society. The journey towards a sustainable green economy cannot be attained without the ample availability and efficient utilisation of water.
“CRH is a market leader in water management solutions, and through the CRH Ventures Accelerator for Water Solutions, we will take a step further by partnering with entrepreneurs in the Construction Technology and ClimateTech space to create and advance the next generation of solutions needed to address some of the most pressing water problems society faces.”
To participate in the programme, companies must apply through the CRH Ventures website. Evaluations will take place in June 2023 with the pilot phase running from July to October 2023. The companies with the most successful pilots will be reviewed to determine scalability across CRH and potential investment by CRH Ventures.