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The pace of evolution of the real estate is becoming exponential, not only because of the convergence of exponential technologies, growing climate change challenges: but also because of the ever-moving concepts of what a human is.
It is believed that much of the buildings called home that we build today dates back to about 4400 years ago when Gilgamesh, a Sumerian king in Mesopotamia, founded the world’s first major city. There have been obvious little changes here and there, since then but even those changes have complicated the barriers to reinforce Gilgamesh mindset about where and how we live.
Each participant (whether an individual, group of individuals, or entity) must agree to and abide by the following: Bridgewaters Policies, User Agreement, and Copyright Infringement Policy. Each participant must complete and comply with the BGW process. All team members must meet Bridgewater Foundation Eligibility policies.
But that is changing and it is simply the right thing to do. It is apt to re-imagine the need for houses and query the essential needs for a “home” today. The organizers of this challenge are compelled to ask, “what really does a home mean to today’s human: the walls, the roofs, the floors, the looks? or are there other un-chattered ingenious and sustainable means of delivering the privacy, security, comfort, prestige, shelter and the access sort by humans? And in the face of growing shortage of the natural resources that we were once lived on, can we find or create new resources to make living and housing better achiever.
Without a doubt, the world is responding to this shift and repositioning to cap on opportunities the current challenges brought our way to democratize, digitalize, dematerialized, and demonetize housing as it were and make it more affordable and climate friendly. We in Nigeria will not be an exception. We need to drift with the wave of changes in contemporary real estate and housing.
In light of the above, we are taking a vanguard position to flag the ship in sustainable housing development in Nigeria. The goal of the challenge is to seek disruptive solutions to the menace of housing and construction in Nigeria. The organizer is throwing this challenge open to stimulate and engage the creativity of our young men and women. It also intends to promote deliberate thoughtfulness and solutions to tropical global sustainable construction issues such as climate change, search for sustainable building designs and indigenous materials. We are also using the opportunity to stimulate technological innovations in designing sustainable
Years of experiences
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OUR IDEAL SUSTAINABLE SMART/CITY HOME CHALLENGE
A winning idea would seek to use disruptive architectural designs, thinking, syndincation and materials that:
01
CO2 Reduction
Reduces CO2 emission, energy consumptions, and water usage or flow;
02
Regulates humidity
Regulation of the degree of saturation or quantity of water vapor in a mixture of air and water vapor
03
Efficient usage of the environment
Ensures efficient ventilation, security, and waste management.
04
Reduces the cost of home ownership
Uses local material and remove barriers to home ownerships
Eligibility
Each participant (whether an individual, group of individuals, or entity) must agree to and abide by the following: Bridgewaters Policies, User Agreement, and Copyright Infringement Policy. Each participant must complete and comply with the BGW process. All team members must meet Bridgewater Foundation Eligibility policies.
Eligibility Policies
All team members must be at least 18 years old. The team lead must be eligible to receive payment under the laws of Nigeria; Participants can come from anywhere in the world
Bridgewater Foundation and employees of challenge partners are not eligible to participate. Federal employees acting within the scope of their employment are not eligible to participate. Any individual or entity associated with the development or administration of this challenge is ineligible to compete. Government contractors working on the same or similar projects are ineligible to participate in the Challenge.
The Prize
Total Purse: $50,000
The $35,000 prize purse will be distributed as follows:
After 2 months of submission of ideas to the challenge the judges will review all submissions received by that time and select 20 leading proposers and award an initial Milestone Prizes of $500 each. At the discretion of the judges, these awards may be granted on a conditional basis, subject to the individual or team’s demonstrated commitment to continuing to develop and advance their solutions and to compete for the Grand Prize.
Immediately the teams presentations of ideas and prototype, judges will select the best 5 winning ideas. This 5 selected ideas are subsequently taken to a selected voting audience where the first 3 best idea will be selected and awarded prices as stated below
$
1
Grand Prize Winner
$
1
First Runner Up
$
1
Second Runner Up
SUBMISSION REQUIREMENTS
A team or individual may submit more than one solution to the challenge. However, each submission must be a substantially different solution. For example, if the solutions are different local materials for construction, they can be submitted separately. However, if two submissions from the same team are deemed to be too similar, only the last submission will be considered for judging.
All solutions must:
Be in English and clearly written if it is handwritten.
Be from an eligible team
Include uploaded Registration Form, Submission Form. Submissions may also include algorithms demonstrating any or all portions of the solutions.
Clearly highlight what aspect(s) of the challenge it intend to solve
The White Paper information must be submitted using the Challenge Submission Form. The Submission Form will be sent to eligible participants by the Challenge Team after registration.
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