A GLOBAL PRIZE totalling €500,000 has been launched to find and highlight market-ready innovations in biobased construction materials that demonstrate powerful potential for rapid carbon emissions reduction.

Created by network and grant-making fund, Built by Nature, the prize aims to stimulate scalability in the use of biobased materials such as timber, bamboo, hemp, straw, algae, and fungi in construction.

“Given the scale of urban development that is inevitable around the world over the coming decades, we simply cannot afford to build in the way we have in most of Europe for the last few hundred years. We urgently need to find innovative, renewable, low-carbon construction materials to radically reduce the embodied carbon footprint of new buildings and cities,” says Paul King, Built by Nature CEO.

“Since our launch in October of 2021, Built by Nature has seen a rapid expansion of our European network to over 1,300 individuals and organisations committed to a building industry transformation and now this Prize enables us to broaden our scope and deepen our impact on a global level.”

Built by Nature has awarded €3.3 million in grants to date with additional co-funding of €2.2 million toward 28 projects across Europe focused on developing solutions to overcome barriers and stimulate increased uptake of biobased materials, with a focus on mass timber.

Built by Nature Prize

To reflect the global scope of the Prize, the judging panel is comprised of leading experts from the built environment, architecture, finance, social value, and biomaterials from around the world. Dr Yasmeen Lari, Pakistan’s first female architect and renowned for her leadership at the intersection of architecture and social justice, will serve as Honorary Advisor to the Built by Nature Prize.

The Prize jury members are:

Arief Rabik, chair and founder of Bamboo Village Trust, and founder and CEO of PT Indobamboo Lestari in Indonesia
Ariel Shtarkman, managing partner of Undivided Ventures, founder of Orca Capital, co-founder and managing director of Atom Assets
Mae-ling Lokko from Ghana and the Philippines, assistant professor at Yale University’s School of Architecture, specialising in agrowaste and biobased materials
Stig Hessellund, architect and project manager with Realdania, with a primary focus on sustainable development in the construction industry
Ana Belizario, head of business development at Brazilian mass timber producer Urbem

The prize’s overall winner will receive an award of €250,000 with the criteria focusing on the demonstrated potential for significant carbon emissions reduction and benefits to nature and local communities.

Three runners-up prizes of €50,000 each will also be awarded based on the same criteria, with €100,000 in discretionary funds reserved for promising projects judged to be worthy of support.

How to Apply

To qualify, proposed solutions must be composed primarily of biomaterials with primary use intended for the built environment; indicate that the product can be successfully manufactured and implemented using currently available technology, and the product/service must already be in market, whether through an early-stage pilot project or openly available.

In addition to the prize money, valuable exposure, and storytelling opportunities, benefits to award recipients will include introductions across Built by Nature’s extensive frontrunner and partner networks for mentoring support, access to potential investors and new markets, and facilitated connections to peers facing similar challenges and opportunities around the world.

The deadline for applications is January 25, 2024, with final winners to be announced on June 4 2024. Interested applicants should visit the Built by Nature Prize website for full details.

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