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Profitability

2019 CEMEX-Tec Award recognizes high-impact projects in sustainable development

The 2019 CEMEX-Tec Award winners have been announced. Almost 1,500 entries were received, from 67 countries, double the number compared with last year. This year, the Award recognized 33 projects from entrepreneurs and innovators who aim to generate high impact in their communities around the world.

The CEMEX-Tec Award was launched globally in 2018. In addition to the existing Transforming Communities and Social Entrepreneurs categories, two new categories were added this year: Community Entrepreneurship and Collaborative Action.

There were two first-place projects in the Transforming Communities category—one from Mexico and the other from Argentina—both of which were awarded US$25,000 for implementation; while in the Social Entrepreneurs category, 15 projects received training and the three first-place projects were awarded US$10,000 in seed capital. In the Community Entrepreneurship category, the Award recognized the 10 best projects, of which three were awarded US$10,000 in seed capital. Finally, in the Collaborative Action category, three Mexican and three international teams were selected, all of which received training and award recognition.

All of the finalists were announced in the 2019 CEMEX-Tec Award e-book, while the winners travelled to the city of Monterrey, Mexico, to participate in Experience Week.

“We are extremely proud that, since its creation in 2011, the CEMEX-Tec Award continues to reaffirm its global commitment to building a better future by promoting high-impact sustainable development proposals and projects from innovators and social entrepreneurs that have helped us to positively impact more than 22,500 people,” said Martha Herrera, Corporate Social Responsibility Director at CEMEX and Director of the CEMEX-Tec Center for Sustainable Community Development.