This past summer, BuiltWorlds and Brick & Mortar Ventures teamed up to create a new construction tech accelerator aimed at helping companies in the ecosystem fast-track their businesses for success. Formwork Labs first initial cohort was comprised of 5 tech focused companies and it was just announced that in 2023, there will be another cohort joining the program. The program allows companies to pitch their ideas and get feedback and mentorship from industry leaders who can properly guide these new companies in their infancy.
At our 2022 Venture East Conference there was a panel that featured a representative from each side of the program. Jack Forde, VP of Sales at BuiltWorlds led a conversation between Hao Li, CEO, Multipliciti, Jay Snyder, President, Big Blue Innovations, and Kaustubh Pandya, Partner at Brick & Mortar Ventures. Multipliciti was a company that was part of the original cohort for Formwork Labs and Jay Snyder was a mentor as part of the program. The discussion was centered around lessons learned and key takeaways gathered throughout the programs first year.