Pittsburgh, PA – January 28, 2019 – Module, a technology startup in Pittsburgh, was selected as a Top-25 Finalist for the Ivory Prize for Housing Affordability. The Ivory Prize is a nation-wide innovation challenge, recognizing ambitious, feasible, and scalable solutions to housing affordability. The Prize is designed to award innovators for their efforts and provide material support to advance their projects. The search committee looks for solutions which combine elements of finance, policy, and design/construction.
“We’re honored to be selected as a top nominee. Housing affordability is something we care deeply about in Pittsburgh. It is an issue our company seeks to address as we scale up our efforts,” says Brian Gaudio, CEO of Module.
This new prize, supported by the Ivory Foundation, recognizes some of the most ambitious, adoptable and innovative solutions to address housing affordability. The Top-25 advance to the final round of judging for the $200,000 national innovation challenge.
“Our Top-25 represent companies, ideas, and initiatives that are making an immediate impact on housing affordability. Some are further than others, but many show great promise,” said Clark Ivory, CEO, Ivory Homes and chairman of the Ivory Foundation. “I am more optimistic about the future of housing affordability in this country after reviewing 126 promising nominees. We are a country built on entrepreneurship and problem solving, and I am very impressed by the outstanding individuals committed to finding new approaches to this complex issue.”
Finalists will be selected during Winter Innovation Summit taking place on February 6-8, 2019. The Summit will bring together policymakers, funders, nonprofits, and social entrepreneurs to explore the future of social innovation across the globe and is hosted by the Sorenson Impact Center at the David Eccles School of Business at the University of Utah.
Module, a technology startup based in Pittsburgh, designs adaptable housing that changes as a buyer’s needs do. Through Module’s platform, homebuyers can buy the amount of house they need today, and add on as their needs change. Module is a portfolio company of Techstars, Idea Foundry, Innovation Works, and The Robotics Hub.