Innovation Grant Highlights Advancements in Structural Components
The Structural Building Components Association (SBCA), a member of NAHB’s Leading Suppliers Council, recently announced the return of the SBCA Innovation Grant for 2024.
The grant was created to encourage individuals and companies to share their ideas and solutions at SBCA’s annual Building Component Manufacturers Conference (BCMC) to highlight advancements within the structural components industry.
Grant recipients will receive booth space on the show floor at BCMC, giving them the opportunity to showcase their solution(s) to more than 2,000 potential customers within the industry. They will also receive exhibit passes for the entirety of BCMC 2024.
One of SBCA’s key initiatives is to focus on attracting, encouraging and recognizing innovators in the structural building component manufacturing and offsite construction industry. Last year, 27 submissions were reviewed and narrowed down to the top applicant. But for 2024, SBCA has made it possible for multiple Innovation Grants to be awarded.
If there are multiple SBCA Innovation Grants winners, BCMC attendees will have the opportunity to vote on which innovation they believe should win the title of SBCA’s People’s Choice Solution for 2024.
The application period is now open until 11:59 p.m. PT on May 1, 2024. The grant winner(s) will be notified on May 20, 2024.
Learn more about SBCA’s Innovation Grant and how to apply at sbcacomponents.com/innovationgrant. And to learn more about BCMC, visit bcmcshow.com.
Latest from NAHBNow
Energy | Advocacy
Sep 16, 2025
Kansas City Builder Testifies Against Energy Code MandatesThe Home Builders Association of Greater Kansas City (KCHBA) called on Congress today to oppose energy code mandates that raise the cost of housing and do very little to increase energy efficiency for home owners.
Economics
Sep 16, 2025
Builder Confidence Steady but Future Sales Expectations Hit Six-Month HighBuilder confidence in the market for newly built single-family homes was 32 in September, unchanged from the August reading, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. While builder sentiment has hovered at a relatively low reading between 32 and 34 since May, builders expressed optimism that a more favorable interest rate climate could bring hesitant buyers off the sidelines in the final quarter of 2025.
Latest Economic News
Economics
Sep 16, 2025
Builder Confidence Steady but Future Sales Expectations Hit Six-Month HighBuilder sentiment levels remained unchanged in September but lower mortgage rates and expectations that the Federal Reserve will soon cut the federal funds rate led to higher future sale expectations in the coming months.
Economics
Sep 15, 2025
Shelter Inflation Continued to CoolInflation accelerated to a seven month high in August as tariff-related costs continued to pass through to consumers, according to the Bureau of Labor Statistics’ (BLS) latest report. Core goods prices, which exclude volatile food and energy, rose by 1.5% in August, the fastest annual pace since May 2023.
Economics
Sep 15, 2025
Builders Stay Cautious as Single-Family Permits Extend DowntrendSingle-family housing permits slipped for the seventh month in a row, highlighting affordability headwinds and weak demand. While multifamily permits ticked up, the sector’s volatility leaves the outlook uncertain. The split underscores a housing market still under strain, with single-family softness weighing on broader growth prospects.