CBRE LAUNCHES CROSS COUNTRY PROPTECH CHALLENGE
CBRE, the world’s leading global real estate advisor, has announced the second year of its newly expanded Proptech Challenge.
Launched in Spain last year, the first year of the competition witnessed over 220 applicants compete for €25,000 in prize money, with 80 leading projects presented to CBRE’s senior team. Following its success, the challenge has been expanded to Germany, Portugal, the UK, and Spain this year offering prize money, mentorship and industry connections for the next generation of real estate leaders.
Entries are divided into two categories; ‘disruptive idea’ for entrants with a groundbreaking idea within Proptech, and ‘impact startup’ for projects or startups that are developing, or have already developed Proptech solutions with impact.
The winning applicants will receive financial support and business mentoring to help develop and grow their projects as well as access to CBRE offices and on-site resources.
We are excited to be driving this kind of opportunity in the real estate market, and the challenge will play a critical role in CBRE’s ongoing initiative to support emerging businesses with the potential to transform the industry with creative, innovative and disruptive thinking.