The Urban Land Institute (ULI) Europe has launched the PropTech Innovation Challenge (PIC), a new competition to bring together the greatest innovators across the real estate industry and the world of technology and start-ups.
In its debut year, ULI’s challenge invites entrepreneurs from six regions across Europe to apply with a proposal that is a novel, but scalable and competitive solution to align with ULI’s mission priorities:
• Decarbonization and Net Zero
• Increasing Housing Attainability and Affordability
• Educating the next Generation of Leaders
‘We believe that tech and innovation are key to addressing some of our industry’s most pressing challenges. We are calling out to start-ups across Europe to work with us, educate us and help us bridge the gap between the built environment and tech and innovation,’ commented Lisette van Doorn, CEO ULI Europe.
The ULI PIC is spearheaded by Thibault Weston Smith, Chair of ULI Europe Young Leaders, and Simon Abboud, Member of the ULI Europe Young Leader Executive Committee.
The competition will be structured across two phases. Firstly, an in-country stage led by a team of ULI members whereby start-ups are invited to apply and to present in front of a local ULI PIC Selection Committee. Each committee is composed of diverse industry experts from across the built environment, such as architects, developers, asset managers, property managers, investors, urban planners, academics, public servants, attorneys, energy and sustainability experts, brokers, engineers etc.
Second, in-country winners will participate in a European final and present in front of a ULI Europe PIC Committee. The final winner will be announced at the ULI Europe C Change Summit in Copenhagen on 11 October 2023.
Winners will be awarded a one-year ULI membership providing access to research content, event, webinars, education and mentorship programs, knowledge sharing and connections with a multidisciplinary global network of a real estate and land use professionals.
Applications are open until June 11, 2023 for the inaugural ULI PropTech Innovation Challenge.