Proptech is an acronym formed by the words ‘property’ and ‘technology’ that is used to describe the technology used in the real estate sector: the internet of things, big data, smart energy, 3D printing, etc. Recent studies estimate that the digitization of products and services could bring more than €110 billion in benefits each year to the European economy over the next five years. Proptech Startup Europe Awards aims to expand cross-border collaborations, standardize European proptech markets, create a legal framework adapted to proptech, foster innovation in the real estate sector and facilitate access to financing.
TARGET: To reward startups that contribute to a sustainable European proptech market and create a positive impact on the European living environment and beyond.