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ULI launches 2024 proptech competition

2nd April 2024

Urban Land Institute (ULI) Europe has launched a second edition of its PropTech Innovation Challenge (PIC), looking for entries which meet the challenge of substantially reducing carbon emissions. 

Last year’s competition was the first and saw the overall prize go to EFFIC, a Spanish specialist in residential refurbishments which improve energy efficiency. There were also regional winners from France, Germany, Nordics, Iberia, Switzerland, and the United Kingdom.

This year’s challenge is focused specifically on the reduction of Scope 3 emissions for managers and investors. Solutions must reflect a genuine shift away from business-as-usual practices and be tangible and scalable in a regional context.

Innovations must tackle at least one of the use cases proposed by the ULI community, which currently include retrofitting at scale, operational circularity, gamification to strengthen stakeholder collaboration, ESG platforms integration, and sustainable materials.

Lisette van Doorn, CEO of ULI Europe said: “We believe the PIC is an important initiative to build stronger connections between traditional real estate and proptech and encourage more industry wide innovation.”

More detail on the competition can be found here.

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