PIC – Eligibility and Criteria

Applicants can be any one of the below:

  • Not for Profit
  • For Profit
  • Academia/Research Labs

The competition for 2025 will be open to European organisations operating or have a product designed for one of the following markets: DACH (Germany, Switzerland), France, the Nordics (Denmark, Finland, Norway, Sweden), Iberia (Portugal, Spain), CEE (Poland & Czech Republic), Greece and Cyprus, and UK and Ireland. Submissions are open to ULI members and non-members.

Applicants are judged on three fundamental criteria:

Potential impact

What is the scale of the opportunity being addressed? To what extent can this solution address the reducing carbon emissions in affordable housing in a financially viable way challenge? Can you quantify the greenhouse gas emissions your technology could eliminate? Is your business local, or can it be rolled out in multiple geographical markets? Will it spawn an entire ecosystem of new supporting businesses? Might there be unforeseen negative impacts of the technology when developed at a larger scale?

Innovation

How original is your technology or business model? Is it a ground-breaking modification of what others are doing, or is it something completely new? Is it patented or otherwise proven? Are there barriers to its adoption or success, and can these be overcome? What complementary policies or business structures already exist?

Likelihood of adoption

Over what timeframe could your innovation scale? What partnerships, clients, and investors do you have? How do you plan to take your product to market? What is your level of cost competitiveness? What would the carbon price have to be? Can your business model or technology attract the necessary amount of investment?

View the PIC scorecard

To apply, you will need to create or log in to your ULI account and complete the online application form. No ULI membership is required.

Apply Here

 

If you have any questions about the PropTech Innovation Challenge please contact Helena Brown.