Techstars is looking for the best entrepreneurs disrupting the PropTech industry for our second accelerator in Toronto: the Colliers PropTech Accelerator Powered by Techstars. The accelerator will run in Q4 2018 with applications opening in February 2018.
The accelerator will focus on solving problems and challenges across the property and commercial real estate industry – an industry of massive size and reach with total assets of ~$220 trillion worldwide. The possibilities for innovation, disruption and productivity-enhancing opportunities are endless. The partnership combines Techstars expertise in tech innovation, entrepreneurship and a worldwide alumni network with Colliers’ expertise in real estate, enterprising culture and global network. The selected 10 PropTech startups will gain access to this powerful combination accelerating their business plans and funding opportunities while providing innovative solutions to some of this global industries most pressing problems and newest opportunities.
We are excited about the breadth of this industry that touches every aspect of both consumer and business economies. We are interested in any businesses, ideas or solutions that touch the property and commercial real estate value chains. Examples include but are not limited to: efficient marketplaces, big data & advanced analytics applications to commercial real estate, blockchain solutions applied to commercial real estate, commercial real estate FinTech solutions, commercial real estate investor solutions, commercial real estate occupier solutions, AI and machine learning applications for commercial real estate, VR and augmented reality applications. Property and commercial real estate touch every aspect of daily life therefore the possibilities are endless and we are interested in the conversations around that intersection.
Colliers is one of the leading global real estate services companies in the world. They have over 15,000 skilled professionals operating in 68 countries. With an enterprising culture and 30 percent employee ownership, Colliers is a unique global organization. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers is consistently ranked in the top 100 global outsourcing firms by the International Association of Outsourcing Professionals, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row. Aon has also ranked Colliers as a platinum level best employer.
Colliers remains committed to being the most enterprising company by developing innovative and value enhancing services for our clients and professionals. The startups accepted into this program will gain unprecedented direct access and mentoring from Colliers’ global network, senior leaders and industry specific opportunities while being able to leverage Colliers’ organization for pilots and partnerships.
Toronto is one of the largest metropolitan areas in North America (currently sixth). Toronto placed fourth globally and first in North America for reputation by the Reputation Institute’s (“RI”) “2016 City Reptrak top 10,” a list of the world’s most reputable cities, ranking #1 overall among the best places in the world to live, #2 overall in the category of best place in the world for business, and #3 overall for best target for foreign direct investment. Toronto was the only Canadian city to place within the top ten for best place to invest.
RI’s research suggests the world’s most reputable cities are as safe as they are beautiful. And while Toronto is ranked by The Economist as the safest city in North America, Canada has also been selected as the best place to visit in 2017 by the Lonely Planet. No stranger to praise, Toronto has been named one of the best cities in the world for quality of life, and the best place in the world for youth and millennials.
Business owners and investors in Canada benefit from the most competitive business costs and lowest corporate taxes among G7 countries. That’s why Forbes consistently ranks Toronto the best country for business in the G20. In addition, Toronto is the best place in the world for software developers and is home to one of the tech scene’s most sought after office spaces.
We are extremely excited to be opening our second accelerator in Toronto, continuing to build, contribute and grow this increasingly important tech community in partnership with Colliers.
Get Your Application Ready
Applications open in February and the program begins in September. The 3-month intensive program will conclude with a Demo Day, where the PropTech startups will pitch their businesses to hundreds of global investors. Sign up for updates on this new program!