Presenting innovative technology products and solutions, ten start-up companies have been selected from nearly 300 submissions from 42 countries and cities to join ‘PropXTech’, a corporate innovation programme jointly launched by Sino Group and Ping An Smart City. The organisers and participants share the belief in driving the development of the proptech industry, innovate real estate in the region and contribute to smart cities in all aspects from property development to management.
The programme opened for applications in October 2020 and received response from hundreds of entrepreneurs and start-ups from around the world. Following a competitive interview and pitch process, ten start-ups demonstrating exceptional creativity and potential were selected to join the innovation programme. Selections were made based on the strengths of the companies’ clear business models; sales, engineering, scalability and operational capabilities; and their ability to address customer experience, efficient processing, and financial impact.
The four-month programme kicked off in March 2021 and is now in the ‘Acceleration Phase’. Whilst receiving comprehensive mentorship from Sino Group and Ping An’s experts and world-renowned veterans, the finalists are also gaining access to the Sino Group’s innovation ecosystem to develop pilot and proof-of-concept projects in Hong Kong and Greater Bay Area, meeting with the Group’s various business units and partners to explore potential business scenarios and achieve synergic collaborations, as well as testing and fine-tuning their solutions in a real-world environment.
The ‘PropXTech’ corporate innovation programme is designed to foster and develop promising technology companies in the dynamic Greater Bay Area and to create innovative solutions for the region’s growing real estate industry. Later this year the finalists will have the opportunity to showcase their achievements and connect with investors and affiliate partners.
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