Hong Kong property tech - Canadian Technology Accelerator
Hong Kong (H.K.) has been crowned the ‘world’s most valuable real estate market’ for the past 11 years with no signs of stopping. Due to the high value of assets, developers and property managers are looking to protect and increase the value of their holdings, as well as heed to calls for more affordable housing. Developers and construction companies have been setting up ‘innovation arms’ to source technologies globally, keen to protect their assets from natural disasters, improve tenant experience, and lower costs for construction. This makes for an attractive opportunity for Canadian technology providers to the real estate sector. This Canadian Technology Accelerator (CTA) program in Hong Kong aims to help Canadian property technology (PropTech) businesses navigate the market and connect with potential partners, buyers, and investors.
Important dates
| Application deadline | Program dates | Time commitment |
|---|---|---|
| April 30, 2022 (23:59 pm PT) | May to early September, 2022 | 2 hours per week |
Who should apply
We are looking for high-potential Canadian companies with a property related technology that can add value to the different parts of the real estate value chain. Companies must be interested in expanding into Asia and their end users must be:
- real estate developers
- construction companies
- property managers
- architectural firms
- mortgage lenders
- real estate investors
- realty agencies
- physical retail stores
- or other
Companies must have:
- companies that have already raised a round of funding from institutional investors
- an innovative and unique technology
- existing market traction – ideally companies that already have successful use case in North America or Europe
- a passionate, strong and committed management team with at least one senior manager (C-level or founder) who can commit to participating in the entire program
The Trade Commissioner Service (TCS) supports diversity, equity and inclusion in trade. We strongly encourage companies led by Canadians of all backgrounds and orientations to apply.
What we offer your business
Upon acceptance, your business will benefit from:
- market briefing on doing business in H.K.
- listen to leading experts in the PropTech ecosystem in H.K.
- access to corporate buyers and investors
- connect and network with other PropTechs in H.K. and Canada
- explore business opportunities in Asia
Program
Due to COVID-19 travel restrictions, H.K. CTA programming will be presented in a virtual format.
It will include:
- virtual market insights webinars on every two weeks
- targeted business-to-business (B2B) meetings and networking opportunities with potential local partners, investors and clients
- mentorship sessions offering tailored one-on-one to help refine/validate your market entry strategy (upon request)
May 2022: Introduction
Week 1: H.K. PropTech Association - Presentation on the H.K. PropTech ecosystem and question and answer session.
Week 3: H.K. PropTech Institute - H.K. PropTech Founders sharing session and question and answer session.
June 2022: Real estate Developers adopting tech
Week 1: Leading H.K. Developer #1 – Local Developer discuss their interests and how they work with PropTechs.
Week 3: Leading H.K. Developer #2 – Local Developer discuss their interests and how they work with p PropTechs.
July 2022: Investors Perspective/Construction Tech
Week 1: Leading H.K. PropTech Investor - Local Investors discuss their interests in PropTech.
Week 3: Leading H.K. Construction Company - Presentation on Construction Tech.
August 2022: Demo Day
Week 1: Demo Day/pitch – Cohort companies will pitch their solutions in front of H.K. ecosystem players such as corporate buyers, investors, and partners.
Week 4: HK Property Management Expo
September 2022: Closing
What you will gain:
- a deeper understanding of the commercial opportunities for your technology in the market
- guidance on entering and navigating the market
- an opportunity to present to and get noticed by strategic partners, potential buyers, and/or investors
- enhanced network development with relationships built to last outside of the program
Contact us
Learn more about this program by contacting:
Richard Fong
Trade Commissioner
Canadian Technology Accelerator – Hong Kong
Richard.Fong@international.gc.ca
