The Proptech Innovation Award is a global competition seeking out the hottest startups in the field of proptech.





The PropTech Innovation Award, initiated by GTEC and Union Investment, is looking for the best ideas in the PropTech field, so whether you have a startup or prototype, apply now to win big!

The Prizes:


Cash Prizes

Win from 40.000 Euros of cash prizes – no strings attached.
(1st prize – 2nd prize – Community Award)

Exclusive GTEC Membership

Apply for the chance to win exclusive membership to the GTEC lab – a 3-12 month support program, providing you with free central Berlin or Frankfurt office space; legal, tax and business consulting; plus direct access to GTEC’s international network of investors and advisors – for 0% equity and 0 euros rent.

Pitch at the Proptech Award Ceremony

Pitch alongside 9 other finalists in front of 300+ people at the PropTech Innovation Award Ceremony, which will be taking place at Säälchen in Berlin on May 16, 2018!

MIPIM Startup Competition

The main prizewinner of the PropTech Innovation Award will automatically be given a place in the preliminary round of the MIPIM Startup Competition, thereby giving them a chance to pitch their concept to an international audience of experts at the MIPIM Real Estate Exhibition in Cannes in 2019.



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Think you’ve got what it takes? 

Frequently Asked Questions


To support and promote innovation in the field of property technology, GTEC and Union Investment have launched the PropTech Innovation Award, open to all relevant startups from anywhere in the world. The total prize money is EUR 40,000, to be awarded EUR 20,000 (Gold); EUR 15,000 (Silver); EUR 5,000 (Community). The contest is industry and stage agnostic.


Here are a few of the most frequently asked questions regarding the PropTech Innovation Award – should you have any other questions, please reach out to for further assistance.

Can I apply with more than one idea?

Yes! Please do. We’re interested in all of your proptech-related ideas. The only thing you’ll notice is that the application platform prevents multiple entries under one username. To submit multiple ideas, please just log in using a different email account and submit your next idea there. Email us at if you get stuck.

What stage does my startup have to be at?

We welcome applications from startups just coming together to work on a prototype, as well as from established businesses. What we’re interested in is the quality of your ideas and your potential to make it happen.

What about Intellectual Property rights?

The proposals submitted must be based solely on original work by the applicants and their proposed developments must be free of third party rights obligations; or these should be clearly stated. All IPR created by the applicants using the PropTech Innovation Award funding will remain the property of the applicants, who will be the sole owners of the technologies created within the framework of their funded projects.

See what’s become of some of the PropTech Innovation Award 2017 finalists!

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Ready for the Proptech Innovation Award 2018?