What is an accelerator?
Accelerators help cohorts of startups define and build their initial products, identify promising customer segments, and secure resources, including capital and employees. These programs have a limited-duration, with most lasting between three and 12 months.
They usually provide a small amount of seed capital, plus working space. They also offer networking opportunities and exposure to exclusive industry events.
Notable PropTech accelerators in Asia include: Propell Asia (JLL and Lendlease), UrbanLab (JLL, Swire and Ping An Urban Tech), and Techstars (Colliers International).