ABOUT THE PROGRAMME
- A unique accelerator for the growth of startups that develop innovative solutions or services for the real estate sector
The selected startups in the pre-seed and seed phase will receive an initial investment of €115K
4-month acceleration programme, with constant support throughout all stages of the journey from the accelerator’s partners, in a process that will help them identify and consolidate their business models
The best projects will also have access to additional investments allocated by CDP Venture Capital Sgr, the promoters, and its corporate partners
10 startups selected every year for 3 years
We are here to grow together
HabiSmart provides the selected startups with 6 pillars
€115K combination of cash and services
Strategic deep dive round table with Program Partners (e.g., POC, Project Milestones )
10+ Additional services sponsored by Program Partners
Up to €200K cash for selected graduates of the Program
E2E support on product, business, investment, mentors, and more
20+ workstations in the heart of Milan
HOW YOU FIT
Focus on Italian or on startups who are looking to enter the Italian market; we are looking for startups with solutions and technologies to solve problems and enable breakthroughs in the PropTech sector.
You are an Italian startup, or;
You are an International startup with Italian founders willing to incorporate back into Italy, or;
You are an International startup seeking to enter the Italian market.
Your Startup has raised less than 1M€
YOUR SOLUTIONS ARE FROM
PropTech & Sustainable Buildings
Advanced Building Management
Building Information Management
Metaverse & Blockchain Application
Non-fungible tokens & Metaverse applications
Community gathering and animation switch the neighbourhood into an amplified service platform (B2C Market)
Metaverse application to amplify digitally a physical asset (building and neighbourhood) (B2B Market)
Gamification applied to digital real estate, to community interaction, to ESG objectives
Energy Exchange Software
Collaboration with Distribution Service Operators
Crowd-Funding, Including Crypto-based
Usage of data in pricing
Physical presence monitoring (i.e. footfall analytics, monitoring)
Service Accessibility (i.e. coworking, smart parking, environment analytics)
Asset Management Optimization (i.e. incident management, cognitive building, Safety)
Energy Efficiency & Management
New Technologies (i.e. heat pumps, water heaters)
Increased Appliance Efficiency (appliance control algorithm, sensors)
Home Energy Management Systems
AI/Big Data utilisation
Business Model Innovation (heating as a service)
Energy Storage & Carbon Capture
Devices for daily & seasonal storage
Matching consumption and availability
Local Carbon capture & storage
Climate Comfort Systems
Algorithms to manage Heating
Ventilation & Air Conditioning
07.06 – 21.07
06.09 – 04.10
Final Selection Day
14.11.22 – 21.03.23
FREQUENTLY ASKED QUESTIONS
The programme is aimed at startups in the MVP / prototype phase, initial market traction and scale-ups operating in one of the key sectors and segments of PropTech and Sustainable Buildings.
You can apply even if you have not yet established your company, provided that the company is established within 2 months of joining the programme.
Yes, we will invest in the 10 startups that enter the programme’s final phase. A first investment will be made immediately after the selection that opens the Validation phase, including the provision of acceleration services during the programme and a cash investment of €115K. As a consideration for the investment, the programme will acquire up to 10% of the share capital of the start-ups.
Furthermore, HabiSmart is a unique programme where investment accelerates as you accelerate: the programme can make an additional cash investment of no more than €200K in the programme's startups following Investor Day, selected by the programme's team, bringing the total potential investment to up to €315K. Acceleration, based on the KPIs / tractions achieved by the individual startups during the programme.
At least 5 experts will read your application afterJuly 15 closing date. In August, MassChallenge will contact you with the judges’ feedback and round 1 outcome. Successful startups will then be invited to a 1-day boot camp in Milan between September 06 and October 04. The final startups are invited to participate in a Demo Day selection event on November 03 in Milan. Selected startups will then be invited to the accelerator starting November 14.
Contact MassChallenge Switzerland per email: firstname.lastname@example.org
The programme’s activities are organised to engage the founders a little more than one day a week, with a more intense phase in the first half and extended after that. The teams will also have access to co-working stations in Milan at the partners’ offices for the duration of the programme.
Absolutely. Our involvement can be even more critical at this stage, accelerating the business development of your startup. During the programme, you will have the opportunity to get in touch and explore commercial or industrial opportunities with the programme's corporate partners.
Yes, the startups invited to attend the Selection Day will receive the contractual terms (term sheet and, subsequently, investment agreement) which govern the terms and conditions of their participation in the Programme, the subscription of which is a prerequisite for accessing the acceleration programme and be qualified as a participating startup. Before the Selection Day, signing the contracts or the essential elements of the same is a requirement to participate in the event.
We will be assessing the following: the innovation and originality of the idea or approach proposed, the skills (heterogeneous and complementary) of the team, the potential and size of the target market, the presentation and the presentation skills of the product/service as well as the business model.
The programme includes meetings (both one-to-one and one-to-many) between the selected startups and the programme's partners to create an opportunity to discuss the innovation needs and the solutions proposed by the startups.
No. However, we believe it is essential to actively participate in the development of the startup for approximately six months after Demo Day. Therefore, we ask for the presence of an observer on the board of directors. If and when HabiSmart completes a further investment, the possibility of appointing a board member is reserved as a right.
Yes. In addition to investing €115K in the programme’s top performers, HabiSmart reserved the right to invest additional resources in all participating startups.