VANCOUVER (June 1, 2022) – The Canadian arm of the REACH actual property expertise scale-up program is now accepting purposes for its 2023 cohort. The award-winning REACH program was developed and is operated by Second Century Ventures, the strategic funding arm of the Nationwide Affiliation of Realtors®.
The mission of NAR’s international REACH program is to pick out and speed up probably the most promising new expertise firms in actual property and adjoining industries – together with banking, insurance coverage and residential companies – by providing premier entry to the next:
- Mentorship from actual property, mortgage, enterprise capital and expertise sector leaders;
- Training on how one can navigate the trillion-dollar international property trade from high specialists from organizations such because the Toronto Regional Actual Property Board, the Institute of Actual Property Administration and main expertise corporations worldwide;
- Unique alternatives on the most impactful conferences, commerce reveals and networking occasions together with Banff Western Connection and NAR NXT;
- Distinctive entry to high media and educational organizations; and
- A world community of extremely proficient, like-minded entrepreneurs, together with greater than 180 REACH portfolio firms and curated program sponsors.
On the heels of two profitable cohorts, REACH Canada has established itself as an trade standout and can as soon as once more supply a choose group of entrepreneurs entry to a worldwide community of friends, mentors and traders at the side of its sister applications within the U.S., Australia and the U.Okay.
“Our group has seen many thrilling expertise developments in the actual property house in the course of the previous few years,” mentioned SCV President and NAR CEO Bob Goldberg. “The REACH Canada scale-up program is an asset to aspiring entrepreneurs and affords an important increase to assist propel their enterprise to the subsequent stage.”
Notable successes from REACH Canada portfolio firms embody a nationwide pilot between Openn USA and the Canadian Actual Property Affiliation to carry clear bidding to the house buy course of in Canada; a partnership between Rental Beast and the California Affiliation of Realtors® to energy rental market knowledge and expertise to 217,000 C.A.R. members; and the Rise sustainable residence renovation platform, which was chosen to be featured as a part of the joint initiative between the Nationwide Affiliation of House Builders and the Nationwide Affiliation of Realtors®, House Efficiency Counts, connecting professionals and customers with excessive efficiency residence merchandise. Collectively, REACH Canada portfolio firms have raised in extra of $50 million of funding in this system’s two years.
“With two profitable cohorts underneath our belt, we’re much more dedicated and ready to work with firms that present immense worth to the house shopping for expertise, and produce empowering options to market,” mentioned Lynette Keyowski, REACH Canada Managing Companion. “We welcome firms and founders which are centered on providing new options, views and experience to deal with a few of our greatest social and financial challenges, together with housing affordability, accessibility and sustainability.”
Purposes for REACH Canada shall be accepted by July 31, 2022. The 2023 program, which runs from October 2022 by Might 2023, features a mixture of digital and in-person occasions. For extra details about REACH Canada, or to use, go to www.narreach.ca.
REACH is a novel expertise scale-up program created by Second Century Ventures, probably the most energetic international fund in actual property expertise. Backed by the Nationwide Affiliation of Realtors®, REACH leverages the affiliation’s greater than 1.5 million members and an unparalleled community of executives inside actual property and adjoining industries. The REACH program helps expertise firms scale throughout the actual property vertical and its adjoining markets by training, mentorship, and market publicity.
The Nationwide Affiliation of Realtors® is America’s largest commerce affiliation, representing greater than 1.5 million members concerned in all features of the residential and business actual property industries.
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