Are you a growth-stage startup or technology provider with a solution for the real estate or construction sector?
Hong Kong is home to some of the largest real estate and construction companies globally.
Together, we are seeking innovation and technology partners to join in our quest to decarbonise the real estate and construction sector and to contribute to the Hong Kong Climate Action Plan 2050.
Work with Hong Kong’s leading real estate and construction companies to help decarbonise the city with scalable, innovative solutions.
The Challenge
By engaging world-leading technology companies to address industry-specific challenges, we aim to catalyze innovation, accelerate the adoption of green technologies, and ultimately, lead the transformation towards a more sustainble built environment.
The Real Estate and Construction industry serves as a pivotal cornerstone of Hong Kong’s economy and the broader Asian region. By initiating the Hong Kong Green Tech Challenge series with this sector, we target an industry responsible for a substantial portion of carbon emissions. This approach aligns with the Hong Kong Climate Action Plan 2050 and presents a unique opportunity for innovation.
What we are looking for
Scalability will be key as we face ambitious decarbonisation targets with our Corporate Partners. We seek solutions that have been trialed elsewhere and are able to scale in Hong Kong and Asia.
We are inviting all scalable solutions for the real estate and construction industry to apply for the main Green Building Challenge.
Our Corporate Partners will also have specific problem statements that your solution might be able to solve.
What We Consider
Fitness & Readiness
How comprehensive and compatible is your solution? How fast can it be deployed?
Innovation
How novel is the solution? What are the projected improvements compared to existing practices?
Carbon Impact
How novel is the solution? What are the projected improvements compared to existing practices?
Scalibilty
What is the scale of carbon emission reduction? Any CO2- related revenue or cost saving?
Problem-Solution Fit
How fast can the solution scale within the organization? What are the market opportunities?
Team
How fast can the solution scale within the organization? What are the market opportunities?
Cost
What are the risk factors of your solution? How does it address existing risks?
Risk
What is the life-cycle cost of implementation including assessment of benefits?
How it works
This initiative is strictly about business.
The Challenge offers unique access to our Corporate Partners’ decision makers at the intersection of sustainability, innovation, operations, and investment. Our Corporate Partners are also committed to engage with and adopt world-leading technologies to accelerate their own sustainability agendas.
20 selected companies will have the opportunity to present their solutions online to the Challenge’s Corporate Partners and Challenge Allies.
At least 8 companies will be selected to join our Hong Kong Roadshow with full expenses covered to meet with matched Corporate Partners and Challenge Allies to further pilot projects and / or investments
Our goal is to create tangible and measurable outputs that are commercially viable and economically sound.
Timeline
Program Launch and Roundtable
Application Opens
Submission Deadline
Virtual Solutions Day
Shortlisted Candidates Engaged
Roadshow to Hong Kong
Closing Event and Roundtable
Frequently Asked Questions
The Challenge will initially be remote / virtual. However, at least 8 companies will be invited to Hong Kong in August for a Roadshow (expenses covered) to engage with Corporate Partners and further develop potential pilot projects.
About Carbonless
Carbonless is a rapidly growing innovation and investment platform specialised on technology solutions that help decarbonise Asia. We bring together capital, mature startups, enterprises and government entitites to help build a robust regional carbontech ecosystem, facilitate growth and reach carbon targets on a cleanear future.
Our team and advisory community bring experience across geographies from Fortune 500 corporate leadership roles in M&A, investment and carbon trading functions, whilst others have grown technology businesses across borders and exited startups.
For more details, please visit our home page.
Direct Contact:
Deborah Wai
Program Manager
deborah@hkchallenge.carbonless.asia
+852 9662 7692
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