The Bahrain International Property Exhibition (BIPEX) 2019 partners with Bahrain FinTech Bay – MENA’s largest FinTech Hub to launch the PropTech hackathon for University Students and industry experts within the real estate market with the objective of stimulating cutting edge solutions to solve real-world challenges faced by today’s leading real estate companies in the region.
Mohd Al Sayed, BIPEX Chairman comments on the partnership “Our partnership with the Bahrain FinTech Bay is in line with our 2019 Edition, and its new strategic direction. We have always emphasized that Bipex is a platform to exchange and promote ideas, in addition to showcasing the prime real estate developments in Bahrain.
"The PropTech Hackathon will be an opportunity to involve real estate industry experts and the youth to share their solutions and strategies for the future. We commit to innovation and strengthening the ecosystem tied to Vision 2030.”
Khalid Saad, CEO of Bahrain FinTech Bay “We are delighted to partner with BIPEX to launch Bahrain’s first PropTech challenge. Industries including real estate are rapidly transforming as the pace of technological development increases. The challenge aims to be the platform where different stakeholders in the real estate and technology industries exchange knowledge, ideas and collaboratively address industry challenges.”
This initiative will gather essential real estate stakeholders formulating complex challenges within the industry. The event will encourage individuals to develop prototype solutions through a series of specialized mentorship sessions addressed by some of the experts, advisors and real – estate regulators.
The PropTech hackathon will run for three consecutive days at the end of which students will present their final ideas to a judging panel comprised of some of the industry experts.
Participants will be assigned to formulate their teams, assign different roles and start brainstorming. They will then be exposed to a one-on-one mentorship session various knowledge partners assisting them in completing their final pitches. The final stage includes the students pitching their innovative solutions for the opportunity to win 3 cash prizes.
BIPEX will be held on 7,8,9 December at the Bahrain International Exhibition & Convention centre.