Brigade REAP (Real Estate Accelerator Program)

Brigade REAP, Asia’s first real estate startup accelerator, has announced Brigade REAP (Real Estate Accelerator Program. The Brigade REAP (Real Estate Accelerator Program) is well structured one that covers all the aspects required in helping companies create scalable and sustainable businesses. This program creates the optimal environment for Real Estate startups to scale up by providing support in the form of a Startup Kit and connecting the company with its widespread network of Developers, Architects, Designers, Contractors, Construction Companies, and Commercial Building operators, among others. Tamilnadu RERA – Real Estate Agent Rules

Note on Brigade REAP

Brigade REAP is Asia's earliest PropTech-focused accelerator. Brigade REAP has been instrumental in establishing PropTech as a category because of its close association with stakeholders of the Real Estate industry - Developers, Architects, Designers, Contractors, Construction Companies, and Commercial Building operators, among others. SAC Code and GST Rate for Real Estate Agents and Real Estate Services

Eligible Startups

Eligible startups for applying to the Brigade REAP (Real Estate Accelerator Program) are given here:

Validation Stage Startup
Early Traction Startup
Scaling Stage Startup

How to Start a Real Estate Business?

Eligibility Criteria for Startups

The eligibility criteria for applying to Brigade REAP (Real Estate Accelerator Program) are as follows:

Any startup that has an innovative solution for a pressing problem in the Real Estate industry can apply for the Brigade REAP (Real Estate Accelerator Program).
The startups should have at least some early validation, which could even be a single pilot installation for applying for the accelerator program.
All Validation Stage, Early Traction and Scaling Stage startups can apply for the accelerator program.

Relevant Industry

Analytics & AR VR (Augmented + Virtual Reality)
Construction, AI, and Green Technology
Finance Technology, Design, and Renewable Energy
Internet Of Things, Non-Renewable Energy, and Retail
Transportation & Storage and Real Estate
Other Specialty Retailers, Robotics and Waste Management

Relevant Service Type

Government, Hyperlocal, and Discovery
Location-Based Services, Manufacturing, and Marketplace
Mobile, Offline, and Online Aggregator
Peer To Peer, Platform, and Consulting
Consumer Internet, Engineering, and E-Commerce
Rental, Enterprise Mobility, and Research
Sharing Economy, Social Enterprise, and SaaS
Subscription Commerce

Benefits Offered

The benefits of Brigade REAP (Real Estate Accelerator Program) are as follows:

The average increase in revenue for startups across the portfolio is 341%.
48% of our startups have raised capital from marquee investors such as Accel Partners and HDFC Capital.
100% of the startups have received business from the Real Estate ecosystem.
Brigade REAP enable investor and customer connections after they remove choke points that are inhibiting growth and the startups have sharpened the value proposition to a point.

TimeLine of Brigade REAP (Real Estate Accelerator Program)

Application Opens	9^th April 2022
Deadline to Apply	24^th May 2022
Application Result Date	11^th July 2022

Application Procedure for Brigade REAP (Real Estate Accelerator Program)

The accelerator Program Applications will be open from 9^th April 2022 to 24^th May 2022. The applicant is required to access the official webpage of Startup India.

From the home page click on the Programs option and then select View all active programs.
By clicking on the Accelerator Programme from the new page, the list of active programs will be displayed. Click on the SUPER 50 Accelerator Program, the link will redirect to a new page.
Click on the apply now option; the Startup India login page will be displayed. The existing users of Startup India can log in to the portal to apply for the program.
After login to the portal, the applicant can apply for the program:

Brigade REAP has a two-phase Jury process. Once a startup is selected for a Jury presentation, the founder will be contacted by Brigade REAP. The final selection for Cohort 12 will happen by July 2022.