MEXICO CITY—Second Century Ventures, the strategic funding arm of the Nationwide Affiliation of Realtors®, at this time introduced the growth of the award-winning REACH know-how progress program to Latin America.
After efficiently accelerating greater than 100 firms by means of its U.S.-based packages, REACH started international growth in 2019 and has since opened packages in Australia, Canada and the UK. Chosen as the subsequent area for growth, the Latin American actual property business represents practically $1 trillion USD in alternative, and proptech has quickly turn out to be one of the vital engaging sectors for enterprise capital funding.
“REACH Latin America is a brand new chapter in our program’s historical past, furthering our dedication to supporting entrepreneurs and innovators all through international actual property,” mentioned NAR CEO and SCV President Bob Goldberg. “We welcome all standout startups to use to hitch us as we associate to propel our occupation into the long run.”
REACH Latin America (REACH LATAM) will probably be led by Carlos Rousseau, who brings greater than 20 years of experience from the property improvement, know-how and enterprise capital markets. Rousseau serves because the president of the Mexico Proptech Affiliation and is the founder and former president of Orange Investments, a multinational actual property developer and funding firm with a confirmed observe file of greater than 300 initiatives and over $1 billion USD in belongings beneath administration.
Primarily based in Mexico Metropolis and Monterrey, the REACH LATAM crew will work intently with prime actual property organizations, firms and know-how companions to assist speed up the adoption and engagement of latest improvements. Centered on early to mid-stage know-how firms innovating in and round the true property sector, this system will provide an annual curriculum together with mentorship, unique occasions, community publicity, strategic planning and entry to a portfolio of greater than 200 like-minded, high-growth tech firms.
Functions for REACH Latin America will probably be open by means of February 28, 2023. For extra data and to use, go to https://www.nar-reach.com/latam.