Better Spaces Snags First Place at Harvard’s Real Estate Venture Competition
On Saturday March 24, 2018, Better Spaces—a New York City based real estate technology start-up—demonstrated to the Harvard real estate community that they are best-suited to master the tectonic shifts occurring in commercial real estate today.
The Real Estate Venture Competition is the highlight of Harvard’s Annual Real Estate Weekend. Hundreds of international startups apply, and ten finalists are selected to pitch. Submissions are evaluated on solution, impact, scale, competitive landscape, financials, risk, and team.
Founder Stephen Rizzo and Product Manager Bukky Awosogba presented the concept. Before the panel of judges they described how the Better Spaces platform allows commercial property owners to curate unique experiences and increase tenant retention in their buildings.
Stephen kicked off the pitch by saying, “Today we are going to talk about Einstein, recombinant innovation, and smoking rooms.“
Better Spaces showed how they quickly became the leader in tenant engagement by creating "Inspired Spaces," areas within the workplace specifically designed for tenants to learn, work, play, and recharge throughout the day.
Moreover, Better Spaces’ agile amenities platform transforms existing building stock and future-proofs amenity spaces in development.
Their mobile technology allows for scale. It enables tenants to reserve space, control conference tools, participate in wellness programs, and communicate with the building. Data from the app gives property owners deep insights into tenants needs, thus providing an intelligent retention tool.
The judges unanimously agreed that Better Spaces was the most innovative and astute competitor and awarded them first prize.