Project Greenlight’s open call process solicits innovative ideas that address complex challenges facing public infrastructure bodies and private enterprises (“members”). Whether your submission involves an emerging technology you are bringing to market, or a commercially available solution used in an adjacent industry, it must be unique, scalable, and aligned with QuadReal’s strategic priorities.
In support of its commitment to building stronger communities, QuadReal integrates environmental, social and governance (ESG) factors into its core activities.
This includes its corporate, global real estate, mortgage management, due diligence, and investing activities. The company holds itself responsible by benchmarking its ESG performance through the Global Real Estate Sustainability Benchmark.
To further these activities, QuadReal is actively making investments in innovation across its residential, office, and light-industrial real estate portfolio. Areas of interest include:
1. Improvements in connectivity:
2. Improvements in digital security, including solutions that mitigate vulnerabilities in building-management systems. 3. Fault detection and control systems that require minimal intervention and integrate multiple building-management technologies. 4. Occupancy tracking systems, both static and dynamic. 5. Anything that enhances one of the following:
Management command and control, including mobile solutions for roaming building managers
6. Value-added built services enhanced by new technology.
QuadReal is particularly interested in leveraging open platforms to aggregate data from different sensors and/or technologies into a single command-and-control display.
QuadReal is committed to reducing the carbon footprint of its Canadian operations by 80% before 2050, with the goal of unlocking new thinking, synergies, and partnerships. The company aims to earn trust, help its tenants and residents flourish, and help its neighbours thrive.
A successful solution will demonstrate environmental, social, and governance performance via tests and pilot installations. Where relevant, it will collect accurate data on reduced impacts or increased efficiencies.
Successful solutions will achieve the above benefits while lowering operating and/or maintenance costs. Where relevant, the technology will identify any potential issue prior to failure more than 90% of the time.
Successful solutions may be invited to pilot their solution on QuadReal’s infrastructure. Successful pilots may be invited to extend their solution across the company’s real estate portfolio.
Note: all inquiries and proposals must be submitted through the Project Greenlight website. If you have a question, check the FAQ for commonly asked questions; alternatively, you can submit your query using the Contact Us form. Please do not contact members directly.
Investment payback/cost recovery within five years; however, QuadReal will consider a payback in as many as eight years with additional due diligence.
Digital security: What security features and standards are implemented in the solution?
Coverage: How many discrete connection terminals are needed to implement the system?
Effectiveness: How well does the solution mitigate environmental impacts when benchmarked against the norm?
Reliability: How well does the solution perform in the real world? Can the solution operate during a power failure?
Latency: How quickly can an issue be detected and mitigation measures triggered? What are its sensor polling frequencies and/or triggering events?
All Project Greenlight evaluations have the following criteria:
All companies must demonstrate financial stability and ongoing operational readiness.
Proponents should explain their intellectual property strategy, including appropriate protections secured or in process.
Proponents should identify their technology’s associated risks, including those that may emerge during deployment and operation, and outline a corresponding plan to mitigate them.
Proponents should explain a strong business case potential for any submissions, with a return on investment that can be subjected to a sensitivity analysis based on performance metrics.
Proponents should explain their desired outcomes with respect to promotion of the results of any engagement.
The Project Greenlight team (Vancouver Economic Commission and Foresight sector leads) undertakes a standardized review process across all challenges. Proponents should review the eligibility criteria for their specific challenges, as each has its own requirements. Proponents should also closely review the Application Handbook [PDF].
The process begins with an initial review of submissions, checking for completeness and ensuring compliance with minimum criteria. The Project Greenlight team will advise proponents of their eligibility for further consideration.
The Project Greenlight team will then pass on eligible submissions to the member, which will review them for relevance and quality. The Project Greenlight team will support this process and act as an intermediary between the member and proponent if any further clarification is required.
The Project Greenlight team will review submissions on a basis. The first deadline is May 31st, 2021. The team will endeavour to respond with initial feedback within 30 days of the deadline.
QuadReal may invite a short list of proponents to make a direct pitch to its review team. The Project Greenlight team will provide proponents with templates and clarify the format of the meeting with at least 14 days of lead time. Pitches will be followed by a Q&A.
The Project Greenlight team respects the work involved in submitting a proposal. We value the contribution that entrepreneurs make to innovation and improving our communities. In return, our team commits to keeping proponents updated on their application’s status. In cases of rejection, we will also explain why a member passed over a given application and, where possible, offer feedback for improvement.
Proponents should not be discouraged if they are not selected for a particular challenge. We encourage multiple applications and re-applications as deficiencies are addressed.
QuadReal uses the BehrTech MYTHINGS™ wireless Internet of Things connectivity platform. Ideally, proposed solutions should be compatible with this platform. If the proponent’s solution does not yet support MYTHINGS™, QuadReal accepts guidance on the scope required to leverage the platform’s application programming interface (API).
Building insurance premiums and deductibles are increasing at a dramatic rate across the country. The proponent could access significant QuadReal funding if its proposed solution demonstrably mitigates insurance risks such as flooding and extreme weather events.
Open Call: Digital Clean Technology Challenge
Looking to disrupt? Partner with QuadReal to launch your industry-leading digital solution as part of our $171.3 billion real estate portfolio.
Wondering if your technology is the right fit for the QuadReal? Have questions about the evaluation process?
Talk to a member of our team using the live chat service in the bottom right corner of this window.
Read through a list of commonly asked questions in the help centre.
If you would prefer, you can send as an email.