The Ministry of Land, Infrastructure and Transport and the Korea Research Institute for Human Settlements (KRIHS) will hold an award ceremony for the '2025 Real Estate Service Industry Startup Competition' on the 1st at the Korea Research Institute for Human Settlements in Bangok-dong, Sejong City.
The Real Estate Service Industry Startup Competition is held with the aim of promoting youth entrepreneurship through the discovery of innovative ideas in the real estate sector and operating educational programs at various stages of startup. This year marks the 8th edition.
A total of 43 teams participated in this competition. Entrepreneurs who developed systems and platforms utilizing real estate big data and artificial intelligence (AI) technology accounted for 86% of all participating teams.
After a document review by relevant experts, 20 teams were selected from the participating teams, and after startup consulting and presentation evaluations of the selected 20 teams, a total of 7 award-winning teams were chosen.
In the 'Challenge Startup Category' aimed at startups with less than 3 years of establishment, Sosity Co., Ltd. won the grand prize. This company showcased 'Proper Manager,' a system that integrates electronic signatures, electronic voting, and document storage functions, digitizing the entire process before meetings. The system received high praise for presenting digital administrative innovation services such as public data-based decision-making automation, institutionalizing electronic general meetings, and reducing documents based on ESG (Environmental, Social, Governance).
The excellence award went to Transformer Co., Ltd. The team developed a commercial bidding quant investment decision support service using the country's first deep learning evolutionary algorithm technology, which received favorable reviews.
The outstanding award was given to the Plan by Technologies team for developing AI-based automated building design. The encouragement awards went to 'Buildada Co., Ltd.' for developing an all-in-one interior solution and the 'Nepyeon Company' team for creating an AI-based one-stop real estate secure contract service.
In the 'Growth Leap Category' aimed at corporations established within 4 to 7 years that develop additional services based on public data utilization, Lucent Block Co., Ltd. won the grand prize. This company introduced the country's first securitization business structure that allows real estate investment participation at low costs by subdividing real estate into revenue securities through their 'Real Estate Revenue Securities Issuance and Distribution Platform.'
The excellence award was given to the Piper Public team for developing a commercial real estate data solution using AI algorithms and a big data analytics engine. They received high marks for providing stable and sound investment opportunities to the public by solving the opacity and asymmetry of real estate market information.
The award-winning teams will qualify to participate in the finals of the government-wide startup competition 'Challenge K-Startup,' hosted by the Ministry of Small and Medium Enterprises and Startups, and the 'Public Data Utilization Startup Competition,' hosted by the Ministry of the Interior and Safety, which will be held in the second half of the year. Various follow-up support, such as investment consulting and opportunities linked to investments, will also be provided.
Park Jun-hyung, the Land Policy Director of the Ministry of Land, Infrastructure and Transport, noted, 'We will continue to provide policy support so that startups utilizing AI and big data to offer new real estate services can sustain their growth.'