Roshn Group, a Public Investment Fund-backed company and Saudi Arabia’s leading mixed-asset real estate developer of integrated urban communities, has announced the winners of the Roshn  Hackathon at Cityscape Global in Riyadh.

 

For the “New Venture Ideas” track’, EcoFit won the first prize for its cutting-edge development and received a prize of SR350,000 ($93,308), while Wajid team secured the second place and received a prize of SR150,000. In the “Established Start-ups”, NeoRoshn claimed the first prize worth SR350,000, while the JMM Innovation team came second and won SR150,000.

 

Each track offered a first-place prize of SR350,000. In addition to the cash prizes, the winning teams will also be invited to attend Innovation and 10x Thinking training at Google workshop and the Saudi Arabia Google Cloud Launch event.

 

Innovating for the future

“The Roshn Hackathon embodies our unwavering commitment to innovating for the future. It's not just about real estate; it's about ushering in groundbreaking technologies, setting unprecedented standards, and nurturing entrepreneurs and budding economic sectors across the kingdom. Through the pioneering solutions proposed by these forward-thinking entrepreneurs and startups, the Hackathon aims to elevate the quality of life for residents and tenants. We are focused on translating innovative ideas into tangible, state-of-the-art solutions tailored for everyday needs. I would like to extend my heartfelt congratulations to all the participants, especially our victorious winners, for showcasing such creativity and resilience,” said David Grover, CEO of Roshn Group.

 

The Hackathon showcased a dynamic gathering of 16 teams, hailing from both the kingdom and the global stage. These teams adeptly navigated challenges across three pivotal sectors: the evolution of software solutions, the unveiling of groundbreaking products, and the transformation of infrastructure and compliance. The participant pool, teeming with tech aficionados, real estate experts, budding college visionaries, and prop-tech trailblazers, became a melting pot of innovative minds. 

 

All were united by a singular mission: to ideate transformative solutions addressing the pressing challenges of the real estate sector. Ensuring a rigorous and fair assessment, a carefully curated panel of experts with profound roots in the Saudi real estate, housing, and technology sectors undertook the responsibility of judging.

 

Next wave of thinkers

The essence of this Hackathon resonates profoundly with Roshn's foundational ethos, serving as a marker of the confluence of diverse perspectives, collaborative ventures, and an indefatigable spirit of innovation. Such attributes not only pave the path for the future of real estate but also mirror Roshn’s steadfast commitment to empowerment. The event spotlights Roshn's drive to spearhead innovation, championing and nurturing the next wave of thinkers and creators destined to elevate the real estate industry.

 

CityScape, a premier international real estate event, recently marked its inaugural appearance in the kingdom, unfolding at the illustrious Riyadh Exhibition & Convention Centre in Malham. ROSHN took center stage as a Founding Partner for this landmark occasion. This debut Saudi Arabia edition of CityScape was nothing short of spectacular, boasting a lineup of over 200 eminent speakers and anticipating a massive footfall of more than 180,000 attendees. The event's rich agenda was curated around four pivotal themes: 'Smart Cities for Tomorrow,' 'Digital Transformation,' 'Accelerating the kingdom,' and the insightful 'Developers Forum.'-- TradeArabia News Service