In brief: Stockland is offering $38,000 upfront investment and a further $500,000 in follow up funding for PropTech (property technology) start-ups creating solutions that support thriving communities.

The new Stockland Accelerator program will be powered by tech start-up accelerator BlueChilli. Entries are open until 19 October for Australian and New Zealand PropTech businesses to submit ideas.

“Australians have always had a passion for property and increasingly the technology within and we’re now looking for driven people with great ideas on how to make our properties, spaces and communities better and more connected,” BlueChilli chief executive office Sebastien Eckersley-Maslin said.

“The launch of the Stockland Accelerator adds another dimension to Stockland’s innovation approach. It will connect us with ideas and technology that could reshape our industry and benefit our communities,” Stockland chief innovation, marketing and technology officer Robyn Elliott said.