Real estate development incubator aims to increase industry diversity

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The FutureBUILDS BIPOC Real Estate Development Incubator is led by consulting firm Monumental and the University of Toronto Infrastructure Institute

invites mid-career entrepreneurs for a five-month course that will provide training, connections and on-site learning.

The five-month program, which is free, runs May to September; enrolment is open now. The program will assist participants in planning their first project, which will likely be a building with two to four apartments, with a goal of starting construction within three years. However, he adds: “That’s where a lot of established development families started out: doing things on the small scale and then working their way up.”

Several such professionals will speak at a public roundtable March 6 at Innis College at the University of Toronto.and the Canada Mortgage and Housing Corp.

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