MADRID, 17 March, 2016 – CBRE Global Investors, an international real estate investment management firm, today launched the Emprende Plan, a social initiative to help entrepreneurs launch new businesses.
Jose Antonio Martin-Borregón, Managing Director for Spain and Portugal, CBRE Global Investors, presented the plan, which will be developed in collaboration with PGS Group, an association of private investors, as well as CEAJE, an entrepreneurship association as well as private entities and public institutions.
The Emprende Plan, which aims to support economic development and job creation, will be implemented simultaneously in the cities of Valencia, Logroño, Salamanca, Vitoria and Tarragona. The initiative will reward innovation and entrepreneurship through two award categories.
The “Entrepreneurship Category” will reward the most innovative business projects or startup companies in each of the five cities while the “Local Business Category” is for retail businesses, franchises and any business or service that may be present in shopping centres. The winners will receive a prize package designed to help them launch their idea or company.
CBRE Global Investors will offer the winners in the second category the opportunity of setting up their business in one of the shopping centres that will be participating in this round: Ribera del Xúquer in Valencia, Berceo in Logroño, El Tormes in Salamanca, Boulevard in Vitoria and Parc Central in Tarragona.
Entrepreneurs can take part by presenting their business projects or companies through the website www.concursoemprende.es until Tuesday 17 May.
Martín-Borregón said: “CBRE Global Investors is aware of the importance of entrepreneurship as an essential principle of business creation. Therefore, we have decided to launch this ambitious initiative to give young entrepreneurs a boost with the establishment of their business.”
Pablo Gimeno, Director of the PGS Group, said: “These initiatives are crucial for promoting economic development and job creation, and we are pleased to be supporting such a rewarding scheme. Indeed, the fact that private firms like CBRE Global Investors support entrepreneurship is critical in our society. Given the initial difficulties, it is always appreciated by entrepreneurs that their ideas are valued so as to obtain the necessary initial boost when they may feel like being alone in the dark.”
CBRE Global Investors has a strong presence in the shopping centre sector, in addition to its activities in logistics and offices. The company has 19 shopping centres throughout the Iberian Peninsula.
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About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $89.0 billion in assets under management* as of December 31, 2015. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment firm for the benefit of its investors. CBRE Group, Inc. has more than 70,000 employees in more than 400 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of investments in real estate; equity in funds and joint ventures; securities portfolios; operating companies and real estate-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.