MassChallenge
Key information:
- MassChallenge is composed of nine accelerator programs in these locations
- Boston; Israel; Mexico; Rhode Island; Switzerland; Texas
- Zero entry free and zero equity taken - MassChallenge is not for profit
- The program gives out around 1 million in prizes & 20K in scholarships
- The program provides mentorships, a curriculum for early stage startups, a network of 2,000+ alumni, and connections to investors
- The main accelerator program is the one in Boston
Specs:
- Its portfolio of companies has collectively raised over 6 billion in funding
- 2,400+ startups
- Startups in 54 countries
Other notes:
- MassChallenge also runs two other programs:
- (1) Bridge to MassChallenge which fosters innovation in various countries, particularly developing ones.
- (2) Partnerships between later stage startups and enterprises that need to innovate
- MassChallenge is funded primarily by corporate sponsorships
- Founded in 2009