MassChallenge is a global, zero-equity startup accelerator that has championed over 2,344 startups since its establishment in 2010. Through its 4 months accelerator program, it provides startups with world-class mentorship, a vast network, and education, along with over 3 million dollars in cash prizes each year to the enterprises that provide the highest impact and potential in their industries.
Notable success stories from MassChallenge include Relayr, which raised over 100 million dollars in funding and was eventually acquired by the insurance conglomerate, Munich Re, for 300 million dollars. Another successful startup is Ginkgo Bioworks which raised a 2.5 billion dollar valuation. These examples illustrate the real impact and contribution MassChallenge makes by bolstering startups.
MassChallenge prides itself on taking no equity from the companies it helps to launch. Founders retain full ownership of their companies while receiving the full benefit of the accelerator’s resources. This sets MassChallenge apart from the majority of accelerators that typically exchange their resources for company equity.
The accelerator is passionate about fostering creativity, innovation, and growth across a wide variety of industries. Founders from any place around the world and from any industry may apply, with over 95 countries currently represented in the MassChallenge alumni.
MassChallenge has also introduced new initiatives like MassChallenge HealthTech and MassChallenge FinTech that specialize in fostering growth and innovation specifically in the health and financial sectors. Aiming to solve some of the world's massive yet unmet needs, these initiatives provide startups with strategic partnerships, industry resources and mentorship to meet their specific, industry-related needs.
MassChallenge has seen incredible support from corporate, public, and philanthropic partners such as Fidelity, Deshpande Foundation, Microsoft, CASIS and others. This aligns with MassChallenge’s goal of fostering a global, supportive community of startups.
Showing your skills in picking successful startups and advising founders is the surest way to build your reputation and secure a venture capital role.
Explore →Your community, region, or group thrives when its founders are given the chance to succeed before going back and reinvesting in their comunities.
Explore →Earn a share in startups you scout without the funds to invest directly just like a VC partner.
Explore →As a podcaster, community manager, or event organiser you have a front-row seat to interesting startups which you can monetise by helping them fundraise.
Explore →By identifying under-represented founders you're level the playing field for anyone to success based on merit independent from their social or ethnic background.
Explore →Help your friends who are neck-deep in their startups get the funding they need to succeed.
Explore →MassChallenge's Accelerator connects startup investors with dealflow opportunities from cutting-edge innovators and startups. Join now to create a pipeline of potential investments.
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