MassChallenge Accelerator, Wiki, Company Profile, Founder, Startups, Corporates, Governments and Ecosystems, Program Benefits and more
MassChallenge is a global, zero equity startup accelerator founded in Boston, Massachusetts in 2009. The mission of MassChallenge is to equip bold entrepreneurs to disrupt the status quo and create meaningful change.
MassChallenge is a nonprofit organization dedicated to supporting innovation and entrepreneurship through collaboration and development. MassChallenge has more than a decade of experience accelerating startups, industry, and innovation ecosystems. The company works across sectors to drive a strong future through collaborative innovation.
| Points | Information |
| Company Name | MassChallenge |
| Date of Establishment | 2014 |
| Establishment Place | United States of America |
| Founder | John Harthorne and Akhil Nigam |
| Registered Address | Boston, Massachusetts |
| Net Worth | $1M |
| Telephone no. | Data not available |
| Data not available | |
| Company Status | Active |
| MassChallenge | |
| MassChallenge | |
| Website | MassChallenge |
Establishment
- In 2008, MassChallenge co-founders John Harthorne and Akhil Nigam were working as strategy consultants at Bain & Company during the global financial crisis when they developed MassChallenge.
- In 2010, during its first Boston-based cohort, MassChallenge accelerated 111 startups.
For Startups
MassChallenge brings together some of the leading teams in corporate innovation, industry, knowledge government leadership to the company’s high-impact startups. Startups admitted into MassChallenge go through a 4 month period of curriculum, mentorship and exhibition events designed to produce avenues of growth, funding and third party collaborations. The company offers a program for exploring and developing accelerators in new locations. This is our Bridge to MassChallenge (B2MC) program.
For Corporates
Since 2008, the relationship between startups and corporations has changed dramatically. MassChallenge works with corporate and industry partners to build and accelerate their innovation strategies. MassChallenge works actively with the public and private sector to support the growth of innovation economies in the regions in which the company works. MassChallenge also consults with emerging innovation hubs in the U.S. and internationally.
For Governments and Ecosystems
MassChallenge’s mission and model is designed to drive increased connectivity and density across all key innovation stakeholders. Government (federal, state and municipal) Corporations, Academia, Media, Venture Capitalists, and Entrepreneurs. Connectivity and density benefits industry who need to be proximate to the teams and technologies that will drive future innovation.
What is Bridge to MassChallenge? (B2MC)
Through Bridge to MassChallenge, the company partners with international leaders to build stronger innovation ecosystems. The company work together to develop and implement innovative new approaches that transform local innovation economies, streamline corporate innovation practices, and help startup ecosystems involve.
Program Benefits
Startup Boot Camps
MassChallenge runs or helps partners run – a competition to source and grow your highest impact startups. Selected startups participate in an intensive week of specialized workshops, trainings and mentoring sessions with top industry experts around the world.
Innovation Ecosystem Tours
MassChallenge organizes and hosts tailored tools of a MassChallenge location or other industry relevant sites for innovation leaders.
Advisory support
The company works with leaders to build integrated and evidence-based innovation ecosystem solutions. The company helps local accelerators, governments, corporates, nonprofit design their startup acceleration program strategy.
Ecosystem building
MassChallenge offers skills or industry specific trainings for local innovation and ecosystem leaders. The company will work with partners to identify the needs of those innovation leaders and tailor a workshop to fit those needs.
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