Awards

MassChallenge awards over $1.5 million in cash grants and over $10 million of in-kind deals

MassChallenge Cash Grants & In-Kind Deals

  • All engaged MassChallenge finalists pitch to panels of judges to determine grant winners at the end of the program
  • All finalists have access to in-kind deals throughout the accelerator, winners receive additional in-kind support
  • All support and grants are provided with no strings attached. No equity taken. No restrictions applied

MASSCHALLENGE ACCELERATOR PRIZES ($1,000,000)

Several rounds of judging determine cash winners. MassChallenge judges award a total of $1 million in grants to 10-20 startups in amounts of either $100,000 or $50,000.

View the lists of winners here:
2013 | 2012 | 2011 | 2010

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CASIS Prize for Technology in Space ($600,000)

The Center for the Advancement of Science in Space (CASIS) provides an additional $600,000 prize and the opportunity to use the International Space Station National Laboratory as the ultimate research or technology development platform. Startups will be challenged to develop projects that can utilize the unique microgravity environment and vantage point of the ISS to develop intellectual property and/or applications that provide significant benefit to U.S. citizens in the areas of life sciences, material and physical sciences, or earth observation and remote sensing technologies.
 
 

Perkins Prize for Assistive Technology ($25,000)

Perkins will offer an additional $25,000 grant via the Perkins Assistive Technology Prize to encourage MassChallenge participants to develop new, low- and high-technology devices that could make a significant, positive impact on the quality of life for people with disabilities. Special consideration will be given to applicants whose aims to benefit people who are visually impaired, blind or deafblind.

Henry Prize for Social Impact ($50,000)

The John W. Henry Family Foundation will provide additional grants to support the startup or startups in the 2013 MassChallenge accelerator with the most compelling social impact potential.

Microsoft Prize for Civic Engagement & Leadership ($50,000)

Microsoft’s New England Research & Development Center is supporting a $50,000 prize for the startup or startups that solve civic challenges through technology.

Additional Funding

MassChallenge has access to some of the world's most active and successful investors, and actively connects finalists to Angel investors, Venture Capitalists and strategic investors throughout the summer. More 30 venture firms and dozens of Angel investors participate in the program.
 
MassChallenge startups have raised more than $550 million in outside funding from top investors.
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In-Kind Support

MassChallenge is designed to provide entreprenuers with access to all the resources they need to succeed. MassChallenge partners provide startups with a massive range of in-kind deals, collectively valued at over $10 million.
 
These deals include legal advice, marketing & media support, talent & hiring partners, and special deals in software, hosting, manufacturing, airfare, shipping and much more.
 
Some in-kind deals come from these companies and organizations:

Acquia, Altium, American Airlines, Amazon Web Services, Analogue Studio, Autodesk, CBRE New England, Collective Next, Comcast, Constant Contact, Duane Morris LLP, EMC, Fish & Richardson P.C., Foley & Lardner LLP, Foley Hoag LLP, Goodwin Procter, Grasshopper, HubSpot, Hubway, Lightspeed, Microsoft, MITX, PaloAlto Software, Relationship Science, Shift Communications, Startup Institute, The Capital Network, UPS, Zipcar.

 

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