The MassChallenge Awards Ceremony is an annual celebration of entrepreneurship and the greater startup ecosystem.
Each year, the top 26 MassChallenge Finalists deliver one-minute pitches to 1,200 business & community leaders, before over $1 million in cash prizes are awarded LIVE! Join us October 30, 2013!
MassChallenge Accelerator Prizes ($1,000,000)
In addition to the mentorship, community, education and training, all MassChallenge Finalists have access to over $10M of in-kind deals and support and compete for over $1M in cash grants. All support and grants are provided with no strings attached – MassChallenge takes no equity from any of its companies and places no restrictions on any of the entrepreneurs.
Several rounds of judging determine cash winners. MassChallenge judges award a total of $1M in grants to 10-20 winners in amounts of either $100K or $50K - see below for 2012 winners.
MassChallenge Sidecar Prizes ($125,000)
In addition to the $1 million in cash prizes, sponsors award additional grants in the form of Sidecar Prizes. In 2013 sponsors are offering a total of $125,000 in additional grants to the highest-potential startups that meet the criteria below.
CASIS Prize for Technology in Space ($100,000):
The Center for the Advancement of Science in Space (CASIS) will provide an additional $100,000 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.
John W. Henry Prize for Social Impact:
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.
Perkins School for the Blind will offer an additional $25,000 of grants via the Perkins Assistive Technology Prize to encourage participants in MassChallenge to develop new, low- and high-technology devices that could make a significant impact on the quality of life for people with disabilities. Click here for Perkins' helpful tips on website accessibillity.
Sidecar Prize Notes:
- Winners are determined by the organization providing the prize.
- During the accelerator, MassChallenge will help coordinate opportunities for startups to connect and engage with each organization.
2012 MassChallenge Winners
In 2012 MassChallenge awarded $1 million to 16 startups. Click here to see the 2012 MassChallenge Winners.