2012 Competition Timeline

 

MassChallenge Activities

Entrant Activities

Jan -
March 1

Promoting MassChallenge

  • Run MassChallenge Info Sessions and UnTapped events
March 1 - Apr 11  

Applications Open

  • Accepting applications for 2012 accelerator program and competition
  • Holding Info Sessions and MassChallenge UnTapped events at various locations
  • Apply to MassChallenge!
  • Attend MassChallenge Info Sessions and UnTapped events
Apr 13 -
May 2

First Round Judging

  • MassChallenge continues running events
  • Top investors, lawyers and entrepreneurs judge entries
  • Multiple judges read every plan, and provide ratings and written feedback
  • MassChallenge invites 300 highest potential teams for round 2 interviews and semifinalists
  • Attend events
  • Prepare pitch deck for 2nd round judging
May 9-17

Second Round Judging

  • Judges rate each pitch and provide oral and written feedback
  • MassChallenge invites ~125 highest potential teams to accelerator stage as finalists
  • Present in-person pitches to 3-5 person judging panels

    • 10 min pitch
    • 10 min Q+A
    • 10 min transition
June 25 -
Sept 30

Accelerator Stage

  • Major goal:

    • Connect finalists to key missing resources:

      • mentors
      • team members
      • knowledge
      • publicity
      • sources of funding
  • MassChallenge runs targeted events

    • Workshops by experts
    • Networking events with key stakeholders
    • Social activitites  
  • MassChallenge mentors and team act as concierge helping connect finalists with resources to launch and succeed
  • Each team paired with mentors based on preferences and fit
  • Each team paired with law firm for free advice
  • Each team granted free office space
  • Teams work with mentors to

    • Define goals and milestones
    • Connect with other resources
    • Execute toward goals
    • Prepare for final pitches
Oct 1-12

Final Judging

  • 5-6 Superangel-led judging panels review all remaining finalists to allocate grants
  • MassChallenge facilitates pitches to other key resources

    • Potential executives or team members
    • Funding sources

      • Foundations
      • Quasi/Gov groups
      • Angels + VCs
    • Potential customers
  • Prepare and deliver in-person pitch to judging panel
Week of
Oct 22

Awards Ceremony

  • Celebrate MassChallenge process and team accomplishments
  • Announce MassChallenge grants and awards
  • Attend final ceremony and celebrate
  • Remain engaged as alumni