Our approach>Model

It’s business unusual at MassChallenge

We are a no-equity accelerator. Our accelerators run for 3-4 months, depending on location. The startups participating receive free office space, intensive training, world-class mentoring, access to in-kind benefits from partners, specialized equipment, and much more. They also compete for a share of more than $3M in equity-free prizes globally.

And the model works. Participating in MassChallenge more than doubles a startup's likelihood of raising significant funding and reaching 15 employees (source: MIT study).

 

Sale is the name of the game

We want to change the world. We can’t do it with just 10 startups at a time, we need to do it by the 100s … and ultimately by the 1,000s. In 2016 alone, we accelerated 372 startups globally, bringing the total number of startups we’ve accelerated to more than 1,211.

Demo PhotoOur scale creates efficiencies and enables network effects, meaning we can provide our startups with more resources and greater access to markets and expertise – from office space, to expert mentors, specialized workshops, and access to our global corporate partners and influencers (it is no coincidence that 80% of MassChallenge startups are still active after the accelerator, turning the industry average on its head).

[pre-award copy] We’re currently in the middle of our 2016 program, so prizes for this year haven’t been awarded yet. However, you can still check out our 2016 Finalists [link: /mcstartups].

[post-award] Check out our 2016 award-winners [link: /mcstartups].

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