MassChallenge has been an incredible experience for ViralGains in 2013. I wrote this story while on an airplane coming back from Silicon Valley. I do admit that California is positively a great place for technology. I believe since its 2010 inception, MassChallenge has helped Boston (and the world at large) roar back as a hotbed of innovation.
The program has provided an arena for people to thrive. In four months at the program, ViralGains tacked on over $350,000 of bookings, $450,000 of investment, and added marquee customers like State Farm, Lexus, and Nestle. Were grateful to have signed on customers and investors through the program. The concise mission to catalyze a startup renaissance helps steer the success of the program. Our success with the program is attributed to being at the MassChallenge headquarters, soaking in the energy, advice from mentors, support from sponsors, and the staffs unwavering support of the mission. There is an abundance of resources at MassChallenge and at first it can feel like drinking from an industrial size fire hose. Companies are somehow trying to balance the value created from the program with the work they have to do within their company. If a company knows where they are, they should be able to pick and choose whats going to be most beneficial to their future.
MassChallenge is helping the big picture by identifying high impact startups and fueling innovation in Boston and ultimately on a global level. The program provides free access to office space, resources, support, mentorship, non-dilutive capital, a network, and much more.
My review of the program is glaringly positive and I encourage emerging companies to apply. I think the program is constantly strengthening its brand name in Bostons innovation economy.
MassChallenge companies have raised $360+ million of funding, generated $95+ million of revenue and created 2,000+ jobs. Given the strength of MassChallenges Class of 2013, I expect these numbers to increase dramatically.