The complete list of finalists can be found here.
We launched the program in Mexico City in May and our expectations were very high. Were thrilled to find very promising startups that surpassed even our expectations, said Camila Lecaros, Managing Director, MassChallenge Mexico. We received 403 applications from across industries and through a rigorous and objective process, our judges, who are innovation leaders and top industry experts from the global network from MassChallenge, have chosen the 29 highest impact startups from across LATAM.
MassChallenge opened their fifth office in Mexico because of the strength and enthusiasm of the innovation ecosystem, plus the potential of its creative spirit to further contribute to the existing global network of MassChallenge entrepreneurs and also to give opportunities for all the high-impact entrepreneurs who are constantly innovating and creating a large number of jobs in LATAM.
Proof of this are the 29 selected startups:
- 3 percent are in Energy/Clean tech
- 48 percent are in High Tech
- 14 percent are Healthcare and Life sciences
- 17 percent are Social Impact
- 18 percent in other industries
As part of the four month program, the finalists will have access to a free coworking space in one of the most beautiful and active neighbourhoods in the heart of Mexico City, mentorship, and the opportunity to win a share of $100,000 USD. They also have access to the global network of accelerators and experts across industries and geographies during the program and beyond.
Theres a universal need and responsibility to help early-stage startups across all industries and backgrounds succeed as they set out to solve some of societys biggest problems, said John Harthorne, MassChallenge Founder and CEO. Communities that focus on creating an environment thats open, collaborative, and supportive will drive more value, opportunities, and wealth as a result. Were proud to continue advocating for this movement and fueling innovation around the world as part of our global accelerator.
MassChallenge Mexico partners include Instituto Nacional del Emprendedor, la Secretar de Desarrollo Econico CDMX, el Fondo para el Desarrollo Social CDMX, Promotora Social Mico, Greenberg Traurig, Aeromexico y Gentera.
MassChallenge is the most startup-friendly accelerator on the planet. No equity and not-for- profit, we are obsessed with helping entrepreneurs across any industry. We also reward the highest-impact startups through a competition to win a portion of several million dollars in equity-free cash awards. Through our global network of accelerators in Boston, the UK, Israel, Switzerland, and Mexico, and unrivaled access to our corporate partners, we can have a massive impact - driving growth and creating value the world over. To date, 835 MassChallenge alumni have raised over $1.4 billion, generated over $575 million in revenue, and created over 50,000 jobs. For more information, please visit masschallenge.org.