MassChallenge also announced the launch of MassChallenge Mexico, its fifth accelerator program globally, which will be located in Mexico City. Camila Lecaros has been appointed as the new Managing Director for MassChallenge Mexico. Applications will open for MassChallenge Mexico May 19th.
This is our seventh accelerator cycle here in Boston and were excited to recruit another incredible group of high-impact startups, said MassChallenge Boston Managing Director, Scott Bailey. Were also proud to see the growing MassChallenge network, with locations in five countries on three continents helping startups on a massive scale.
Mexico and Latin America have so much entrepreneurial talent and energy. MassChallenge Mexico will add depth and variety to our global network of accelerators and our growing pool of startups, said MassChallenge Founder and CEO John Harthorne. Its amazing for me to see what was once a small startup itself grow with so much speed to be able to support startups truly on a global scale.
To help guide MassChallenge in its expansion, Diane Hessan, CEO of Startup Institute, has been appointed to the MassChallenge Global Board of Directors.
All MassChallenge accelerator programs connect the worlds most promising startups with the right resources in order to drive growth, create value, and improve the world. Entrepreneurs receive mentorship, office space, education, access to a vast network, and other resources during three to four months of acceleration. At the conclusion of the programs, MassChallenge provides over $3m in no-equity, non-dilutive cash grants to the startups demonstrating the highest impact and highest potential.
In 2015, MassChallenge received over 2,250 applications globally from over 60 countries. With the addition of three new programs for 2016, the number of applications is expected to increase significantly. Applications are open until March 31, 2016. The early bird deadline is March 2, 2016. All early stage startups from all industries are eligible to apply for MassChallenge Boston, Israel, and Switzerland. Apply at www.masschallenge.org/apply.
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, London, Jerusalem, Geneva, and Mexico City, 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 and created over 8,500 jobs. For more information, please visit masschallenge.org.
Top MassChallenge Boston partners include: Fidelity Investments, Verizon, the Ewing Marion Kauffman Foundation, Microsoft, Bose, IBM, CASIS, the Commonwealth of Massachusetts, The Deshpande Foundation, Jamestown, The Boston Foundation, Combined Jewish Philanthropies of Greater Boston, Bler, American Airlines, Boehringer Ingelheim, EMC2, Henkel, Sunovion Pharmaceuticals, iNNpulsa Colombia, Zapopan, Pfizer, John Hancock, PepsiCo, CVS Health, Analog Devices, AutoDesk, Cisco Entrepreneurs in Residence, Smith & Nephew, and Honda.
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