MassChallenge

{{Infobox organization

| logo = File:MassChallenge Logo.jpg

| formation = 2009

| type = 501(c)(3)

| headquarters = Boston, Massachusetts

| name = MassChallenge

| image =

| caption =

| location = Massachusetts, Israel, Mexico, Rhode Island, Switzerland, Texas

| website = {{URL|https://masschallenge.org/}}

}}

MassChallenge is a global, zero-equity startup accelerator, founded in Boston, Massachusetts, in 2009.{{cn|date=May 2022}}

MassChallenge is headquartered in Boston's Seaport District in the MassMutual Building, and has additional U.S. locations in Texas, as well international locations in Israel and Switzerland.{{cite web|url=https://masschallenge.org/media/masschallenge-opens-new-home-innovation|title=MassChallenge Opens New Home for Innovation|last1=Delaney|first1=Erin|website=MassChallenge.org|publisher=MassChallenge|accessdate=17 June 2014}}

History

MassChallenge co-founders John Harthorne and Akhil Nigam were working as strategy consultants at Bain & Company during the 2008 financial crisis when they developed MassChallenge.{{Cite web|url=https://techcrunch.com/2016/01/21/masschallenges-john-harthorne-explains-how-startups-can-fix-the-world/|title=MassChallenge's John Harthorne Explains How Startups Can Fix The World|website=TechCrunch|date=21 January 2016 |language=en-US|access-date=2019-02-14}} MassChallenge secured early support from successful entrepreneurs like Desh Deshpande and Joe Fallon, the public sector including Thomas Menino the then-Mayor of Boston and the Commonwealth of Massachusetts, and large organizations like The Blackstone Charitable Foundation and Microsoft.{{cite news|url=https://www.forbes.com/sites/jjcolao/2012/03/13/masschallenge/|title=MassChallenge: A Colossal Startup Accelerator That's 100% Free|last=Colao|first=JJ|date=13 March 2012|work=Forbes}}

During its first Boston-based cohort in 2010, MassChallenge accelerated 111 startups.{{cite news|url=http://www.boston.com/business/technology/innoeco/2011/05/masschallenge_start-up_competi_1.html|title=MassChallenge start-up competition picks 125 finalists for 2011|last=Kirsner|first=Scott|date=24 May 2011|accessdate=12 November 2012|publisher=Boston.com}}

Notable alumni

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  • JoyTunes, a music app producer{{cite web|last=Empson|first=Rip|title=JoyTunes Wants To Teach You To Play Real Instruments With Interactive Video Games|date=13 June 2012 |url=https://techcrunch.com/2012/06/12/joytunes-instrument-gaming/|publisher=TechCrunch|accessdate=12 November 2012}}
  • Drync, a wine mobile app for iOS platforms{{cite web|title=Drync|url=http://masschallenge.org/startups/2011/profile/drync-llc|website=MassChallenge.org|accessdate=18 June 2014}}
  • Her Campus, an online newsmagazine for college women{{cite news|last=Alspach|first=Kyle|title=Her Campus Media gets trademark for term 'collegiette'|url=http://www.bizjournals.com/boston/blog/startups/2012/02/her-campus-media-gets-trademark-for.html|publisher=Boston Business Journal|accessdate=12 November 2012}}
  • Global Research Innovation & Technology, manufacturer of the Leveraged Freedom Chair{{cite web|title=GRIT|url=http://masschallenge.org/startups/2012/profile/global-research-innovation-technology-grit|website=MassChallenge.org|accessdate=18 June 2014}}
  • LiquiGlide, a plant-based liquid-impregnated surface coating
  • RallyPoint, a professional network for US military members{{cite web|title=Rallypoint|url=http://masschallenge.org/startups/2012/profile/rallypoint|website=MassChallenge.org|accessdate=18 June 2014}}
  • Ministry of Supply, a business wear men's fashion brand{{cite news|last=Alspach|first=Kyle|title=Ministry of Supply breaks Kickstarter fashion record with $300K+ raised|url=http://www.bizjournals.com/boston/blog/startups/2012/07/ministry-of-supply-breaks-kickstarter.html|publisher=Boston Business Journal|accessdate=12 November 2012}}
  • Moneythink, a non-profit organization that places college volunteers in high school classrooms to teach courses in financial literacy and entrepreneurship{{cite web|title=Moneythink|url=http://masschallenge.org/startups/2013/profile/moneythink|website=MassChallenge.org|accessdate=2014-06-18}}

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References

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