IMPACT REPORT 2015

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MassChallenge is the most startup-friendly accelerator on the planet. No equity and not-for-profit, we are obsessed with helping entrepreneurs across all industries.

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LETTER FROM THE CEO 4

PROGRAM HIGHLIGHTS 6

ALUMNI IMPACT 11

COMMUNITY & MENTORSHIP 17

CELEBRATING OUR PARTNERS 21

GLOBAL EXPANSION 30

GLOBAL ECOSYSTEM BUILDING 31

VISION FOR THE FUTURE 34

Contents

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Letter from the CEO JOHN HARTHORNEDear friends,

The past year has been one of great change and transformation for

MassChallenge, as we have matured into a truly global organization.In 2015,

we launched our first accelerator outside the US: MassChallenge UK, which

supported 90 high-impact startups in London. Our team has grown to over fifty

employees globally, we recruited high-quality talent into our executive team, we

accelerated 218 startups, we held seven Bridge Programs in six countries, and

we worked with over 100 sponsors. These positive indicators will only continue

in 2016, as MassChallenge is poised to more than double in size again, with three

new accelerator programs launching on three continents.

Our startups have already made a great impact. Our growing international

alumni pool of 835 startups have now raised over $1.1 billion in outside funding,

an achievement which puts us firmly at the top of the pack globally among

accelerators. Our alumni have also created over 6,500 high-paying, quality

jobs and 32,500 indirect support jobs that add to their communities and the

global economy. These are truly impressive achievements that validate progress

towards our greater goals of creating jobs and building strong entrepreneurial

ecosystems around the world.

Our impressive alumni had some great wins in 2015: ViralGains (Boston 2013)

raised $7.7 million in their Series A, Bounce Imaging (Boston 2012) won Verizon’s

Powerful Answers competition, receiving $1 million, and Handy (Boston 2012)

raised $50 million, making them leaders in their industry of home cleaning

services and bringing their fundraising total to an impressive $111 million.

Additionally, Turo (Boston 2010) raised $47 million and Localytics (Boston

2010) raised $35 million.

Meantime, we have been busy preparing for our new programs in Israel and

Switzerland as well as taking the next steps toward a launch in Mexico. Our

program in Jerusalem will host the highest-impact startups in Israel and the

region. MassChallenge Switzerland launched in 2016, in an especially attractive

ecosystem for its biotechnology, small business innovation, and large industry

links. We are also preparing for a launch in Mexico City, where we have been

impressed by the talent and high caliber startups, including Estrenon, a 2015

Boston Diamond Winner.

In 2015 we expanded closer to “home” as well, launching MADE@

MassChallenge, a prototyping space designed specifically for hardware

startups, based adjacent to our Boston accelerator. MADE@MassChallenge

supported over 30 startups in 2015 and demand is strong among our new

applicants. We also announced a partnership with the City of Newton and

the Cambridge Innovation Center to develop an innovation space in Newton,

Massachusetts, to foster entrepreneurial growth in local markets.

We couldn’t do any of this without the generous support from our partners and

sponsors, and of course, our incredible startups. Thank you for being on the

journey with us so far. We are just getting started so hang on tight!

Sincerely,

John Harthorne

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“The single most valuable resource at MassChallenge is the “YES!” culture cultivated by the staff, mentors, and affiliates, which helps breathe life into the ideas that we bring with us through the door.”

Hitesh TolaniCEO, VirtudentMC Boston 2015

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Program Highlights BOSTON AND UK

88EVENTS HOSTED

153CURRICULUM WORKSHOPS

10K+EVENT ATTENDEES

$1.65MBOSTON EQUITY-FREE CASH AWARDS

£500KUK EQUITY-FREE CASH AWARDS

In 2015, we ran an international accelerator program in London for the

first time alongside our sixth cohort in Boston. In London, 90 startups

from a huge variety of industries and 12 countries, participated in a

successful first year, and we awarded 14 startups from the UK cohort a

share of £500,000 in equity free grants. In Boston we had 128 teams from

15 countries and awarded $1.5 million in grants to what is possibly our

most successful and talented class of entrepreneurs yet in Boston. Twelve

Israeli teams total went to Boston and London for acceleration. The 218

startups we accelerated this year collectively raised $41.6 million and

generated $25.1 million in revenue during the program.

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“MassChallenge is a super high dose of concentrated resources for a budding entrepreneurial venture.”

Nicole GilmoreCOO, SavannaMC Boston 2015

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MADE@MASSCHALLENGE

The launch of the MADE@MassChallenge hardware and prototyping

lab resulted in MassChallenge receiving 65% more hardware-focused

startup applications for the 2015 class. Eight of the 16 cash-award

winners this year made good use of MADE@, and they collectively

won $1 million in no-strings-attached prizes on stage at our

1,700-attendee Awards Ceremony in Boston.

IN THE SPOTLIGHT

MassChallenge found itself in the spotlight on big stages around the

world. Our startups, staff and supporters rang the bell at both the

New York and London Stock Exchanges.

65%MORE HARDWARE APPLICANTS

8/16WINNING STARTUPS USED MADE@MASSCHALLENGE

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“Genuinely shocked how quickly Masschallenge introduced me to important customers or potential customer influencers.”

David MillsCEO, Weather Safe Ltd MC UK 2015

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INCLUSIVE ENTREPRENEURSHIP

Impact knows no bias. And MassChallenge is working hard to

eliminate inequality. Within the startup community we have

consistently supported higher-than-average rates of female

entrepreneurs since we ran our first program in 2010. Since 2012,

36% of all MassChallenge startups have had at least one female

founder, which is significantly higher than the 18% average for

the typical accelerator program. We are proud that 2015 was

a record year for diversity at MassChallenge with 39% of 2015

MassChallenge startups having at least one female founder

globally. The Women in MassChallenge program has flourished

since its founding in 2013, hosting regular meetings and annual

events at the Boston and UK accelerators.

Additionally, 10% of MassChallenge Boston startups had at least

one African American founder, 24% had an Asian founder, and 13%

had a Latino founder. We are committed to collaborating closely

with the community to foster an increasingly inclusive startup

ecosystem.

As part of a $450,000 grant announced in June 2014, The Boston

Foundation and MassChallenge collaborated on a Bridge Program

to support entrepreneurs in under-resourced communities in

Massachusetts, such as Roxbury, Mattapan, and Dorchester.

MassChallenge is focused on fair and unbiased evaluation that

welcomes diversity and levels the playing field. We are committed

to leading the way in this area.

36%FEMALE FOUNDERS SINCE 2012

39%FEMALE FOUNDERS IN 2015 COHORTS

44%FEMALE FOUNDERS IN 2015 BOSTON COHORT

10%AFRICAN AMERICAN FOUNDERS

24%ASIAN FOUNDERS

13%LATINO FOUNDERS

The latest reports from TechCrunch

and Crunchbase estimate that 18%

of startups overall have at least one

female founder.

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ECONOMIC IMPACT

The types of jobs being created by MassChallenge and

the startups we support are high quality and have a

disproportionately more positive impact on economic

growth than other types of jobs. A recent study by

Enrico Moretti at UC Berkeley shows that the high-tech,

high-paying jobs created by startup companies have a

multiplier effect on the local economy: for every one job

created by a startup, five additional jobs are created in

the local service economy.

This means that MassChallenge has directly generated

6,500 jobs and indirectly contributed to the creation

of approximately 32,500 jobs — on the same overall

spend. This represents a total cost of less than $600 per

job, including less than $60 of public sector spend per

job created.

Alumni IMPACT

835STARTUPS

ACCELERATED

82.8%STARTUPS STILL ACTIVE

35COMPANIES ACQUIRED

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$520M+

$1.1B+

6,500+

32KINDIRECT JOBS CREATED

$3,277COST PER DIRECT JOB, WITH $20M SPENDING

~$60PUBLIC FUNDING PER JOB

FUNDING RAISED

REVENUE GENERATED

JOBS CREATED

Participating in MassChallenge MORE

THAN DOUBLES a startup's likelihood

of raising SIGNIFICANT FUNDING and

reaching 15 EMPLOYEES, according to

a recent MIT study.

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“MassChallenge provided an

incredibly compelling entry-point

into Boston’s innovation ecosystem.

I am so thankful to all of the staff

and mentors at MassChallenge for

skyrocketing our growth. In just one

year after the accelerator program,

ArtLifting has helped five formerly

homeless artists gain housing. We

have even closed deals with two

Fortune 500 companies, Staples

and Microsoft.”

ALUMNI SPOTLIGHT

Liz PowersCEO at ArtLiftingMC Boston 2014

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“MassChallenge helped Reactor

connect with a lead for our seed

financing round and establish a

relationship with Mullen Lowe,

which allowed us to gain a foothold

with key contacts in national

advertising agencies.”

ALUMNI SPOTLIGHT

Mike RaybmanFounder at Reactor MediaMC Boston 2012

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“The MassChallenge mentor network is very rich. it connects startups with experienced mentors in any field you can imagine.”

Alejandro MendezCTO, uSoundMC Boston 2015

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Community & MENTORSHIP

MENTORSHIP PROGRAM

At MassChallenge, our mentors ask the tough questions, provide

guidance and share their experiences and contacts to help our

startups get to the next level. Our world-class mentors come

from a variety of disciplines and include seasoned entrepreneurs,

investors, philanthropists, lawyers, and senior executives from

corporations with deep domain expertise.

In addition to our formal Mentorship Program, we offer informal

office hours where our startups can learn from these experts who

give generously of their time.

EXPERT JUDGES

Many of our mentors also serve as judges, helping MassChallenge select

the highest impact startups for our 2015 programs. We are proud to have

had among our 2015 judges:

780JUDGES & MENTORS

1,952OFFICE HOURS HELD

Josh BogerFounder of Vertex Pharmaceuticals

Desh Deshpande Founder of the Deshpande Foundation

Sandra FenwickPresident and CEO of Boston Children’s Hospital

Henry Lane FoxCEO and Co-founder of FoundersForum

Bill MorrowCo-founder and Director of Angels Den

Steve PerryFounder and Co-Creator of Visa Europe Collab

Jeremy BassettDirector of the Unilever Foundry

Nadia CrandallCo-Chair of Harvard Business School Angels of London

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Stuart Hillston, CEO of ConCap

MCUK Mentor 2015

“It has been a great pleasure for

me to work with such a diverse

range of ambitious startups and

mentor on what has been for me

the best accelerator out of the 15

that I have supported!”

Bill Cogan, Partner, Ignition Law

MCUK Mentor 2015

“MassChallenge delivered a

fantastic programme in 2015 –

the team in London have taken

up the mission of MassChallenge

with relish and created a fantastic

environment for startups to grow

and accelerate their ambitions.

The pace at which the startups

we worked with have developed

is incredible and their continuing

success and growth is a credit

to MassChallenge’s vision and

execution. Great people doing

great things!”

73%

GLOBAL NPS

Once again, our HIGH-PERFORMING

NPS SCORE OF 73% globally places

MassChallenge among the highest-

rated brands in the world in terms

of customer satisfaction, ahead of

brands such as Apple.

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“The mentors were an unparalleled resource and the group of mentors to choose from truly fast tracked Barakat Bundle’s progress during the course of the accelerator program.”

Karima Ladhani CEO Barakat BundleMC Boston 2015

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Neheet Trivedi, CEO,

Real Food Solutions

MC Boston 2015

“My mentors have been

wonderful, and I’m very grateful

to have them on my team. I’ve

found their input very helpful.

This has been one of the

biggest benefits of being in the

program...”

Thomas Baran, CEO, Lumii

MC Boston 2015 Gold Winner

“We were incredibly happy with

our mentor team. They brought

a fantastic range of diverse

outlooks to the table, which

have impacted the growth and

trajectory of the company in a

variety of key ways.”

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Celebrating OUR PARTNERS

PARTNERSHIP HIGHLIGHTS

If entrepreneurs are the lifeblood of MassChallenge, partners are

the pump that powers our initiatives. It is through their generous

support that we were able to help 218 startups in 2015 to

address some of the most important challenges facing the world

– from clean energy to infant mortality. This year, we teamed

with partners to award $150k in pre-program scholarships. We

attracted 43 new partners who, along with returning partners,

helped fund the programs and over $2m in equity free cash

awards. MassChallenge proudly won a $500,000 Ewing Marion

Kaufman Foundation grant to support entrepreneurial growth,

and also worked with CASIS to award an additional $500k to two

startups to support research in the International Space Station.

MassChallenge also got even more creative about the value we

were able to deliver by launching groundbreaking programs like

our new product engagement sessions with Pepsi and Fidelity

Investment’s ‘Board for a Day’ session.

SIGNIFICANT SCHOLARSHIPS

In 2015, MassChallenge teamed up with Autodesk, Cydan

Development, the John W. Henry Family Foundation,

Massachusetts Clean Energy Center, and Microsoft to launch

a $150,000 scholarships program designed to provide small,

foundational capital injections into 24 incoming Boston finalists to

fund travel, rent, food, and pilots. The organizations providing the

small grants were able to select the applicants from a deep pool

of startups according to their areas of interest. The select startups

and sponsoring organizations were connected before the program

got underway, developed close relationships during the program,

and some evolved into partnerships. The positive impact of these

pre-program scholarships was tangible, and we hope to attract

more of them in 2016.

$150KSCHOLARSHIP PROGRAM

$500KCASIS AWARD

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100+GLOBAL PARTNERS

GRANTS FOR GROWTH

After a rigorous review process, the Ewing Marion Kauffman

Foundation selected MassChallenge as one of eight non-profit

organizations to receive a grant to expand impact to more

entrepreneurs across the country. In addition, MassChallenge will

share its findings to help the Kauffman Foundation gain a better

understanding of what makes highly successful programs and

initiatives like MassChallenge so effective.

GENEROUS IN-KIND SPONSORS

We were so grateful to have the in-kind support of PR agency Red

Lorry Yellow Lorry in the UK. We are also fortunate to have our Boston

office furniture donated by Turnstone and CORT, companies that aspire

to help entrepreneurs leverage their culture and space to accelerate

business results. We are looking forward to continue to develop our

new spaces with CORT, Turnstone, and the Steelcase group.

David Page, Co-Creator & Innovation

Partner at Visa Europe Collab

“Congratulations on such a successful

awards ceremony - the atmosphere

is incredible and startups have each

conveyed to me how much value

they’re getting from MassChallenge,

which is really great to hear.”

43NEW PARTNERS IN 2015

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CREATIVE PARTNERING:

Bringing the entrepreneurial mindset into large corporates is

a pervasive challenge and mandatory for success in today’s

competitive environment. In 2015, we continued to get creative

with our partners to help them innovate. A few examples follow:

PEPSICO

Boston – 2015 Platinum Partner

We worked with PepsiCo North America to create a first-of-its-

kind startup product engagement session, enabling them to test

new products with female entrepreneurs. This unique engagement

enabled Pepsi to think about new product ideas in a completely

different way thanks to the entrepreneurs’ openness and lateral

thinking.

FIDELITY INVESTMENTS

Boston – 2015 Diamond Partner

In a day of meaningful collaboration and ideation with

MassChallenge startups (Apitite, Artaic, Estrenon, Luminova,

and Cake), Fidelity Investments Digital Executive team members

served as a mock board of directors for each company.

Participating startups raved that it was one of the most valuable

programs they attended, and Fidelity’s employees learned to think

more creatively, enhance their problem-solving skill set, and work

as a team with their colleagues.

GCHQ

UK - 2015 Gold Sponsor

In 2015, we supported the British Government’s security and intelligence

agency in developing successful innovation initiatives to promote

entrepreneurship and help overcome the many innovation-related challenges

many large governmental organizations face. We are currently working with

GCHQ to build on this partnership in 2016 and beyond.

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THE JPMORGAN CHASE FOUNDATION (UK - Platinum Partner):

The JPMC Foundation has partnered with MassChallenge UK with the

key objective of supporting job creation and stimulating economy in

East London.

JERUSALEM DEVELOPMENT AUTHORITY (IL - Founding Diamond

Partner): In an impactful government-led partnership, we are working

closely with the City of Jerusalem to bring MassChallenge to Jerusalem

in 2016.

JOHN HANCOCK (Boston - Diamond Partner): We are helping this

leading insurance and financial services company build close ties with

Boston’s entrepreneurial economy and strengthen the launch of the

Lab of Forward Thinking (LOFT), an internal lab focused on generating

innovative business solutions in financial technology.

CVS HEALTH (Boston - Platinum Partner): Seeking to innovate more

quickly and expand areas of focus for connected health solutions, CVS

partnered with MassChallenge on the heels of the opening of its Digital

Innovation Lab in June 2015. This new collaboration demonstrates

CVS Health’s commitment to driving rapid and impactful innovation in

digital health solutions.

HONDA (Boston - Platinum Partner): Honda’s Silicon Valley Lab

partnered with MassChallenge to increase its scouting network for

new vehicle technologies on the east coast and tap into our innovation

ecosystem for partnership, investment, and sharing best practices.

CISCO (Boston - Platinum Partner): We teamed up with Cisco

Entrepreneurs in Residence (CiscoEIR) to create a joint incubation

program combining the global reach and support of Cisco with the

successful accelerator model of MassChallenge. CiscoEIR will help

recognize and support early-stage entrepreneurs in Boston focusing on

IoT and other transformational opportunities strategic to Cisco.

NOTABLE NEW PARTNERS:

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MassChallenge Sponsors

CASIS

Bühler

Commonwealth of Massachusetts

Deshpande Foundation

Fidelity Investments

Jamestown

John Hancock

Richard and Susan Smith Family Foundation

The Boston Foundation

The Ewing Marion Kauffman Foundation

Verizon

BOSTON DIAMOND

American Airlines

Analog Devices

Autodesk

Boehringer Ingelheim

Bose Corporation

Cisco Entrepreneurs in Residence

Combiined Jewish Philanthropies

CVS Health

Henkel

Honda SVL

IBM

Jabil

MassDevelopment

Microsoft

Pfizer

Smith & Nephew

SoftLayer

Sunovion Pharmaceuticals

Turnstone

WGBH

BOSTON PLATINUMBOSTON GOLD

AIG

Altus Dental

Arrow Electronics

Cydan Development

EMC

Foley & Lardner LLP

General Mills

Haute Ecole de Gestion Fribourg

John W. Henry Family Foundation

Joshua Boger

Liberty Mutual

Lightspeed Manufacturing

Massachusetts Clean Energy Center

Mitsubishi Electric

PCCW Global

PepsiCo

Robert Bosch Venture Capital

Sanofi

State Farm

Wells Fargo

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Aetna

Babson College

Boston University

Brandeis International Business School

Duane Morris LLP

First Republic Bank

Foley Hoag LLP

Goodwin Procter LLP

Hult International Business School

MetroHartford Alliance

BOSTON SILVERMorgan Lewis & Bockius LLP

Nutter McClennen & Fish LLP

Panasonic

UMass, Berthiaume Center for Entrepreneurship

UPS

Wheaton College

Worcester Polytechnic Institute

BOSTON IN-KINDAcquia

Aerohive Networks

Amazon Web Services

American Airlines

Analogue Studio

Applause

Cambridge Sound Management

CAPINC

CollectiveNext

Comcast Business

Constant Contact

Continuum

CORT

Dragon Innovation

Google Cloud Platform

IBM Bluemix

IdeaPaint

Instron

MathWorks

Mellanox

Microsoft Bizspark

Palo Alto Software

Relationship Science

Shift Communications

Turnstone

UPS

WeWork

Zipcar

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UK IN-KINDAmazon Web Services

Angels Den

Cafe Pod

Crowdcube

Fried Frank Technology

IBM Bluemix

Included.co

Mailjet

Rackspace Red

Lorry Yellow Lorry

Taylor Wessing

Tech City UK

The Big Partnership

The Collective

The Landing

The Manchester Growth Company

Tobacco Dock

UK Business Angels Association

ZipCar

UK SPONSORSDigital Catapult

EMC2

GCHQ

Hult International Business School

JPMorgan Chase Foundation

NatWest

Satellite Application Catapult

Unilever

ViiV

Visa Europe Collab

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NEW PROGRAM SPONSORS:

MEXICO SPONSORSAeromexico

Gentera

Instituto Nacional del Emprendedor (INADEM)

Promotora Social Mexico

The Government of Mexico City

SWISS SPONSORSBühler

Inartis Foundation

Nestlé

Swiss Economic Forum

ISRAEL SPONSORS

PLATINUM:

Ministry of Jerusalem

Ministry of Economy

Jerusalem Development Authority

GOLD:

CJP

EMC

SILVER:

Kraft Group

HFN

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3030

Global EXPANSION

MassChallenge is deeply committed to supporting entrepreneurs

around the world. Based on our track record of success from 2010-

2015, and in response to overwhelming international demand, we

made a pledge to launch 10 more MassChallenge programs in 10

cities around the world by 2020.

We are already tracking ahead of schedule. In 2016, we will launch

three new accelerators — based in Israel, Mexico, and Switzerland

— to augment our existing accelerator programs in Boston and

the UK. By linking the world’s most promising and productive

entrepreneurial ecosystems through our global accelerator network,

we will provide a platform to enable the world’s highest-impact

startups to gain access to the critical resources they need to

succeed. We are helping to ensure that every high-potential startup

can access global resources, talent, and markets — from day one.

UK US Israel Switzerland Mexico Next...

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MASSCHALLENGE STARTUPS COME FROM AROUND THE WORLD:

In 2015, MassChallenge received 2,250 applications from startups hailing

from 67 countries. Over 1,600 startups applied to the Boston program,

including about 150 via MassChallenge Israel. Over 800 startups applied

to MassChallenge UK in the program's first year in London. About 50

percent of the 2015 applicants are international and 50 percent are

headquartered in the US. Many startups applied to both programs.

2,250TOTAL APPLICANTS IN 2015

67COUNTRIES REPRESENTEDIN APPLICANT POOL

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Global Ecosystem BUILDING

In 2015, our desire to bring entrepreneurship to new regions

around the world was stronger than ever. Our Bridge Program is a

fundamentally important pillar of our strategy, enabling us to build

alliances with partners around the world in order to strengthen

innovation-driven economic development and empower startups

by sharing the MassChallenge model. Since 2012, we have formed

Bridge Program partnerships with public and private sector

entities in Colombia, France, Korea, Mexico, Morocco, Russia,

Spain, and Switzerland, with plans to expand the program further

in coming years. Through our Bridge Program, we conducted

ecosystem mapping projects, startup competitions, and boot camps

supporting more than 65 startups and quietly helping to build new

entrepreneurial ecosystems around the world. In fact, three Bridge

Program participants became MassChallenge Boston finalists this

year, one of which won a $100k Diamond Award.

BRIDGE PROGRAM PARTNERS:

• OCP Entrepreneurship Network, Morocco

• iNNpulsa Colombia, Colombia

• SENA, Colombia

• Biscay Government, Basque Country

• Korea Innovation Center, South Korea

• Big Booster, Lyon, France

• Reto Zapopan, Mexico

Imanol Pradeles, Minister of

Economic Promotion, Biscay

Government, 2015-2016

MassChallenge Platinum Partner

“The MassChallenge model will

help us create the kind of robust

and innovative ecosystem that

will retain and attract top talent.”

José Luis Reyes, Founder and

CEO, Estrenón

MC Boston 2015 Diamond Winner

“MassChallenge has the best

contacts and tools to positively

impact my business and my vision

for its growth. I am grateful to

MassChallenge for introducing

me to the best international

entrepreneurs working to design

a better world and feel lucky to

be considered one of them.”

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Global Board OF ADVISORS

In 2015, we established a world-class Global Advisory Board to help ensure

our global success, including:

SHERRY COUTUFounder and Executive of Founders4Schools, Advisor to UK Prime Minister

Cameron, Non-Executive Director of the London Stock Exchange, and

Advisory Board member of LinkedIn

DESH DESHPANDEMentor, Co-Founder of the Deshpande Center at MIT and the Deshpande

Foundation, Co-founder and Chairman Sycamore Networks, Co-chair of

President Obama’s Council on Innovation & Entrepreneurship, and Life-

Member of the MIT Corporation, the Board of Trustees at MIT

FIONA MURRAYAssociate Dean for Innovation at the MIT Sloan School of Management,

Co-Director of MIT Innovation Initiative, William Porter (1967) Professor

of Entrepreneurship, Faculty Director Martin Trust Center for MIT

Entrepreneurship, and Faculty Director Legatum Center

AKHIL NIGAMCo-founder of MassChallenge and Member of the Board of Directors at

Goodwill International

DEVAL PATRICKFormer Governor of Massachusetts, Rockefeller Fellow, Crown Fellow

of the Aspen Institute, Author, and Managing Director at Bain Capital

JEFF SWARTZFormer CEO of The Timberland Company, Social Entrepreneur,

and Member of the Executive Board of the American Jewish Joint

Distribution Committee

LORD RUMI VERJEEMember of the UK House of Lords, Founder of The Rumi Foundation,

Founder of Domino’s Pizza in the United Kingdom, and Proprietor and

Chairman of Thomas Goode & Co Ltd

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MassChallenge’s vision has always been big. From the

beginning, our mission has been to catalyze a startup

renaissance to create jobs, empower individuals, and solve the

world’s biggest problems through entrepreneurship. In 2014,

MassChallenge made a commitment at the Clinton Global

Initiative to expand to a further 10 cities internationally by

2020, creating 30,000 direct, high-paying jobs, and 150,000

indirect jobs.

But we want to do so much more. We want to empower all

players in the global ecosystem to support entrepreneurs and

share in the creative innovation they inspire. We are working

with large organizations like CVS Health to start joint initiatives

and foster innovative solutions for corporates and large societal

problems. We are also working with governments, which play

a huge role in creating a healthy ecosystem, to help them best

create the conditions for fostering startup growth.

It is our ambition that this support for entrepreneurs

creates a virtuous circle, whereby our alumni help their local

communities, in the near-term, go on to mentor and give

back to other young startups, and hold fast to the values of

Vision for THE FUTURE

responsible, positive impact businesses in the long-term. We will

create a robust alumni program to support the 835 startups who

have been through the accelerator program and the many more

who are set to join in the years to come, and we are expanding our

linkages among our programs as our global network continues to

expand.

Startups are our lifeblood and for each individual or organization

that believes in our mission, we hope that you start, continue, or

deepen your involvement in MassChallenge in the coming months.

There are so many ways to be a part of our global movement - from

mentoring a startup or providing workshops, to providing the funds

that keep this innovation and momentum going. Our unique model

of giving back to the ecosystem without taking anything from the

entrepreneurs sets us apart and inspires so many to do and be more.

We pride ourselves on being the most startup-friendly accelerator on

the planet. Join us and help create the future.

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MASSCHALLENGE.ORGContact US

@MASSCHALLENGE

2016 APPLICATION DEADLINES:

MARCH 2 EARLY BIRD DEADLINE FOR JUN-OCT ACCELERATOR CYCLE

BOSTON, ISRAEL & SWITZERLAND

MARCH 31 DEADLINE FOR JUN-OCT ACCELERATOR CYCLE

BOSTON, ISRAEL & SWITZERLAND

JUNE 16 EARLY BIRD DEADLINE FOR SEP-DEC ACCELERATOR CYCLE

UK & MEXICO

JUNE 29 DEADLINE FOR SEP-DEC ACCELERATOR CYCLE

UK & MEXICO

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@MASSCHALLENGE

MASSCHALLENGE.ORG