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04/01/13 | Uncategorized

3 Days Left to Apply for Mass Challenge

Applications for the largest-ever startup accelerator and the first to support early-stage entrepreneurs with no strings attached are due by April 3rd. 

By Joanne Wilson (Blogger & Angel Investor, Gotham Gal)

I know about the MassChallenge because one of the women, Reem Yared, who I wrote about on Mondays got to the semi-finals in this challenge. It set her business of in a completely different direction.

Here is the info:

MassChallenge is the largest-ever start-up accelerator, and the first to support high-impact, early-stage entrepreneurs with no strings attached. Benefits for startups include:

  • Four month accelerator program – world-class mentorship and training, free office space, access to funding, media and more.
  • $1.2 million in cash awards – $10+ million in in-kind support.
  • Open to all – any startup can enter, from anywhere in the world, in any industry.
  • No strings attached – no equity taken and no restrictions applied.

President Obama honored MassChallenge in January of 2011 as one of the nation’s best  organizations for supporting high-growth entrepreneurs, and MassChallenge was the youngest inaugural affiliate of the Startup America Partnership. The 361 startups supported in the three  MassChallenge accelerator classes have generated nearly $100 million in revenue, raised over  $362 million in outside funding and created nearly 3,000 new jobs.

Application Info: Top Startups Wanted for MassChallenge 2013

MassChallenge connects entrepreneurs with the resources they need to succeed immediately with no strings attached. It’s the world’s largest startup accelerator and is looking for the 125 highest-impact startups from any industry for its 2013 program.

Benefits for startups include world-class mentorship & training, a driven community of fellow entrepreneurs, $10M+ in in-kind deals and $1M+ in grants with no equity taken.

All applicants receive written feedback and scores from the expert judges that evaluate them, regardless of whether they advance to the next round. The application fee is $199, but this is the only fee MassChallenge ever takes from entrepreneurs (never taking equity), and refunds can be found by searching #MCRefunds on twitter.

Applications are due by April 3 – Apply at MassChallenge.org/apply!

This post originally appeared on Gotham Gal. 

Women 2.0 readers: Are you planning on applying?

About the guest blogger: Joanne Wilson is an advisor and investor in startups, including Curbed (Eater/Racked), Food52, Red Stamp, Catchafire, DailyWorth, Editd, Ricks Picks, Cacao Pietro, Editions 01, Hot Bread Kitchen, Nest.io, Gotham Gym, The Moon Group and MOUSE. Her most successful venture is being married to her best friend Fred and raising her three kids, Jessica, Emily and Josh. Joanne blogs under the name Gotham Gal. Follow her on Twitter at @thegothamgal.

 

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