Applications open for Boston, Israel and Switzerland locations until March 28
BOSTON, FEBRUARY 8, 2017 - MassChallenge™, the most startup-friendly accelerator on the planet, today opened applications for its 2017 class of high-impact startups. MassChallenge Boston, Israel, and Switzerland are now accepting applications for early-stage startups across all industries, from anywhere around the world. The application deadline is March 28, 2017.
Entrepreneurs, partners, mentors, judges and guests gathered to celebrate entrepreneurship at the first MassChallenge Switzerland Awards. The event featured pitches from the top 13, and speeches from Elmar Mock, Co-founder of Swatch, Stefan Scheiber, CEO of Bühler Group and Toby Wolf, Economic and Commercial Officer at the US Embassy in Bern.
Those 13 startups will present to the final judging panel. Judges will have the possibility to distribute up to 1 million CHF according to the merit of the projects that will be presented. In addition, in kind support will be provided to the more promising startups. Winners will be announced at the MassChallenge Awards on November 2nd at Univercité in Renens where the accelerator is based.
The study was the first to interview both startups and corporations on their views about their interactions. The firms surveyed 233 startups and 112 corporate respondents from March 30th to April 24th, 2016. Corporate respondents included Microsoft, Pfizer, KLM, Cisco, Xerox, and IBM, among many other leading companies.
Among other insights, the study uncovered five key learnings:
MassChallenge is a no-equity, not-for-profit accelerator that helps only the highest-impact startups in the world. Impact is defined by the startups themselves - ranging from scientific breakthroughs to providing clean drinking water to millions to disrupting established industries.
The announcement took place at the first-ever MassChallenge World Startup Summit held in collaboration with the 2016 LIFT Conference, where top MassChallenge alumni participated in a pitch competition to win equity-free cash prizes totaling $10,000. All participating MassChallenge teams were inducted into the new MassChallenge Hall of Fame. Swiss startups also participated in a pitch competition.
Four founding partners are supporting the MassChallenge Switzerland launch: Bühler Group, already a diamond sponsor of MassChallenge in Boston, Nestlé, Inartis Foundation and Swiss Economic Forum.
“Switzerland is a well-established leader for innovation and industry,” said MassChallenge Founder and CEO John Harthorne. “Launching a new accelerator in Switzerland that is connected with our other global hubs will dramatically expand the open innovation, collaboration and entrepreneurial ecosystem in Switzerland, as well as greatly enhance the MassChallenge network in Europe.”