Healthcare company-building profile
MassChallenge
MassChallenge (global nonprofit)
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- MassChallenge (global nonprofit)
- Organization type
- Nonprofit
- Location
- Boston, Multiple
- Company stage served
- Early stage
- Cohort or participation model
- Not publicly documented
- Investment or funding offered
- Not publicly documented
- Published investment terms
- Equity-free; MassChallenge takes no equity
- Equity or fee model
- No equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2009
Public description
About the program
MassChallenge is an equity-free nonprofit accelerator network founded in 2009 that runs early-stage and industry challenge programs, including a large healthcare and life sciences vertical. Programs currently listed include Traction for early-stage companies, Challenge programs for mid-to-late stage companies matched with corporate partners, Breakthrough Bio, and Bridge to MC for ecosystem development. Partners named on its healthcare pages include Blue Cross Blue Shield of Massachusetts, Eli Lilly, MassMutual and MIT Lincoln Laboratory.
What the program publicly emphasizes
Focus areas and features
Digital healthMedical devicesBiotechHealth equityEnterprise software
- Category: Government or nonprofit accelerator
- Published terms: Equity-free; MassChallenge takes no equity
Sources
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