 | |
| Formation | 2009 |
|---|---|
| Type | 501(c)(3) |
| Headquarters | Boston, Massachusetts |
| Location | |
| Website | masschallenge |
MassChallenge is a global, zero-equity startup accelerator, founded in Boston, Massachusetts, in 2009.[ citation needed ]
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. [1]
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. [2] 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.
During its first Boston-based cohort in 2010, MassChallenge accelerated 111 startups. [3]
