- $194 million revenue generated
- 2,503 jobs created in Massachusetts, more than 3,900 worldwide
- $2 billion+ total current valuation of Alumni
The amazing results listed above were generated by MassChallenge (@MassChallenge) – the world’s largest startup accelerator, catalyzing 128 early-stage startups per program. In addition to the mentorship, community, education and training, all MassChallenge finalists have access to over $10 million of in-kind deals and support and compete for over $1 million in cash grants. In addition to the $1 million in cash prizes, sponsors award additional grants in the form of Sidecar Prizes.
As a founding sponsor of MassChallenge, Microsoft is excited to be sponsoring a new Sidecar prize focused on Civic Tech for the MassChallenge 2014 Accelerator. We will be posting more information on civic tech in the coming weeks and look forward to hosting info sessions to engage a variety of civic tech startups in the 2014 MassChallenge Accelerator.
In the meantime, we congratulate MassChallenge on today’s launch and encourage local startups to apply TODAY!