Last year I had the opportunity to participate as a judge and mentor in the inaugural competition, MassChallenge. This is a serious business competition that has shown it can attract top quality concrete job creating ideas from round the world. Over 450 entries applied and 110 finalists were incubated for 3 months including free office space, introductions to VC, funders, customers and team resources. Sixteen finalists split $1 Million including $100,000 for the top finisher. Seeding Labs, profiled elsewhere on my blog, won $50,000 as the Social Impact finalist and also was offered free office space for another nine months.
If you have a venture and are looking to make it to the next level I strongly encourage you to apply to the 2011 accelerator. If you have any questions please reach out to the organizers at email@example.com or apply online at www.masschallenge.org/enter. Continue reading