MC IMPACT Report 2015

MassChallenge is the most startup-friendly accelerator on the planet. No equity and not-for-profit, we are obsessed with helping entrepreneurs across all industries. 1

Powerful Answers competition, receiving $1 million, and Handy (Boston 2012) Letter from the CEO raised $50 million, making them leaders in their industry of home cleaning services and bringing their fundraising total to an impressive $111 million. JOHN HARTHORNE Additionally, Turo (Boston 2010) raised $47 million and Localytics (Boston 2010) raised $35 million. Dear friends, Meantime, we have been busy preparing for our new programs in Israel and Switzerland as well as taking the next steps toward a launch in Mexico. Our The past year has been one of great change and transformation for program in Jerusalem will host the highest-impact startups in Israel and the MassChallenge, as we have matured into a truly global organization.In 2015, region. MassChallenge Switzerland launched in 2016, in an especially attractive we launched our first accelerator outside the US: MassChallenge UK, which ecosystem for its biotechnology, small business innovation, and large industry supported 90 high-impact startups in London. Our team has grown to over fifty links. We are also preparing for a launch in Mexico City, where we have been employees globally, we recruited high-quality talent into our executive team, we impressed by the talent and high caliber startups, including Estrenon, a 2015 accelerated 218 startups, we held seven Bridge Programs in six countries, and Boston Diamond Winner. we worked with over 100 sponsors. These positive indicators will only continue in 2016, as MassChallenge is poised to more than double in size again, with three In 2015 we expanded closer to “home” as well, launching MADE@ new accelerator programs launching on three continents. MassChallenge, a prototyping space designed specifically for hardware startups, based adjacent to our Boston accelerator. MADE@MassChallenge Our startups have already made a great impact. Our growing international supported over 30 startups in 2015 and demand is strong among our new alumni pool of 835 startups have now raised over $1.1 billion in outside funding, applicants. We also announced a partnership with the City of Newton and an achievement which puts us firmly at the top of the pack globally among the Cambridge Innovation Center to develop an innovation space in Newton, accelerators. Our alumni have also created over 6,500 high-paying, quality Massachusetts, to foster entrepreneurial growth in local markets. jobs and 32,500 indirect support jobs that add to their communities and the global economy. These are truly impressive achievements that validate progress We couldn’t do any of this without the generous support from our partners and towards our greater goals of creating jobs and building strong entrepreneurial sponsors, and of course, our incredible startups. Thank you for being on the ecosystems around the world. journey with us so far. We are just getting started so hang on tight! Our impressive alumni had some great wins in 2015: ViralGains (Boston 2013) Sincerely, raised $7.7 million in their Series A, Bounce Imaging (Boston 2012) won Verizon’s John Harthorne 44

“The single most valuable resource at MassChallenge is the “YES!” culture cultivated by the staff, mentors, and affiliates, which helps breathe life into the ideas that we bring with us through the door.” Hitesh Tolani CEO, Virtudent MC Boston 2015 5

Program Highlights BOSTON AND UK In 2015, we ran an international accelerator program in London for the first time alongside our sixth cohort in Boston. In London, 90 startups from a huge variety of industries and 12 countries, participated in a successful first year, and we awarded 14 startups from the UK cohort a share of £500,000 in equity free grants. In Boston we had 128 teams from 15 countries and awarded $1.5 million in grants to what is possibly our most successful and talented class of entrepreneurs yet in Boston. Twelve Israeli teams total went to Boston and London for acceleration. The 218 startups we accelerated this year collectively raised $41.6 million and generated $25.1 million in revenue during the program. 88 153 1 0K+ $1.65M £500K EVENTS CURRICULUM EVENT BOSTON EQUITY-FREE UK EQUITY-FREE CASH HOSTED WORKSHOPS ATTENDEES CASH AWARDS AWARDS 6

“MassChallenge is a super high dose of concentrated resources for a budding entrepreneurial venture.” Nicole Gilmore COO, Savanna MC Boston 2015 7

MADE@MASSCHALLENGE The launch of the MADE@MassChallenge hardware and prototyping lab resulted in MassChallenge receiving 65% more hardware-focused startup applications for the 2015 class. Eight of the 16 cash-award winners this year made good use of MADE@, and they collectively won $1 million in no-strings-attached prizes on stage at our 1,700-attendee Awards Ceremony in Boston. 65% 8/16 MORE HARDWARE WINNING STARTUPS USED APPLICANTS MADE@MASSCHALLENGE IN THE SPOTLIGHT MassChallenge found itself in the spotlight on big stages around the world. Our startups, staff and supporters rang the bell at both the New York and London Stock Exchanges. 8

“Genuinely shocked how quickly Masschallenge introduced me to important customers or potential customer influencers.” David Mills CEO, Weather Safe Ltd MC UK 2015 9

INCLUSIVE ENTREPRENEURSHIP 36% 39% Impact knows no bias. And MassChallenge is working hard to eliminate inequality. Within the startup community we have FEMALE FOUNDERS FEMALE FOUNDERS consistently supported higher-than-average rates of female SINCE 2012 IN 2015 COHORTS entrepreneurs since we ran our first program in 2010. Since 2012, 36% of all MassChallenge startups have had at least one female founder, which is significantly higher than the 18% average for the typical accelerator program. We are proud that 2015 was The latest reports from TechCrunch a record year for diversity at MassChallenge with 39% of 2015 44% and Crunchbase estimate that 18% MassChallenge startups having at least one female founder of startups overall have at least one globally. The Women in MassChallenge program has flourished FEMALE FOUNDERS female founder. IN 2015 BOSTON since its founding in 2013, hosting regular meetings and annual COHORT events at the Boston and UK accelerators. Additionally, 10% of MassChallenge Boston startups had at least one African American founder, 24% had an Asian founder, and 13% 10% 24% had a Latino founder. We are committed to collaborating closely with the community to foster an increasingly inclusive startup AFRICAN AMERICAN ASIAN FOUNDERS ecosystem. FOUNDERS As part of a $450,000 grant announced in June 2014, The Boston Foundation and MassChallenge collaborated on a Bridge Program to support entrepreneurs in under-resourced communities in Massachusetts, such as Roxbury, Mattapan, and Dorchester. 13% MassChallenge is focused on fair and unbiased evaluation that LATINO FOUNDERS welcomes diversity and levels the playing field. We are committed to leading the way in this area. 10

Alumni IMPACT 35 COMPANIES ACQUIRED ECONOMIC IMPACT The types of jobs being created by MassChallenge and the startups we support are high quality and have a disproportionately more positive impact on economic growth than other types of jobs. A recent study by Enrico Moretti at UC Berkeley shows that the high-tech, high-paying jobs created by startup companies have a multiplier effect on the local economy: for every one job created by a startup, five additional jobs are created in 835 the local service economy. STARTUPS This means that MassChallenge has directly generated ACCELERATED 6,500 jobs and indirectly contributed to the creation of approximately 32,500 jobs — on the same overall spend. This represents a total cost of less than $600 per job, including less than $60 of public sector spend per job created. 82.8% STARTUPS STILL ACTIVE 11

Participating in MassChallenge MORE THAN DOUBLES a startup's likelihood of raising SIGNIFICANT FUNDING and $1.1B+ reaching 15 EMPLOYEES, according to a recent MIT study. FUNDING RAISED $520M+ 32K INDIRECT JOBS CREATED REVENUE GENERATED ~$60 6,500+ PUBLIC FUNDING PER JOB $3,277 JOBS CREATED COST PER DIRECT JOB, WITH $20M SPENDING 12

ALUMNI SPOTLIGHT “MassChallenge provided an incredibly compelling entry-point into Boston’s innovation ecosystem. I am so thankful to all of the staff and mentors at MassChallenge for skyrocketing our growth. In just one year after the accelerator program, ArtLifting has helped five formerly homeless artists gain housing. We have even closed deals with two Fortune 500 companies, Staples and Microsoft.” Liz Powers CEO at ArtLifting MC Boston 2014 13

ALUMNI SPOTLIGHT “MassChallenge helped Reactor connect with a lead for our seed financing round and establish a relationship with Mullen Lowe, which allowed us to gain a foothold with key contacts in national advertising agencies.” Mike Raybman Founder at Reactor Media MC Boston 2012 14

“The MassChallenge mentor network is very rich. it connects startups with experienced mentors in any field you can imagine.” Alejandro Mendez CTO, uSound MC Boston 2015 15

Community & MENTORSHIP EXPERT JUDGES MENTORSHIP PROGRAM Many of our mentors also serve as judges, helping MassChallenge select the highest impact startups for our 2015 programs. We are proud to have At MassChallenge, our mentors ask the tough questions, provide had among our 2015 judges: guidance and share their experiences and contacts to help our startups get to the next level. Our world-class mentors come Josh Boger Bill Morrow from a variety of disciplines and include seasoned entrepreneurs, Founder of Vertex Co-founder and Director of investors, philanthropists, lawyers, and senior executives from Pharmaceuticals Angels Den corporations with deep domain expertise. Desh Deshpande Steve Perry In addition to our formal Mentorship Program, we offer informal Founder of the Deshpande Founder and Co-Creator of Visa Foundation Europe Collab office hours where our startups can learn from these experts who give generously of their time. Sandra Fenwick Jeremy Bassett President and CEO of Boston Director of the Unilever Foundry Children’s Hospital Nadia Crandall Henry Lane Fox Co-Chair of Harvard Business CEO and Co-founder of School Angels of London 780 1,952 FoundersForum JUDGES & MENTORS OFFICE HOURS HELD 17

Once again, our HIGH-PERFORMING NPS SCORE OF 73% globally places 73% MassChallenge among the highest- rated brands in the world in terms of customer satisfaction, ahead of brands such as Apple. GLOBAL NPS “It has been a great pleasure for “MassChallenge delivered a me to work with such a diverse fantastic programme in 2015 – range of ambitious startups and the team in London have taken mentor on what has been for me up the mission of MassChallenge the best accelerator out of the 15 with relish and created a fantastic that I have supported!” environment for startups to grow and accelerate their ambitions. Stuart Hillston, CEO of ConCap The pace at which the startups MCUK Mentor 2015 we worked with have developed is incredible and their continuing success and growth is a credit to MassChallenge’s vision and execution. Great people doing great things!” Bill Cogan, Partner, Ignition Law MCUK Mentor 2015 18

“The mentors were an unparalleled resource and the group of mentors to choose from truly fast tracked Barakat Bundle’s progress during the course of the accelerator program.” Karima Ladhani CEO Barakat Bundle MC Boston 2015 19

“My mentors have been “We were incredibly happy with wonderful, and I’m very grateful our mentor team. They brought to have them on my team. I’ve a fantastic range of diverse found their input very helpful. outlooks to the table, which This has been one of the have impacted the growth and biggest benefits of being in the trajectory of the company in a program...” variety of key ways.” Neheet Trivedi, CEO, Thomas Baran, CEO, Lumii Real Food Solutions MC Boston 2015 Gold Winner MC Boston 2015 20

Celebrating OUR PARTNERS SIGNIFICANT SCHOLARSHIPS In 2015, MassChallenge teamed up with Autodesk, Cydan PARTNERSHIP HIGHLIGHTS Development, the John W. Henry Family Foundation, Massachusetts Clean Energy Center, and Microsoft to launch If entrepreneurs are the lifeblood of MassChallenge, partners are a $150,000 scholarships program designed to provide small, the pump that powers our initiatives. It is through their generous foundational capital injections into 24 incoming Boston finalists to support that we were able to help 218 startups in 2015 to fund travel, rent, food, and pilots. The organizations providing the address some of the most important challenges facing the world small grants were able to select the applicants from a deep pool – from clean energy to infant mortality. This year, we teamed of startups according to their areas of interest. The select startups with partners to award $150k in pre-program scholarships. We and sponsoring organizations were connected before the program attracted 43 new partners who, along with returning partners, got underway, developed close relationships during the program, helped fund the programs and over $2m in equity free cash and some evolved into partnerships. The positive impact of these awards. MassChallenge proudly won a $500,000 Ewing Marion pre-program scholarships was tangible, and we hope to attract Kaufman Foundation grant to support entrepreneurial growth, more of them in 2016. and also worked with CASIS to award an additional $500k to two startups to support research in the International Space Station. MassChallenge also got even more creative about the value we were able to deliver by launching groundbreaking programs like our new product engagement sessions with Pepsi and Fidelity $500K $150K Investment’s ‘Board for a Day’ session. CASIS AWARD SCHOLARSHIP PROGRAM 21

“Congratulations on such a successful awards ceremony - the atmosphere GRANTS FOR GROWTH is incredible and startups have each conveyed to me how much value After a rigorous review process, the Ewing Marion Kauffman they’re getting from MassChallenge, Foundation selected MassChallenge as one of eight non-profit which is really great to hear.” organizations to receive a grant to expand impact to more entrepreneurs across the country. In addition, MassChallenge will David Page, Co-Creator & Innovation share its findings to help the Kauffman Foundation gain a better Partner at Visa Europe Collab understanding of what makes highly successful programs and initiatives like MassChallenge so effective. GENEROUS IN-KIND SPONSORS We were so grateful to have the in-kind support of PR agency Red Lorry Yellow Lorry in the UK. We are also fortunate to have our Boston office furniture donated by Turnstone and CORT, companies that aspire to help entrepreneurs leverage their culture and space to accelerate business results. We are looking forward to continue to develop our 100+ 43 new spaces with CORT, Turnstone, and the Steelcase group. GLOBAL PARTNERS NEW PARTNERS IN 2015 22

CREATIVE PARTNERING: Bringing the entrepreneurial mindset into large corporates is GCHQ a pervasive challenge and mandatory for success in today’s competitive environment. In 2015, we continued to get creative UK - 2015 Gold Sponsor with our partners to help them innovate. A few examples follow: In 2015, we supported the British Government’s security and intelligence PEPSICO agency in developing successful innovation initiatives to promote entrepreneurship and help overcome the many innovation-related challenges Boston – 2015 Platinum Partner many large governmental organizations face. We are currently working with We worked with PepsiCo North America to create a first-of-its- GCHQ to build on this partnership in 2016 and beyond. kind startup product engagement session, enabling them to test new products with female entrepreneurs. This unique engagement enabled Pepsi to think about new product ideas in a completely different way thanks to the entrepreneurs’ openness and lateral thinking. FIDELITY INVESTMENTS Boston – 2015 Diamond Partner In a day of meaningful collaboration and ideation with MassChallenge startups (Apitite, Artaic, Estrenon, Luminova, and Cake), Fidelity Investments Digital Executive team members served as a mock board of directors for each company. Participating startups raved that it was one of the most valuable programs they attended, and Fidelity’s employees learned to think more creatively, enhance their problem-solving skill set, and work as a team with their colleagues. 23

NOTABLE NEW PARTNERS: CVS HEALTH (Boston - Platinum Partner): Seeking to innovate more THE JPMORGAN CHASE FOUNDATION (UK - Platinum Partner): quickly and expand areas of focus for connected health solutions, CVS The JPMC Foundation has partnered with MassChallenge UK with the partnered with MassChallenge on the heels of the opening of its Digital key objective of supporting job creation and stimulating economy in Innovation Lab in June 2015. This new collaboration demonstrates East London. CVS Health’s commitment to driving rapid and impactful innovation in digital health solutions. JERUSALEM DEVELOPMENT AUTHORITY (IL - Founding Diamond HONDA (Boston - Platinum Partner): Honda’s Silicon Valley Lab Partner): In an impactful government-led partnership, we are working partnered with MassChallenge to increase its scouting network for closely with the City of Jerusalem to bring MassChallenge to Jerusalem new vehicle technologies on the east coast and tap into our innovation in 2016. ecosystem for partnership, investment, and sharing best practices. JOHN HANCOCK (Boston - Diamond Partner): We are helping this CISCO (Boston - Platinum Partner): We teamed up with Cisco leading insurance and financial services company build close ties with Entrepreneurs in Residence (CiscoEIR) to create a joint incubation Boston’s entrepreneurial economy and strengthen the launch of the program combining the global reach and support of Cisco with the Lab of Forward Thinking (LOFT), an internal lab focused on generating successful accelerator model of MassChallenge. CiscoEIR will help innovative business solutions in financial technology. recognize and support early-stage entrepreneurs in Boston focusing on IoT and other transformational opportunities strategic to Cisco. 24

MassChallenge Sponsors BOSTON DIAMOND CASIS John Hancock Bühler Richard and Susan Smith Family Foundation Commonwealth of Massachusetts The Boston Foundation Deshpande Foundation The Ewing Marion Kauffman Foundation Fidelity Investments Verizon Jamestown BOSTON GOLD BOSTON PLATINUM AIG Lightspeed Manufacturing American Airlines IBM Altus Dental Massachusetts Clean Energy Analog Devices Jabil Center Arrow Electronics Mitsubishi Electric Autodesk MassDevelopment Cydan Development PCCW Global Boehringer Ingelheim Microsoft EMC PepsiCo Bose Corporation Pfizer Foley & Lardner LLP Robert Bosch Venture Capital Cisco Entrepreneurs in Residence Smith & Nephew General Mills Sanofi Combiined Jewish Philanthropies SoftLayer Haute Ecole de Gestion Fribourg State Farm CVS Health Sunovion Pharmaceuticals John W. Henry Family Foundation Wells Fargo Henkel Turnstone Joshua Boger Honda SVL WGBH Liberty Mutual 25

BOSTON IN-KIND Acquia MathWorks Aerohive Networks Mellanox Amazon Web Services Microsoft Bizspark American Airlines Palo Alto Software Analogue Studio Relationship Science Applause Shift Communications BOSTON SILVER Cambridge Sound Management Turnstone Aetna Morgan Lewis & Bockius LLP CAPINC UPS Babson College Nutter McClennen & Fish LLP CollectiveNext WeWork Boston University Panasonic Comcast Business Zipcar Brandeis International Business UMass, Berthiaume Center for Constant Contact School Entrepreneurship Continuum Duane Morris LLP UPS CORT First Republic Bank Wheaton College Dragon Innovation Foley Hoag LLP Worcester Polytechnic Institute Google Cloud Platform Goodwin Procter LLP IBM Bluemix Hult International Business School IdeaPaint MetroHartford Alliance Instron 26

UK SPONSORS Digital Catapult NatWest 2 Satellite Application Catapult EMC GCHQ Unilever Hult International Business School ViiV JPMorgan Chase Foundation Visa Europe Collab UK IN-KIND Amazon Web Services Tech City UK Angels Den The Big Partnership Cafe Pod The Collective Crowdcube The Landing Fried Frank Technology The Manchester Growth Company IBM Bluemix Tobacco Dock Included.co UK Business Angels Association Mailjet ZipCar Rackspace Red Lorry Yellow Lorry Taylor Wessing 27

NEW PROGRAM SPONSORS: ISRAEL SPONSORS PLATINUM: SILVER: Ministry of Jerusalem Kraft Group Ministry of Economy HFN Jerusalem Development Authority GOLD: CJP EMC MEXICO SPONSORS Aeromexico Promotora Social Mexico Gentera The Government of Mexico City Instituto Nacional del Emprendedor (INADEM) SWISS SPONSORS Bühler Nestlé Inartis Foundation Swiss Economic Forum 28

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Global EXPANSION MASSCHALLENGE STARTUPS COME FROM AROUND THE WORLD: MassChallenge is deeply committed to supporting entrepreneurs around the world. Based on our track record of success from 2010- In 2015, MassChallenge received 2,250 applications from startups hailing 2015, and in response to overwhelming international demand, we from 67 countries. Over 1,600 startups applied to the Boston program, made a pledge to launch 10 more MassChallenge programs in 10 including about 150 via MassChallenge Israel. Over 800 startups applied cities around the world by 2020. to MassChallenge UK in the program's first year in London. About 50 percent of the 2015 applicants are international and 50 percent are We are already tracking ahead of schedule. In 2016, we will launch headquartered in the US. Many startups applied to both programs. three new accelerators — based in Israel, Mexico, and Switzerland — to augment our existing accelerator programs in Boston and the UK. By linking the world’s most promising and productive entrepreneurial ecosystems through our global accelerator network, we will provide a platform to enable the world’s highest-impact 2,250 67 startups to gain access to the critical resources they need to succeed. We are helping to ensure that every high-potential startup TOTAL APPLICANTS IN COUNTRIES REPRESENTED can access global resources, talent, and markets — from day one. 2015 IN APPLICANT POOL ? US UK Israel Mexico Switzerland Next... 3030

Global Ecosystem BUILDING In 2015, our desire to bring entrepreneurship to new regions around the world was stronger than ever. Our Bridge Program is a fundamentally important pillar of our strategy, enabling us to build alliances with partners around the world in order to strengthen innovation-driven economic development and empower startups by sharing the MassChallenge model. Since 2012, we have formed Bridge Program partnerships with public and private sector entities in Colombia, France, Korea, Mexico, Morocco, Russia, “The MassChallenge model will “MassChallenge has the best Spain, and Switzerland, with plans to expand the program further help us create the kind of robust contacts and tools to positively in coming years. Through our Bridge Program, we conducted and innovative ecosystem that impact my business and my vision ecosystem mapping projects, startup competitions, and boot camps will retain and attract top talent.” for its growth. I am grateful to supporting more than 65 startups and quietly helping to build new MassChallenge for introducing entrepreneurial ecosystems around the world. In fact, three Bridge me to the best international Program participants became MassChallenge Boston finalists this Imanol Pradeles, Minister of entrepreneurs working to design year, one of which won a $100k Diamond Award. Economic Promotion, Biscay a better world and feel lucky to Government, 2015-2016 be considered one of them.” BRIDGE PROGRAM PARTNERS: MassChallenge Platinum Partner • OCP Entrepreneurship Network, Morocco José Luis Reyes, Founder and • iNNpulsa Colombia, Colombia CEO, Estrenón • SENA, Colombia MC Boston 2015 Diamond Winner • Biscay Government, Basque Country • Korea Innovation Center, South Korea • Big Booster, Lyon, France • Reto Zapopan, Mexico 31

Global Board OF ADVISORS In 2015, we established a world-class Global Advisory Board to help ensure AKHIL NIGAM our global success, including: Co-founder of MassChallenge and Member of the Board of Directors at SHERRY COUTU Goodwill International Founder and Executive of Founders4Schools, Advisor to UK Prime Minister DEVAL PATRICK Cameron, Non-Executive Director of the London Stock Exchange, and Advisory Board member of LinkedIn Former Governor of Massachusetts, Rockefeller Fellow, Crown Fellow of the Aspen Institute, Author, and Managing Director at Bain Capital DESH DESHPANDE Mentor, Co-Founder of the Deshpande Center at MIT and the Deshpande JEFF SWARTZ Foundation, Co-founder and Chairman Sycamore Networks, Co-chair of Former CEO of The Timberland Company, Social Entrepreneur, President Obama’s Council on Innovation & Entrepreneurship, and Life- and Member of the Executive Board of the American Jewish Joint Member of the MIT Corporation, the Board of Trustees at MIT Distribution Committee FIONA MURRAY LORD RUMI VERJEE Associate Dean for Innovation at the MIT Sloan School of Management, Member of the UK House of Lords, Founder of The Rumi Foundation, Co-Director of MIT Innovation Initiative, William Porter (1967) Professor Founder of Domino’s Pizza in the United Kingdom, and Proprietor and of Entrepreneurship, Faculty Director Martin Trust Center for MIT Chairman of Thomas Goode & Co Ltd Entrepreneurship, and Faculty Director Legatum Center 32

Vision for THE FUTURE MassChallenge’s vision has always been big. From the responsible, positive impact businesses in the long-term. We will beginning, our mission has been to catalyze a startup create a robust alumni program to support the 835 startups who renaissance to create jobs, empower individuals, and solve the have been through the accelerator program and the many more world’s biggest problems through entrepreneurship. In 2014, who are set to join in the years to come, and we are expanding our MassChallenge made a commitment at the Clinton Global linkages among our programs as our global network continues to Initiative to expand to a further 10 cities internationally by expand. 2020, creating 30,000 direct, high-paying jobs, and 150,000 indirect jobs. Startups are our lifeblood and for each individual or organization that believes in our mission, we hope that you start, continue, or But we want to do so much more. We want to empower all deepen your involvement in MassChallenge in the coming months. players in the global ecosystem to support entrepreneurs and There are so many ways to be a part of our global movement - from share in the creative innovation they inspire. We are working mentoring a startup or providing workshops, to providing the funds with large organizations like CVS Health to start joint initiatives that keep this innovation and momentum going. Our unique model and foster innovative solutions for corporates and large societal of giving back to the ecosystem without taking anything from the problems. We are also working with governments, which play entrepreneurs sets us apart and inspires so many to do and be more. a huge role in creating a healthy ecosystem, to help them best We pride ourselves on being the most startup-friendly accelerator on create the conditions for fostering startup growth. the planet. Join us and help create the future. It is our ambition that this support for entrepreneurs creates a virtuous circle, whereby our alumni help their local communities, in the near-term, go on to mentor and give back to other young startups, and hold fast to the values of 34

Contact MASSCHALLENGE.ORG US @MASSCHALLENGE 2016 APPLICATION DEADLINES: MARCH 2 EARLY BIRD DEADLINE FOR JUN-OCT ACCELERATOR CYCLE BOSTON, ISRAEL & SWITZERLAND MARCH 31 DEADLINE FOR JUN-OCT ACCELERATOR CYCLE BOSTON, ISRAEL & SWITZERLAND JUNE 16 EARLY BIRD DEADLINE FOR SEP-DEC ACCELERATOR CYCLE UK & MEXICO JUNE 29 DEADLINE FOR SEP-DEC ACCELERATOR CYCLE UK & MEXICO 36

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