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

Learn more about MassChallenge scholarship opportunities