Applications are open for global accelerator programme

Article written by Justine Kelly, Vice President, Technology (Americas) for Scottish Development International

MassChallenge is a global accelerator program, headquartered in Boston with additional locations in Israel, Mexico, Switzerland, the UK and Texas.

MassChallenge works with companies across all industries from anywhere in the world, focusing on early-stage companies, with zero equity taken. The accelerator itself is a 4-month program where companies receive hands-on support from top mentors and experts, free co-working space, access to MassChallenge’s network of corporate partners, tailored workshops and office hours, and the opportunity to win cash prizes.

Applications are now open for the 2019 MassChallenge’s Fintech Accelerator (to take place January-June 2019), with a close date of 12th October 2018. MassChallenge FinTech is based in Boston and is looking for industry-focused startups that have raised less than $10M in equity-based funding and generated less than $10M in revenue in the last 12 months. As part of the program, accepted companies will be provided with:

• 1:1 collaborations with industry-leading partners who will support start-ups with co-development opportunities, product validation, customer connections, strategic investments, and advisor introductions. Partners of MassChallenge Fintech include Citizens Bank, Fidelity Investments, Fintech Sandbox, John Hancock, MassMutual, and Putnam Investments, to name a few.

• Unique opportunity to address a major challenge facing the financial services industry, as laid out by MassChallenge’s partners’ 2019 challenges

• Extensive access to FinTech Sandbox data and resources

• Collaborative office space located in the heart of Boston’s innovation district

• The opportunity to win a portion of $250K in cash prizes