MassChallengeis a global non-profit startup accelerator and competition with a focus on high-impact, early-stage entrepreneurs with the intent to promote innovation while not taking any equity from its startups.
To date, MassChallenge has accelerated 1,211 startups, which together have raised $1.8 billion in funding, generated over $700 million in revenue and created over 60,000 direct and indirect jobs across the world.
Each year, MassChallenge admits over 300 finalists to its three- to four-month accelerator program across its five locations: Boston, Israel, Mexico, Switzerland, and the UK. These accelerators provide startups with free office space, mentorship and more. At the end of the program, the most promising startups are awarded equity-free cash prizes.
I’ve coached and guided startups to validate business ideas and achieve product-market fit until the UK program temporarily shut down in 2017.
I’ve also been a member of the judging panel evaluating applications for programs in Boston and Mexico City.
I’ve had the opportunity to work with two boot-strapped startups: an online food delivery and a VR video discovery platform.
Main activities included:
identification of riskiest assumptions for the business idea
customer development interviews and definition of a Unique Value Proposition
testing, iteration and validation of an early stage prototypes/MVPs until customer commitment is achieved
Davide was a helpful and diligent mentor throughout the MassChallenge program. He provided structure to our thinking and useful insight from his own experience. Nick Schweitzer, Co-founder and CEO at Klydo.ai