Last week marked the beginning of the FINALIST round of the 2011 MassChallenge Global Startup Competition—the world’s largest startup accelerator. Over the next three months, AltrUHelp and 100+ other startups will compete for a slice of $1.2 million in funding. Each company has been awarded office space in the brand-new One Marina Park Drive through October along with access to lawyers, business mentors, investors, and support staff.
Day 1 of the finalist “Startup Bootcamp” began with Scott Griffith, CEO of Zipcar, discussing the importance of constant personal development, sharing his incredible story of battling cancer while growing ZipCar 8000%. Bill Warner—founder of Avid Technology and inventor of nonlinear video editing—urged the audience to avoid compromise and maintain integrity, offering his own mistakes as evidence.
MassChallenge is the world’s largest $1 million startup competition & accelerator program that connects early stage entrepreneurs to the resources they need to launch high-growth, high-impact businesses.
Last week MassChallenge joined by Governor Deval Patrick and business leaders, announced AltrUHelp as a FINALIST in the world’s largest start-up competition. Hundreds of expert judges from the startup ecosystem (CEO’s, lawyers, VC’s, angel investors & more) selected 125 finalists after several rounds of judging on 733 original startup entry applications from around the globe (24 countries).
The finalists range from high-tech and life science business to social impact ventures like AltrUHelp. The finalist companies represent 19 states and five countries, including Kenya and South Korea. According to MassChallenge, last year’s finalists from the 2010 competition have raised more than $30 million in funding and hired over 300 new employees. Read More