MassChallenge announced today that PSM Clean Energy has been selected as a MassChallenge Boston 2015 Finalist and will participate in MassChallenge’s 2015 accelerator programs in Boston this summer.
MassChallenge Reveals 2015’s Most Promising Startups
218 companies from around the world will head to Boston and London in June
BOSTON and LONDON (May 20, 2015): Today MassChallenge unveiled 218 global finalists for the 2015 accelerator programs to be held in Boston and London this summer. This year’s class was selected from more than 2,200 applicants and come from a diverse range of industries and geographies. 128 startups will participate in MassChallenge Boston and 90 startups will take part in MassChallenge UK. Of the 12 startups participating in the MassChallenge Israel program, seven will travel to Boston this summer and five will go to the UK.
The full lists of 2015 startups can be found here:
MassChallenge Boston: http://masschallenge.org/startups/boston/2015/
“The 218 startups that will be entering our 2015 accelerator include many of the highest-impact startups in the world,” said MassChallenge CEO John Harthorne. “From Boston to London to Israel and beyond, the global distribution of these early-stage companies highlights the universal need and opportunity to provide startups with access to key people and resources to help them launch and succeed.”
The 2015 finalist class includes startups from 22 different countries and many industries. Of the 218 startups:
- 35.8 percent are in high tech
- 22.0 percent are general, retail and consumer goods
- 18.8 percent are healthcare and life sciences
- 17.9 percent are social impact
- 5.5 percent are cleantech and energy
Top categories for Boston include internet & web services, hardware, and education. The UK program’s top categories include internet & web services, enterprise software and hardware.
During the program, startups will have the opportunity to engage with high-profile speakers and expert mentors. Additional benefits include free office space, media attention and access to industry resources.
MassChallenge runs startup accelerators designed to catalyze a global renaissance by connecting high-impact startups with the resources they need to launch and succeed. Anyone can apply to MassChallenge, with any early-stage startup, in any industry, from anywhere in the world. MassChallenge does not take equity or place any restrictions on the startups it supports.
With programs in Boston, Israel and the UK, MassChallenge provides entrepreneurs with mentorship, office space, education, access to a vast network, and other resources during four months of acceleration. MassChallenge awards over $1.75 million in non-dilutive grants to the startups demonstrating the highest impact and highest potential. A nonprofit organization, MassChallenge is funded by corporate, public and foundation partners. To date, the 617 MassChallenge alumni have raised over $947 million in funding, generated $485 million in revenue and created 5,105 jobs. For more information, visit www.masschallenge.org.
Top MassChallenge Boston partners include: Jamestown, Fidelity Investments, Verizon, the Richard and Susan Smith Family Foundation, CASIS, the Commonwealth of Massachusetts, The Deshpande Foundation, The Biscay Government, The Boston Foundation, Combined Jewish Philanthropies of Greater Boston, Bühler, American Airlines, Boehringer Ingelheim, Bose, EMC, Henkel, iNNpulsa Colombia, Microsoft, PepsiCo, Pfizer, Smith & Nephew, Thomson Reuters, Turnstone, WGBH Boston, UMass Amherst, and Zapopan.
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