| Formation | 2009 |
|---|---|
| Type | 501(c)(3) |
| Headquarters | Boston, Massachusetts |
| Location | |
| Website | masschallenge |
MassChallenge is a global, zero-equitystartup accelerator, founded inBoston, Massachusetts, in 2009.[citation needed]
MassChallenge is headquartered in Boston'sSeaport District in the MassMutual Building, and has additional U.S. locations in Texas, as well international locations in Israel and Switzerland.[1]
MassChallenge co-founders John Harthorne and Akhil Nigam were working as strategy consultants atBain & Company during the2008 financial crisis when they developed MassChallenge.[2] MassChallenge secured early support from successful entrepreneurs likeDesh Deshpande and Joe Fallon, the public sector includingThomas Menino the then-Mayor of Boston andthe Commonwealth of Massachusetts, and large organizations likeThe Blackstone Charitable Foundation andMicrosoft.
During its first Boston-based cohort in 2010, MassChallenge accelerated 111startups.[3]