Review on MassChallenge by Inioluwa Okedeji
MassChallenge: A Non-profit Startup-friendly Accelerator With The Aim Of Developing Startups In Different Sectors Around The World.
MassChallenge claims to be the most friendly Startup accelerator on the planet. Well, that was a shocking realization but nevertheless, I couldn't help but try to find out why they would assertively say that they're the most startup friendly accelerator in the whole world.
My research also made me realize that MassChallenge are obsessed with helping and lending a helping hand to startups in different industry and sectors that they find to be very promising and this isn't limited to a region or country but across the world.
I discovered that their claim of being the most friendliest startup accelerator was due to the fact that their services and lending of hands to startups are not for profit neither is it to amass equity. This discovery actually amazed me given the fact that their services are not for profits, they can be seen as a charity for startup ventures around the world.
In their bid to help startups, MassChallenge provides expert mentorship, a well-suited curriculum and an unrivaled access to corporate partners, all so that startups can kickstart and develop successfully. Another added feature that MassChallenge offers StartUps are cash prizes worth several milIions of dollars which will undoubtedly financially help a startup develop.
To strengthen their innovation-driven aim, MassChallenge have accelerators scattered around the world in places like Boston, Israel, Texas, Mexico and in the United Kingdom. They also run Startup challenge programs in countries like Australia, Columbia, Korea, France, Morocco and other places so as to propel and push the creation of quality jobs around the world.
They also run other Startup challenge program one of which is aimed at also accelerating the impact of digital health innovations and improve the health of patients through technology.
In conclusion, the claim that MassChallenge is the most friendliest startup accelerator, well I really can't prove that but they're friendly and they ensure that their services aren't limited to a sector or a country but that it cuts across all sectors and different countries. So in my opinion, there's no service more friendlier than that.
Pros
- MassChallenge is an accelerator whose services are non-profit.
- MassChallenge runs different startup programs in different sectors so that their impact on startups will not be limited to a single sector.
- It has branches scattered around the world so that their services will not be limited to some countries only.
- It offers cash prizes to selected promising startups to strengthen them financially.
- I discovered that through the services MassChallenge provides, they've successfully created more than 65,000 jobs. And that's one huge achievement from a nonprofit firm.
Cons
- I see no disadvantage to the services MassChallenge provides the public.
