You might be interested in getting your startup into an accelerator – and rest assured Boston has no shortage of options – but it’s hard to know exactly what the best options for your stage and industry are.
From business support, mentorship and desk space, to equity vs non-equity, marketing, and even prize money – accelerators offer a whole lot and can really help you develop your product, brand, and network.
1. Accelerators Info Sheet 2019
Website: www.learnlaunch.com/accelerator
Eligibility: Our next program, Breakthrough, looks for Edtech companies with ~250K in Annual
Recurring Revenue.
Equity Taken: Various Instruments, Typically Convertible Notes (initial + follow on)
Next Application Deadline: February 22nd
Next Program Start & End Dates: May 6th - June 7th
Website: techstars.com
Eligibility: Techstars funds technology oriented companies, typically web-based or other
software companies, but has funded companies that don’t quite fit that mold as well. We’re
also looking for companies that can have national or worldwide reach. We don’t fund
biotechnology companies, restaurants, consultancies, or other local service oriented
companies
Equity Taken: Upon acceptance to a Techstars Accelerator, each company receives $20,000 in
exchange for 6% equity of the company (on a fully diluted basis, issued as common stock). In
addition, all accepted companies are offered a $100,000 convertible note
Next Application Deadline: July 22, 2019
Next Program Start & End Dates: Jan 27, 2020 – April 23, 2020
Website: www.masschallenge.org/apply
Eligibility: MassChallenge accepts applications for early stage startups across all industries,
from anywhere in the world. If your startup has raised less than $500K in equity-based
funding, generated less than $1M in revenue in the last 12 months, and are set to make a big
impact in your industry or on the world, you’re our kind of entrepreneur.
Equity Taken: 0
Next Application Deadline: March 13, 2019
Next Program Start & End Dates: June 2019 - October 2019
Website: https://masschallenge.org/programs-healthtech
Eligibility: We accept applications from industry-focused startups that have raised less than
$10M in equity-based funding and generated less than $10M in revenue. If your startup
exceeds these guidelines, we still recommend that you apply for the accelerator program.
There will be an opportunity on the application for you to provide more information about
your current funding amounts. Prospective startups should be developed enough to work
collaboratively with a large business or institution.
Equity Taken: All MassChallenge programs operate on a zero-equity, competition-based
model.
Next Application Deadline: Applications for our 2020 program will open in September 2019
Next Program Start & End Dates: Our next upcoming program runs from January 2020
through May 2020
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2. Website: https://masschallenge.org/programs-fintech
Eligibility: It’s about fit. General guidelines are later-stage (up to $10M in revenue or
equity-based funding), but we know startups that can transform financial services come in all
forms--from bootstrapped to those that have raised over $10M. What matters is that you’re
ready to seriously partner 1:1 with enterprises and solve pressing challenges in financial
services.
Equity Taken: Zero.
Next Application Deadline: October 2019. Follow us on Twitter (@MassChallengeFT) to get
updates about future deadlines.
Next Program Start & End Dates: January - June 2020
Website: https://fi.co
Eligibility: The Founder Institute focuses on founders instead of ideas. If you are talented and
motivated to do the work required to build an enduring tech or tech-enabled company, then
we want to hear from you. This includes aspiring founders with a full-time job, solo founders,
teams, and founders of established companies that are pre-funding. More info:
https://fi.co/admissions
Equity Taken: 4% Warrant
Next Application Deadline: Fall 2019
Next Program Start & End Dates: Fall 2019
More info: request office hours with our team here:
https://www.f6s.com/fibostonofficehours/about
Website: www.thewinlab.org
Eligibility: The WIN Lab is a sector agnostic accelerator program designed for high growth
women entrepreneurs looking to scale their ventures. We accept applications from early
stage entrepreneurs in at least the prototype phase that have demonstrated market
validation and are positioned to scale.
Equity Taken: 0
Next Application Deadline: Spring 2019
Next Program Start & End Dates: Oct 2019 - March 2020
Website: http://tiescaleup.org/
Eligibility: TiE Boston ScaleUp is specifically geared to help growth stage companies
overcome common obstacles and barriers to scale. The ScaleUp Team supports
Massachusetts-based startups that are now in need of the next stage of knowledge,
mentoring, connections and resources, to successfully prepare for scale and their next capital
raise.
Equity Taken: 0 %
Next Application Deadline: August 2019
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3. Next Program Start & End Dates: October 2019- March 2020
Website: www.smarterinthecity.com
Eligibility: Smarter in the City’s mission is to fuel economic opportunity in underrepresented
communities across Boston through technology entrepreneurship. Our goal is social &
economic equality and we believe entrepreneurship and diversifying Boston’s startup sector
by providing support and resources for local minority-run ventures is the perfect engine to do
so. Through our accelerator program, we draw investment to communities traditionally left
out of the high-tech startup scene. We look for startups at the early stages of development
that have created a diverse founding team, At least 50% minority owned.
Equity Taken: 0
Next Application Deadline: July 15, 2019
Next Program Start & End Dates: September 24, 2019
Website: https://www.nova-saint-gobain.com/en/innovate-2019-challenge
Eligibility: Prototype stage startups working with innovation for the built environment
Equity Taken: 0
Next Application Deadline: April 8, 2019
Next Program Start & End Dates: May 1, 2019 - November 20, 2019
Website: https://www.cleantechopen.org/en/page/us-accelerator-en
Eligibility: The Cleantech Open accelerator program is open to early-stage companies with
less than $1.5MM in funding from private investors or less than $10MM in funding from
family, friends, and grants. The company must align with at least one of the following
categories: Energy Generation, Energy Distribution & Storage, Energy Efficiency, Chemicals &
Advanced Materials, Information & Communications Technologies (ICT), Green Building,
Transportation, Agriculture, Water & Waste.
Equity Taken: 0
Next Application Deadline: May 1, 2019 (2019 applications are currently open and reviewed
on a rolling basis)
Next Program Start & End Dates: May 2019 - September 2019
Website: https://www.msaadapartners.com/majira-project
Eligibility: The Majira Project is ideal for small to mid-sized growth companies that are looking
for ways to take their business to the next level. The selected cohort works directly with
consultants from BCG and Msaada Partners throughout the formal 16-week engagement.
There is a focus on companies led by founders of color and/or targeting underserved
communities. The selected cohort also includes and is committed to peer mentoring
companies in earlier stages of their entrepreneurial journey
Equity Taken: 0
Next Application Deadline: Application will start in June of 2019 and the deadline is July 01,
2019. Participants are selected by August 1st, 2019
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4. Next Program Start & End Dates: Late September 2019 - Exact date TBD, end date is late
January.
Website: https://www.accelhub.co/
https://espaciostartupmc.com/2019/01/22/innovation-bridge/
Eligibility: Soft Landing program for International startups looking to scale up in the US.
Focused mostly on companies based in Latin America and Europe. Upcoming program limited
to startups from Mexico.
Equity Taken: 0
Next Application Deadline: Applications open 01/25- Deadline 2/28
Next Program Start & End Dates: 5/20/19-6/28/19
Website: https://www.uml.edu/research/m2d2/
Eligibility: Early stage medical device and biotech startups
Equity Taken: 0
Next Application Deadline: M2D2 $200K Challenge application deadline 2/18/19
Next Program Start & End Dates: Rolling
Website: https://www.dcufintech.org/
Eligibility: The Center focuses on supporting seed and pre-seed stage FinTech startups with
less than 5 people and less than $1mm of funding. A typical startup is in the MVP stage of
development has raised <$100k and earned minimal to no revenue at the time of application.
Focus sectors include AI/Machine Learning, Blockchain, Contextual Banking (Chatbot, Voice,
Etc), Credit Ratings, Cryptocurrency, Data & Analytics, Digital Currency, Financial Education,
Financial Health, Mobile Banking, Online Lending, P2P, Payments, Personal Finance,
Robotics/Process Automation, and more.
Equity Taken: 0 and no fees
Next Application Deadline: Spring 2019 (applications open every 6 months)
Next Program Start & End Dates: Summer 2019 - Summer 2020
Website: https://eforall.org/
Eligibility: Startups of all industries and backgrounds. We work with people who are in the
idea stage, with a hobby looking to take it to the next level, or looking to pivot or grow an
existing business.
Equity Taken: 0 and no fees
Next Application Deadline: English Accelerator Program - April 29, 2019
(Offered in multiple locations and languages)
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5. Next Program Start & End Dates:
English runs 6/4/19 - 8/30/19
Website: www.nsiv.org
Eligibility: Cleantech and life sciences companies
Equity Taken: 0
Next Application Deadline: Rolling Admission
Next Program Start & End Dates: Rolling Admission
Website: socialinnovationforum.org/apply
Eligibility: Work towards a social issue, annual operating budget $100K-$2M
Equity taken: -
Next application deadline: Check website for later days
Next program: Different social tracks. Check Website for different programs
Website: vdc.umb.edu/geir
Eligibility: company is underway on financing and corporate governance. Founders qualify for
a H1-B Visa
Equity taken: -
Next application deadline: Rolling Basis
Next program: Rolling Admissions
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