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MassChallenge Mexico

Opportunity for USA, Canada, and International Startup
Companies to Participate in a Business Accelerator Program

Agency Type:

Foundation / Corporation

Funding Source:

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MassChallenge

Conf. Date:

03/29/21

Deadline Date:

04/28/21 11:59 PM EST

Description:

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Opportunity for USA, Canada, and International start-up companies to participate in an accelerator program in Mexico City to advance innovative businesses. Funding is intended to support early-stage high-potential companies from any industry by providing cash awards, mentorship, workspace, curriculum, and partnership opportunities.

MassChallenge accelerators are the most efficient pathway to connect startups, experts, corporations, and communities to accelerate the growth of new technologies and businesses. MassChallenge judges look for high-impact, high-potential startups, with a viable path to success and some traction/progress in their plans. 

Program Benefits:

  • Zero cost and for zero equity.
  • Four-month accelerator program valued at USD 50,000 according to MIT
  • Mentorship from curate high-level experts and Entrepreneurs in Residence
  • Engagement with the MCMX corporate partners
  • Unique curriculum tailored to the maturity level of your startup in the form of workshops, roundtables, and industry tracks.
  • Investment opportunities up to $100,000 USD for program's winners¬†

GrantWatch ID#:

GrantWatch ID#: 152716

Term of Contract:

Accelerator program: July - October 2021

Additional Eligibility Criteria:

For early-stage accelerator programs in Boston, Israel, Switzerland, Mexico, and Texas: Applications are accepted for early stage startups across all industries, from anywhere in the world. Startups that have raised less than $1M in equity-based funding, generated less than $2M in annual revenue, and are set to make a big impact in their industry or in the world are eligible.

Pre-proposal Conference:

What it Takes: How To Build an AWESOME MC Application:
Managing Director of Texas, Jon Nordby, will discuss with MassChallenge Experts the value of a mentor-founder relationship and provide insights on the MassChallenge judging process and how to build a great application.
Thursday, March 11, 2021 | 12:00PM - 1:15PM ET / 11:00AM - 12:15PM CT
Register here: https://www.eventbrite.com/e/how-to-create-an-awesome-application-with-mc-experts-judges-tickets-137143563089

The Virtual Accelerator Experience with MassChallenge Alumni:
Alumni and program leadership will discuss the pros and cons of a virtual accelerator. During the conversation, panelists will provide insights on how to prioritize the access and benefits that come with a MassChallenge program, and how to leverage them to strategically accelerate business growth.
Thursday, March 25, 2021 | 12:00PM - 1:15PM ET / 11:00AM - 12:15PM CT
Register here: https://www.eventbrite.com/e/masschallenge-alumni-discuss-their-accelerator-experience-tickets-137147645299

Info Sessions: Learn more about the MassChallenge 2021 accelerators from members of the MassChallenge team. Three dates are available: March 3, March 17, and March 29.
Register here: https://www.eventbrite.com/e/meet-masschallenge-info-session-tickets-141913461985

Get 1-on-1 time with a member of the MassChallenge team through office hours. Sign up to learn how you can make the most of this exciting founder-development opportunity.
Register here: https://outlook.office365.com/owa/calendar/MassChallengeOfficeHours@masschallenge.org/bookings/

Pre-Application Information:

MassChallenge runs one accelerator program in each of the Foundation's locations and in each of the verticals each year.

Timeline:
- Application opens: 11 March 2021
- Applications close: 28 April 2021
- Judging: April - June 2021
- Finalist announcement: 1 July 2021
- Accelerator program: July - October 2021
- MassChallenge Mexico Awards: 18 November 2021

Application process:
MassChallenge uses a competition model to select startups. Prospective MassChallenge startups submit application(s) for the MassChallenge accelerator program(s) they would like to join. After submitting the application, startups will participate in one or two rounds of judging. At the end of these judging rounds, the highest-impact and highest-potential startups are invited to participate in the accelerator as Finalists.

How to apply:
1. Register with MassChallenge by creating your user profile
2. Create your startup profile
3. Submit the application fee ($99 USD before the regular deadline)
4. Complete and submit your application

Startups are notified if they make the second round of judging. In the second round of judging, those startups pitch to a panel of judges or challenge partners in-person or via Skype (in some circumstances).

How to Apply: https://masschallenge.org/about-apply

FAQs: https://masschallenge.org/about-faq

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

To register online: https://accelerate.masschallenge.org/accounts/register/entrepreneur/

Questions: apply@masschallenge.org.

Contact form: https://masschallenge.org/contact

MassChallenge, Inc.
21 Drydock Avenue, 610E
Boston, MA 02210

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

USA Territories: American Samoa (USA)   Guam (USA)   Puerto Rico (USA)   Virgin Islands (USA)   Northern Mariana Islands (USA)

USA Compact Free Associations: The Federated States of Micronesia (USA)   Marshall Islands (USA)   Republic of Palau (USA)

Canada: Alberta;   British Columbia;   Manitoba;   New Brunswick;   Newfoundland and Labrador;   Northwest Territories;   Nova Scotia;   Nunavut;   Ontario;   Prince Edward Island;   Quebec;   Saskatchewan;   Yukon;

Israel

International country outside of the USA, Israel and Canada.

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