MassChallenge Reveals Final 26 Startups Of 2012

MassChallenge, the world’s largest global startup accelerator competition announced the final 26 startups that will compete before the judges. The 26 startups will pick between 10 and 20 startups who will be announced at MassChallenge’s high profile awards ceremony event on October 23.

This year’s MassChallenge competition opened up on March 1st and attracted 1,237 applications from 35 countries and 26 U.S. states. From there 125 startups were chosen to participate in MassChallenge’s 3 month accelerator program. The accelerator program offered the startups free office space, access to resources and one of the best mentor networks in the world.

All 26 startup teams will have one minute each to pitch their startup to over 1200 attendees at the awards ceremony. The stakes are high, with over $10,000,000 in prizes with no strings attached. There will be over $1,000,000 in grants awarded and $9,000,000 worth of in-kind benefits.

Unlike many other accelerators, the entire MassChallenge program is non-equity based, meaning that participating companies, and companies that receive monetary awards, give up no equity.

Here are the 26 startups:

Akrivis Technologies	Black Island Wind Turbines	Bounce Imaging	BuysideFX
Capital Market Exchange (CMX)	Cellanyx Diagnostics	CoachUp	Dynamo Micropower
Global Research Innovation & Technology (GRIT)	Guided Surgery Solutions	HelmetHub Corporation	iAgree
IntegralReach	Lab Automate Technologies Inc	LiquiGlide	Lovin’ Spoonfuls Inc
Ministry of Supply Inc.	NBA Math Hoops	Neumitra	Nordic Technology Group (NTG)
OnDeckBiotech	RallyPoint	Recovers.org	Strong Arm Technologies, Inc.
	Ubiqi Health	WindGap Medical Inc.

MassChallenge features top notch judges from the Boston tech community and from around the world. This years judges are:

Colin Angle	Co-Founder, CEO and Chairman of the Board, iRobot
Sam Bastia	Global Strategy Executive, Verizon Communications
Josh Boger	Founder and former CEO/Chair, Vertex Pharmaceuticals
Desh Deshpande	Serial entrepreneur and mentor, Chair A123 Systems
Paul English	Founder & CTO, Kayak.com
Corinne Grousbeck	Brand Strategist & Advisor at Gemvara
Wyc Grousbeck	CEO, governor, and co-owner of the Boston Celtics
Jamie Kiggen	President, Riverside Company
Jit Saxena	Founder and Former CEO, Netezza
Niraj Shah	CEO and Co-Founder, Wayfair (formerly CSN Stores)
Amy Stursberg	Executive Director, Blackstone Charitable Foundation
Mike Wilens	Special Advisor, Senior Fidelity Management

“Over 400 entrepreneurs from across the globe came together in the Boston Innovation District to address some of the world’s most challenging problems together with the tremendous resources in the Boston startup community,” said MassChallenge Chief Mentorship Officer Karl Büttner. “MassChallenge 2012 represents another great example of the growth, energy and excitement that can only be produced through collaboration. It is truly inspiring to work closely with the hundreds of MassChallenge mentors and judges who volunteer their time, effort and advice to help the 125 MassChallenge startups grow.”

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Find out more about MassChallenge here

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