The accelerator will combine MassChallenge’s no-equity, competition-based model with the talent and potential of Switzerland’s startup ecosystem. Based in the Lake Geneva Region, the accelerator attracts startups from Switzerland, other parts of Europe and beyond, who want to understand and access Switzerland’s unique innovation culture and prowess in high technology.
Four founding partners are supporting the MassChallenge Switzerland launch: Bühler Group, already a diamond sponsor of MassChallenge in Boston, Nestlé, Inartis Foundation and the Swiss Economic Forum. A high-profile supervisory board has been formed to launch MassChallenge Switzerland in 2016. Members include:
MassChallenge is the most startup-friendly accelerator on the planet. It is a non-for-profit that takes no equity in the start-ups. They are obsessed with helping entrepreneurs from all industry sectors. The highest-impact startups share a prize pool of several million dollars in equity-free cash awards. Through its global network of accelerators in Boston, London and Jerusalem and unrivalled access to its corporate partners, they can have a massive impact – driving growth and creating value the world over. To date, the 835 MassChallenge alumni have raised over $1.1 billion in funding, generated over $520 million in revenue and created over 6,500 jobs. In December 2015, MassChallenge announced the expansion of its global accelerator network to Switzerland with a full accelerator programme in 2016.
For more information, visit www.masschallenge.org