AltruHelp, Babson Startup, Selected Finalist in 2011 MassChallenge
MassChallenge is the worldâ€™s largest $1 million startup competition & accelerator program that connects early stage entrepreneurs to the resources they need to launch high-growth, high-impact businesses.
In May 2011, MassChallenge joined by Governor Deval Patrick and business leaders announced Babson startup, AltruHelp, a FINALIST in the worldâ€™s largest start-up competition. Hundreds of expert judges from the startup ecosystem (CEOâ€™s, lawyers, VCâ€™s, angel investors & more) selected 125 finalists after several rounds of judging on 733 original startup entry applications from around the globe (24 countries).
The finalists ranged from high-tech and life science business to social impact ventures like AltruHelp. The finalist companies represented 19 states and five countries, including Kenya and South Korea. According to MassChallenge, the 2010 finalists have since raised more than $30 million in funding and hired over 300 new employees.
MassChallenge was honored by President Obama in January as one of nationâ€™s best support organizations for high-growth startups and was selected to partner with the White Houseâ€™s Startup America Partnership. As part of the MassChallenge 2011 Finalist Accelerator program, our team and the other finalists teams received:
- Legal support, expert mentors, publicity from major media outlets, access to funding resources, workshops w/ key stakeholders and more!
Today, our team continues to be ENERGIZED by the water front office space at MassChallengeâ€™s 22,000-square-foot office on the Boston Fan Pier which is provided FREE courtesy of the Babson Venture Accelerator Program and Babson’s AWESOME partnership with MassChallenge.
On behalf of the AltruHelp Team, I would like to thank the Babson community, our business partners, advisors, customers, friends, and family for your tremendous support! With your help we will continue to inspire altruism and build a universal platform dedicated to scaling social impact!