Boston, Massachusetts, defined by its prestigious universities and vibrant young startup scene, has maintained a reputation of excellence and entrepreneurial American spirit since its first epic Tea Party in 1773.
At the forefront of excellence and prestige is the Boston-based non-profit, MassChallenge, which bills itself as “the world’s largest startup competition”. MassChallenge is a very special kind of accelerator, as it is both an independent non-profit and does not take equity. Now, in its second year, MassChallenge is incubating 125 companies in its Boston waterfront offices, and each team is competing for $1 million in prizes. The competition is open to anyone in the world, for any new startup, in any industry.
To read the full, original article click on this link: MassChallenge: Why the world's largest incubator is also a non-profit - The Next Web
