Lausanne, 23 May 2017 – MassChallenge, the most startup-friendly accelerator on the planet, today announced that 75 of the world’s highest impact, highest-potential early-stage startups will participate in its 2017 accelerator in Lausanne. The 75 startups were selected from 450 applications, and work across a range of industries, including high-tech (43%), healthcare and life-sciences (24%), social impact (8%), clean-tech and energy (5%), and general interest and retail (20%).
“With 65% of Swiss projects, we maintain a large proportion of home-grown projects. However, this also means that 35% come from abroad, which allows us to imagine and draw the contours of the Swiss industry of tomorrow, strong thanks to its cultural diversity,” said Thierry Duvanel, Managing Director of MassChallenge Switzerland. “We are also happy to maintain a strong variety of projects. The crosscutting dynamics of MassChallenge allows us to create bridges between the various industries and to strengthen our impact in the field of global innovation creating value and jobs.”
“Over the past seven years, MassChallenge has graduated more than 1,200 entrepreneurs from our intensive accelerator, enabling them to create enormous impact around the world,” said John Harthorne, Founder and CEO of MassChallenge. “We are proud to welcome such a high-potential class of startups to MassChallenge, and are excited to help them define their future and maximize their impact.”
The 75 startups will participate in MassChallenge Switzerland’s four-month accelerator program, where they receive world-class mentoring from industry experts, tailored programming, free co-working space, and unrivalled access to corporate partners. The accelerator culminates on 26 October 2017 at the MassChallenge Switzerland Awards, where startups will pitch for the opportunity to win a portion of up to CHF 1 million in zero-equity awards.
The Finalists come from all parts of Europe but also diverse places such as Taiwan, India and Guinea.
MassChallenge, the most startup-friendly accelerator on the planet.