Twelve businesses started by Babson College alumni and students have progressed to the semi-final round of judging at the 2013 MassChallenge.
Twelve businesses started by Babson College alumni and students have progressed to the semi-final round of judging at the 2013 MassChallenge. Over 1000 start-ups apply every year to take part in MassChallenge with roughly only 300 progressing to the semi-final round.
During the semi-finals, each team has the opportunity to deliver a 20-minute pitch to a panel of judges. Out of the 300+ semi-finalists, only 125 of the most promising will be invited to participate as finalists.
Finalists will be admitted into the MassChallenge four-month accelerator program where they will have access to world-class mentorship and training, free office space, access to funding and media, and the chance to $1M in cash awards.
MassChallenge is a non-profit organization that connects early stage entrepreneurs to the resources they need to launch high-growth, high-impact businesses immediately. Every entrant, not just the winners, receives access to workshops, mentors, executives, other team members and sources of funding. Experts from the Massachusetts ecosystem will identify the highest potential startups, which will receive cash prizes and qualify for privileged access to funding sources from across Massachusetts.
The Babson semi-finalists and their founders are:
1. Bquipped, LLC, Colleen Connors M’12 - Bquipped aims to improve sports by putting the most relevant piece of equipment into athlete’s hands.
2. 88 Acres (@88acresfoods), Robert Dalton M’14 and Nicole Ledoux - 88 Acres is a healthy snack food company disrupting the notion that allergen free foods aren’t delicious!
3. Zagpass, Jonathan Corbin M'08 and Aaron Kolenda, Zagpass is EZpass for parking garages-the first car-based payment system. Garages save money and consumers save time.
4. Nourish Me Foods, Tina Hong M’12 – Nourish Me Foods offers personalized meal plans delivered to your home to help you Cleanse, Reboot, & Recover.
5. Yupstart, Eugene Hui M’13 and Elliott Wade – Yupstart's social platform transforms the crowd into a creative community in which project leaders and supporters work together to satisfy both funding and production goals with unparalleled flexibility.
6. AdaptiveAlgo, Sri Krishnamurthy M’11 – AdaptiveAlog offers smart pricing tools enabling energy companies to improve forecasting accuracy by 30 % with incentives for customers to save.
7. Quick Key, Isaac Van Wesep M’08 – Quick Key is a software that turns your digital device into an optical scanner using a 30-question answer key called Quick Ticket.
8. Zingfin (@ZingfinTech), Balaji Viswanathan M’14 – Zingfin provides a big picture of financial markets through statistical tools that help ETF investors visualizes patterns & trends.
9. Sensible Baby (@mysensiblebaby), Jose M. Galvez B'14 - Sensible Baby's Smart One uses a safe sensor-based technology to monitor babies' skin temperature, body position, and normal movements.
10. Car Care Check, (@carcarecheck), Noah Gordon M' 04 - 100% consumer-focused automotive maintenance authority that provides real-time automotive diagnostics for any car built since 1996.
11. Nyopoly, (@nyopolycom), Shawn Harris M'03- A members-only shopping experience where every price is personal. With Nyopoly, you negotiate your price on fabulous and unique finds in fashion, getting coveted styles on your terms.
12. Footnote, (@FootnoteMedia), Joesph M'09, Diana Brazzell, and Jon Warman - An online media outlet that showcases academic expertise. Footnote translates research created by the academic community into accessible and engaging content for a mainstream audience.
The 2013 MassChallenge finalists will be announced Wednesday, May 22, 2013.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value. For information, visit www.babson.edu