300 businesses, out of 1,237 that applied, have made it to the semi-final round of judging at this year's Mass Challenge - and 14 of them are started by Babson alumni and students!

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14 businesses started by Babson College alumni and students have made it to the second round of judging at the 2012 Mass Challenge, out of 1,237 businesses that applied.

300 businesses were selected to move forward in the competition through a scoring process comprised of endorsement points, public ratings and judges scoring (each application is reviewed by three judges).

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. AdaptiveAlgo – Sri Krishnamurthy, M ‘13 - Smart pricing tools for energy companies to improve forecasting accuracy
  2. AltruHelp, Inc. – Matthew Paisner, M ‘12 - Inspiring social good by re-engineering how companies and people give back
  3. AppPlatter - Ajit Verghese, M’09 - distributor of 3rd party apps to hospitality/retail merchants via Point-of-Sale partnerships
  4. Atomic Tower – Brian LeBlanc, M’10 & Sarah Best, M‘10 - web reporting engine that allows use of the cloud without losing access to the data that makes you successful
  5. Care Continuum – Bipin Mistry, M'12 & Tim Walls, M’12 - Software platform + patient education apps + portal, that transforms the hospital discharge process
  6. COUN/SOUL – Ursula Liff, M’09 - connects mid-level professionals to experienced coaches who will help them find/develop career purpose
  7. Klypper Inc. – Farnaz Bakhtari, M‘09 - a mobile video platform that uses drawing, text, and emoticons to create engaging, interactive experiences
  8. Memory on Hand – Andrew Kitzenberg, ‘09 - develops and delivers technology accessories for active students of the mobile generation
  9. Pegasus Performance – Jason Dieffenbacher, M’08 - produces patent-pending garments to reduce injuries from bike crashes
  10. recruiterbox – Raj Sheth, ‘03 - a tool to receive and manage job applications sent to your company
  11. Stable Solutions – Marissa Stashenko, M’12 - easy-to-use mobile software that revolutionizes the horse management industry
  12. Sweet Corn Tortilla Chips – Cameron Sheldrake, ‘12 - first chips made with real sweet corn on the cob and organic white corn that is Gluten free, kosher, Youthtrade and non GMO certified
  13. The Brain Studio – Reena Chawla, M’13 - Brain fitness, delivered
  14. Wanderu – Polina Raygorodskaya, ‘08 - Kayak-like ground travel search that lets consumers find and book intercity-buses and trains
Finalists for the cohort of 125 businesses will be announced May 29th.
Visit the competition timeline here: http://masschallenge.org/accelerator/timeline.

By Nancy Sullivan, | 05/15/2012 09:40