MassChallenge Switzerland is a leading startup accelerator that provides equity-free support to early-stage startups across various industries, offering mentorship, networking, and substantial cash prizes to drive innovation and growth.
MassChallenge Switzerland, established in 2016, is a premier startup accelerator dedicated to supporting early-stage ventures across diverse industries. As part of MassChallenge's global network, it provides startups with unparalleled access to resources, mentorship, and corporate partnerships, all without taking any equity.
Programs Offered
- Early-Stage Accelerator: This flagship program accepts startups from any industry, with specialized tracks in Sustainable Food, Sustainable & Efficient Industry, and HealthTech. Participants benefit from mentorship, tailored programming, and the opportunity to compete for non-dilutive cash prizes.
- Sustainable Food Solutions Challenge: A challenge program that matches later-stage startups with corporate partners in the food industry to drive sustainable innovations.
Eligibility Criteria
- Early-Stage Startups: Typically, startups with less than $1M in equity-based funding and less than $2M in annual revenue are eligible. However, exceptions can be made for startups that can significantly benefit from the program.
- Climate Responsibility: Startups should offer solutions that are environmentally responsible and add value to society.
Program Benefits
- Equity-Free Support: MassChallenge takes no equity or fees from participating startups, ensuring founders retain full ownership.
- Mentorship and Networking: Access to a vast network of over 400 mentors, industry experts, and corporate partners.
- Non-Dilutive Cash Prizes: Startups compete for a share of up to CHF 1 million in cash prizes, awarded without equity stakes.
- Tailored Programming: Customized curriculum designed to address the unique challenges faced by startups in different industries.
Application Process
Applications for the Early-Stage Accelerator typically open annually, with the next cycle beginning on January 15. Interested startups can apply through the MassChallenge Switzerland website.
Success Stories
Since its inception, MassChallenge Switzerland has accelerated over 950 startups across multiple industries, which have collectively raised more than $2 billion in funding.