MassChallenge styles itself as the world’s most start-up friendly accelerator, running three-to-four month programmes in five different countries and claiming a series of successes. The accelerator points to a study from MIT which found participation in MassChallenge doubles the chances of a start-up business raising significant funding and growing to the stage where it has at least 15 employees. The six shared a cash prize pool worth £100,000. The winners were:White LabWhite Lab, in the health and wellness sector, scooped MassChallenge’s £30,000 first prize. The business has developed a smart indoors allergen and air quality tracker that helps people improve the air they breathe.
Source: Forbes January 27, 2017 17:54 UTC