MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.
Producer of plant-based protein intended to decarbonize supply chains by creating valuable products from underutilized waste from other industries. The company offers a sustainable plant-based protein that is produced from spent grains by transforming the unused part of the grain from beer manufacturing into functional vegan protein, enabling clients to get products that replace the need for soy and pea protein in meat and dairy replacements
ALP Technologies
Non Equity Assistance in 2020
ALP Technologies is a renewable energy engineering start-up from London. It focuses on developing renewable energy technologies for the developing world. Since founding in 2015, it has won multiple awards and funded research and development projects such as advanced battery systems on recycled cells, novel biogas generation, and power electronic and control systems. Its small-scale power plant for developing regions uses solar, bio-ethanol, and agricultural waste to generate uninterrupted electricity. It aims to displace diesel generation and fossil fuel based power plants and leapfrog grid infrastructure in the developing world.
Biomicrogels Group
Grant in 2016
Biomicrogels Group is a developer and patent holder of biomicrogels, innovative materials derived from agricultural waste such as sugar beet, apple, and sunflower pomace. The company focuses on addressing global environmental and climate change challenges through its biomicrogel-based solutions, which are effective in various applications including produced water treatment, cutting fluid separation, vegetable oil extraction, and cleaning oil spills on land and at sea. Additionally, Biomicrogels Group manufactures a range of eco-friendly household cleaning products under the brand WONDERLAB. Their technology features nanoscale organic polymer particles that possess surface-active properties, enabling them to encapsulate and separate mineral and vegetable oils and fats from water or solid surfaces, thereby facilitating efficient purification and recycling processes.
E-POL
Grant in 2012
E-POL has developed a process allowing waste glycerin from biodiesel production to be turned into a variety of products.
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