Ivey Publishing
Masschallenge, Inc.: Launching a Non-profit Business Accelerator (A)
Product Number:
9B13M013
Publication Date:
02/11/2013
Revised Date:
02/06/2013
Length:
13 pages (7 pages of text)
Product Type:
Case (Field)
Source:
Northeastern University
MassChallenge Inc. is a large non-profit startup accelerator that connects new ventures with other stakeholders within an established business ecosystem. For this new company to engage stakeholders in the numbers envisaged and create a crowd-sourced deal management system, the founders need to develop a model that brings in as many quality or attractive startups as possible. Instead of taking equity in participating ventures as traditional accelerators do, MassChallenge focuses on developing a marketplace for stakeholders to gain access to startups and for startups to access the resources provided by investors and other stakeholders, including government; angel investors, venture capitalists and lawyers; and businesses, foundations and universities. The founders also need to find ways to build MassChallenge through possible expansion and funding opportunities.
Learning Objective:
  • To introduce students to startup accelerators.
  • To understand what is needed to develop a non-profit ecosystem.
  • To examine the unique organizational challenges of sustainably running an accelerator with a non-profit model.
Issues:
Disciplines:
General Management/Strategy,  Entrepreneurship
Industries:
Social Advocacy Organizations
Setting:
United States, Small, 2010
Intended Audience:
Undergraduate/MBA
Price:
$4.25 CAD / $4.25 USD Printed Copy
$3.75 CAD / $3.75 USD Permissions
$3.75 CAD / $3.75 USD Digital Download
Associated Materials
Supplements: 9B13M014 (2 pages)
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