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MassChallenge
MassChallenge is a global, zero-equity startup accelerator, founded in Boston, Massachusetts in 2009. MassChallenge is headquartered in Boston's Seaport District in the Innovation and Design Building, and has additional U.S. locations in Texas and Rhode Island, as well international locations in Israel, Mexico, and Switzerland. History MassChallenge co-founders John Harthorne and Akhil Nigam were working as strategy consultants at Bain & Company during the global financial crisis in 2008 when they developed MassChallenge. MassChallenge secured early support from successful entrepreneurs like Desh Deshpande and Joe Fallon, the public sector including Thomas Menino the then-Mayor of Boston and the Commonwealth of Massachusetts, and large organizations like The Blackstone Charitable Foundation and Microsoft. During its first Boston-based cohort in 2010, MassChallenge accelerated 111 startups. Notable alumni *JoyTunes, a music app producer * Drync, a wine mobile app for iOS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RallyPoint
RallyPoint is a privately held American company founded in 2012 by military veterans Yinon Weiss and Aaron Kletzing at Harvard Business School. The company is a professional network serving the US military and its veterans, and has been called "LinkedIn for the military,". The community allows current military members and veterans to connect, explore career opportunities both inside and outside the military, and engage on topics important to the military. In April 2012, RallyPoint won $10,000 for placing as runner-up in the Harvard Business School Business Plan Competition and on October 23, 2012, RallyPoint won $100,000 from MassChallenge after competing against over 1,300 other ventures. The company raised private funding after both of these events. RallyPoint was launched out of the Harvard Innovation Lab at the Harvard Business School, and is currently headquartered in Waltham, Massachusetts. History The company's two co-founders, Yinon Weiss and Aaron Kletzing, first met ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moneythink
Moneythink is an American educational non-profit organization that aims to increase the financial capability of American youth by training college volunteers to serve as financial mentors for low-income high school students. The organization is self-described as "the only movement of young people working to restore the economic health of America through financial education." Moneythink's curriculum involves the use of a mobile app to help students demonstrate their financial skills. In 2014, Moneythink began licensing this technology to other partners as a means of providing more students with financial empowerment tools. Over the course of the year-long Financial Capability Curriculum, mentors teach weekly classes covering a wide range of basic financial practices and business strategies. The program also offers pre-professional activities for students to engage in, including business pitching competitions, job shadows, and visits to professional workplaces. History Moneythink be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Freedom Chair
The Leveraged Freedom Chair (LFC) was an all-terrain wheelchair made from bicycle parts. History Amos Winter, a PhD graduate from MIT, travelled to Tanzania during his work, and found that conventional wheelchairs are inadequate in areas without wheelchair accessible roads and buildings. He and his students from his mechanical engineering class worked together on the development of the project. The tests of the LFC were conducted in East Africa, Guatemala and India. Description In addition to a normal wheelchair push rim, the wheelchair had a lever drivetrain that let the user grip the lever far from the wheel for high torque on rough terrain. The levers could be removed and stored on the chair, allowing it to be used like a normal wheelchair indoors. The wheelchairs were designed to be produced at low cost from commonly available bicycle parts, and to be repaired and maintained at local bicycle shops. The chair was developed by a group called Global Research Innovation & Techn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IR ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone," using a cryptogram derived from the names of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Boston
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entrepreneurship Organizations
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While def ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organizations Based In Boston
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Supply (clothing)
Ministry of Supply is a Boston-based business wear men's and women's fashion brand launched in 2012 and founded by former Massachusetts Institute of Technology students using some of the same temperature regulating material as NASA astronauts in their clothing. The company currently sells the majority of their clothing online and currently has brick and mortar retail locations in Washington D.C., San Francisco, New York, Santa Monica, Boston, and Chicago. History The company is named after the Ministry of Supply, a British government department that was formed in 1939 to coordinate the supply of equipment to all three branches of the armed forces during World War II. After a year of product development and small-scale sales in the spring of 2012, the company decided to conduct a Kickstarter campaign to fund the creation of a synthetic knit-blend dress shirt with heat and moisture management, odor control, and offered a full range of motion. The campaign raised over $400,000. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LiquiGlide
LiquiGlide is a platform technology which creates slippery, liquid-impregnated surfaces that was developed at the Varanasi Research Group at Massachusetts Institute of Technology by Prof. Kripa Varanasi and his team of students and post doctorals Dave Smith, Rajeev Dhiman, Adam Paxson, Brian Solomon, and Chris Love. Possible applications include improving the flow rate of condiment bottles to avoid food waste, and preventing clogs in gas and oil tubes. The project came in second place in the Business Plan Contest and won the Audience Choice Award at the 2012 MIT $100K Entrepreneurship Competition The MIT $100K Entrepreneurship Competition is a student-managed business plan competition, where undergraduates and postgraduates from various programs and all levels at the Massachusetts Institute of Technology ( MIT) organize and enter the comp .... The company has also raised $25M from investors including Roadmap Capital, Structure Capital, Valia Investments, and Struck Capital. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Her Campus
''Her Campus'' is an online magazine targeted at the female college student demographic. Content in the magazine is written by more than 7,000 contributors from more than 400 campus chapters located in nine countries. The magazine was founded in 2009 by three Harvard University undergraduates: Stephanie Kaplan, Windsor Hanger Western, and Annie Wang. The women met in 2007 while working on a separate Harvard online publication. In November 2010, ''Glamour Magazine'' honored the women at its Women of the Year Awards ceremony, where they were presented with the Amazing Young Women Award from Chelsea Clinton. Historical background In January 2009, Kaplan, Hanger, and Wang entered the i3 Innovation Challenge sponsored by Harvard Student Agencies, the Technology and Entrepreneurship Center at Harvard, and the Harvard College Forum. The Challenge develops, showcases, and rewards innovative business ventures presented by students. The team of women proposed a national online magazine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drync
Drync is a wine mobile app for both iOS platforms developed by Drync LLC. The company was founded by Brad Rosen and Bill Kirtley. It is primarily a mobile software application that helps users to discover and buy wine. Drync mobile app provides reviews and comments for wines listed in its database. It claims to search about 10 databases including WineZap, Wine Searcher, and Snooth (which has its own app) through its wine search, discovery, and cellar management tool. The application allows users to scan a bottle's label, and it show pricing and ratings, as well as a place to make tasting notes on when wine was sipped. Drync LLC raised $900,000 from angel investors including Mark Hastings, Andrew Moss, and Jack Remondi. Versions The first version was launched in 2008 and a new version was launched on 14 August 2014. References {{reflist iOS software iOS (formerly iPhone OS) is a mobile operating system created and developed by Apple Inc. exclusively for its hardware. It i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
