MassChallenge Awards $1 Million to 16 Startup Winners

Meg Rayford Oct 24, 2012 Tweet

MassChallenge, a Boston-based startup accelerator, awarded a total of $1 million to sixteen startups Tuesday night. Winners range from a job networking site for military personnel, to the creator of an ergonomic vest to prevent lifting injuries.

The top four companies won $100,000 each, and 12 additional startups received $50,000 each. This MassChallenge marks the third annual competition.

This year, 1,237 applicants from 35 countries entered the competition. From these entries, a panel of more than 300 judges selected 125 finalists. These finalists participated in a four-month accelerator program, scoring free office space, legal support, and networking opportunities with potential investors.

The winners were revealed at an awards ceremony last night. Here is a look at this year’s MassChallenge winners:

$100K Diamond Winners:

Global Research Innovation & Technology scales technologies for the developing world.

LiquiGlide helps you get the last little bit of ketchup out of the bottle.

Rally Point connects military professionals for networking opportunities.

Strong Arm is an ergonomic lift assisting vest to prevent injuries.

$50 K Gold Winners:

Bounce Imaging lets soldiers and first responders see into hazardous environments remotely.

BuySideFX is a streamlined FX currency management platform.

CoachUp helps athletes find private coaches around the country.

Dynamo Micropower uses turbine technology to commercialize small, portable generators.

Guided Surgery Solutions helps dentists perform computer-guided surgeries.

IntegralReach compiles data and creates algorithms to aid in advertising placements.

Lab Automate Technologies develops cost-effective automation solutions for multiple industries.

Lovin’ Spoonfuls is a nonprofit that facilitates the “rescue” and distribution of perishable foods.

Ministry of Supply is creating the next generation of business apparel for men.

NBA Math Hoops creates education tools – fueled by the fun of the NBA – to improve math literacy among urban youth.

Nordic Technology Group builds health monitoring products that help aging people live safely at home.

Recovers.org organizes volunteers, donations, and information in the aftermath of a disaster.