MassChallenge

MassChallenge runs large-scale, equity-free accelerator programs with cash prizes and corporate connections. It targets high-impact startups across multiple locations. Compared to Y Combinator's $500k investment model, MassChallenge removes equity dilution while still offering mentorship and Demo-style events. Its strengths are volume and non-dilutive capital, making it attractive for founders who want YC-like structure without the investment terms or intense SF residency.