MassRobotics, a bustling incubator and import hub for Boston’s vibrant robotics community, has exciting news to share. The non-profit organization is set to launch the MassRobotics Accelerator, a 13-week program aimed at supporting early-stage robotics startups. This accelerator specifically targets companies operating in hardware, components, and applications within the robotics industry.
The MassRobotics Accelerator is unique in its approach, as it offers $100,000 in non-dilutive funding to companies accepted into the program. This generous funding is provided by MassTech, an organization dedicated to fostering technology growth within the state.
To further support the startups, MassRobotics will provide access to their state-of-the-art facilities. Participants will have access to cutting-edge tools for hardware prototyping, such as CNC machines, laser and waterjet cutters, and 3D printers. Additionally, the incubator offers Industrial Automation and Human Robot Interaction (HRI) labs, as well as various robotic hardware platforms.
The application process for the MassRobotics Accelerator began on October 16 and will close at the end of November. The accelerated program will commence on February 5, leading up to an exciting demo day on May 2, held in conjunction with Boston’s Robotics Summit & Expo.
One distinguishing feature of this program is its flexible geographical requirements. While a “strong preference” is given to companies based in Massachusetts, there is no specific quota. The focus remains on attracting the most innovative and promising startups to participate. However, companies from outside of the state must demonstrate a commitment to Massachusetts for at least one year after completing the accelerator.
Promoting diversity within the robotics industry is also a key objective of the MassRobotics Accelerator. The program aims to create an inclusive environment and welcomes applications from diverse backgrounds and perspectives.
With the launch of the MassRobotics Accelerator, Massachusetts solidifies its position as a leading hub for robotics innovation and entrepreneurship. This new program represents a significant opportunity for startups to receive funding, access cutting-edge facilities, and gain invaluable industry mentorship.
Q: What is the MassRobotics Accelerator?
A: The MassRobotics Accelerator is a 13-week program designed to support early-stage robotics startups, providing them with funding and access to state-of-the-art facilities.
Q: What types of companies does the accelerator focus on?
A: The accelerator specifically targets startups operating in hardware, components, and applications within the robotics industry.
Q: How much funding is provided to accepted companies?
A: Companies accepted into the accelerator receive $100,000 in non-dilutive funding.
Q: When does the program begin?
A: The program commences on February 5 and concludes with a demo day on May 2.
Q: Is the accelerator limited to Massachusetts-based companies?
A: While there is a preference for Massachusetts-based companies, the program welcomes applications from companies nationwide and internationally. However, out-of-state companies must demonstrate a commitment to Massachusetts for at least one year post-accelerator.
Q: Is diversity a priority for the accelerator?
A: Yes, the MassRobotics Accelerator actively seeks to promote diversity within the robotics industry and encourages applications from diverse backgrounds and perspectives.