In the heart of South Boston Waterfront, MassRobotics continues to play a vital role in nurturing the region’s thriving robotics community. Not only does it serve as an incubator and import hub, but it is now poised to take on a new role as an accelerator. The highly-anticipated MassRobotics Accelerator has been officially announced, and applications are now open for this exciting 13-week program.
The MassRobotics Accelerator is specifically designed for early-stage robotics startups, with a particular focus on those involved in hardware, components, and applications. What sets this accelerator apart is the generous $100,000 in non-dilutive funding that companies accepted into the program will receive. The funding comes from MassTech, an organization dedicated to fostering technological advancements in the state.
During the program, the selected teams will have access to MassRobotics’ state-of-the-art facilities, equipped with cutting-edge tools such as CNC machines, laser and waterjet cutters, and 3D printers for hardware prototyping. Additionally, the site features Industrial Automation and Human Robot Interaction (HRI) labs, as well as a range of robotic hardware platforms. Noteworthy mentors will be available to provide guidance on both the technical and business aspects of the startups.
The application process for the MassRobotics Accelerator began on October 16 and will close at the end of November. The program itself will kick off on February 5, spanning four months and culminating in a demo day on May 2, held in conjunction with Boston’s renowned Robotics Summit & Expo.
While there is a preference for companies already based in Massachusetts, there is no strict quota limiting participation from outside the state. MassRobotics aims to attract the most innovative and promising companies, regardless of their location. However, companies from outside Massachusetts are required to demonstrate a commitment to the state for at least one year after completing the accelerator program.
Recognizing the importance of diversity in the industry, the MassRobotics Accelerator is placing significant emphasis on fostering a diverse pool of applicants. They are committed to ensuring the program represents individuals and companies from all walks of life, promoting inclusivity and breaking down barriers.
For those seeking to be part of this groundbreaking accelerator, the MassRobotics Accelerator is the go-to program for startups ready to revolutionize the robotics industry. Apply now and fuel innovation in the ever-evolving world of robotics.
FAQ:
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, access to cutting-edge facilities, and mentorship.
Q: What industries does the accelerator focus on?
A: The accelerator primarily focuses on hardware, components, and applications within the robotics industry.
Q: What funding is available to accepted companies?
A: Companies accepted into the program will receive $100,000 in non-dilutive funding from MassTech.
Q: When does the program start and end?
A: The program begins on February 5 and concludes with a demo day on May 2.
Q: Is the program only open to companies based in Massachusetts?
A: While there is a preference for Massachusetts-based companies, the accelerator welcomes applications from outside the state as well, as long as there is a commitment to Massachusetts for one year post-accelerator.
Q: What emphasis does the accelerator place on diversity?
A: The MassRobotics Accelerator is committed to fostering diversity in the industry, aiming to create an inclusive program that represents individuals and companies from all backgrounds.