MassChallenge was named a top U.S. accelerator in the 2016 annual Seed Accelerator Rankings. The ranking were announced Friday, March 11 at South by Southwest (SXSW) in Austin, TX.
The Seed Accelerator Rankings Project relies on various metrics, including the appraisals of participating startups, the amount of funding raised by each startup, the startups’ survival rates, and ratings provided by program graduates.
The rankings team is led by entrepreneurship and management experts including Yael Hochberg, an entrepreneurship professor at Rice University’s Jones Graduate School of Business and researcher with the Massachusetts Institute of Technology (MIT) Innovation Initiative Lab for Innovation Science; Susan Cohen, an assistant professor of management at Richmond’s Robins School of Business; and Dan Fehder, a PhD candidate at the MIT Sloan School of Management. All three team members are former entrepreneurs turned academics.
More than 150 accelerator programs were invited to participate this year. To be invited to participate in the rankings, accelerator programs had to meet the definition of an accelerator. Programs had to be fixed-term, cohort-based startup “boot camps” that include educational and mentorship components and culminate in public pitch or demo day. They accelerator programs also had to have graduated at least one cohort and have more than 10 startup graduates.
The Seed Accelerator Rankings research team also surveyed nearly 1,000 accelerator programs graduates to gauge satisfaction.
The top accelerator programs in this year’s ranking are:
- 500 Startups
- Amplify LA
- Chicago New Venture Challenge
- MuckerLab, Techstars
- Y Combinator
- Capital Innovators
- Iron Yard
- Lighthouse Labs
- Plug and Play
- Zero to 510
For more information about the Seed Accelerator Rankings Project, visit www.seedrankings.com.