The Innovation Institute at the Massachusetts Technology Collaborative and Lever have announced the Connect Tech Innovation Challenge, the fourth in a series of innovation accelerator programs to identify and grow innovative solutions to challenges presented by COVID-19.
While previous editions of the Challenge series focused on individuals working on innovative products at mature companies, the Connect Tech Innovation Challenge will focus on entrepreneurs and start-ups. Entrepreneurs will complete a six-week acceleration program to develop and grow COVID-inspired innovations that have potential to spark economic recovery and strengthen the flow of goods, services, and information. The Connect Tech innovations developed will enhance resiliency against future disruptions in industries including eCommerce, manufacturing, digital health, fintech and edtech.
The program culminates with a final pitch competition on April 9, where a panel of expert judges will award $40,000 to the winning startup-up and $10,000 to the runner up.
Applications are now open to Massachusetts-based companies that are less than two years old, have less than $500,000 in annual revenue, and are developing products or services that focus on “connection technologies.” Over the past year, we have seen widespread implementation of new connection technologies like contactless payment systems, telemedicine, and smart contracts. Much of this connective infrastructure is here to stay and 2021 presents opportunities for additional advances. Submissions should highlight the commercial opportunity that exists and show the potential to create high-quality jobs in Massachusetts.
Applications are due February 19th and finalists will be selected by Feb. 26. To learn more and apply: https://innovation.masstech.org/challenge