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Members of the primary MassRobotics Accelerator cohort have a good time on the 2024 Robotics Summit & Expo.
A lot of probably the most impactful help for robotics startups occurs on the native degree. MassRobotics right now introduced the launch of its second MassRobotics Accelerator in partnership with the Massachusetts Expertise Collaborative.
After the success of the inaugural program, the companions mentioned the upcoming accelerator will help robotics entrepreneurs with programming, mentorship, and immersion within the MassRobotics ecosystem.
“Our inaugural program noticed large success, and this yr, we’re able to construct upon that basis,” acknowledged Marita McGinn, director of the MassRobotics Accelerator program. “With an expanded curriculum and deeper trade connections, the 2025 accelerator will empower one other cohort of robotics founders to push themselves and increase their companies.”
The appliance course of is now open, and the deadline for submissions is Oct. 25.
MassRobotics Accelerator builds on success
The second accelerator might be housed at MassRobotics headquarters in Boston’s Seaport Innovation District. The 13-week program gives entry to sources together with prototyping labs and professional steering to assist startups scale.
Ten robotics startups might be chosen for the accelerator, which is about to start on Feb. 3, 2025. These firms will profit from a curriculum that has been additional refined to handle the distinctive challenges confronted by robotics startups. This system will cowl important areas similar to worth proposition, buyer discovery, pitch supply, workforce constructing, and fundraising.
“Being a part of the MassRobotics Startup Accelerator has been essential for our progress at Robotics 88,” famous Erin Linebarger, CEO of Robotics 88, which has developed aerial drones to observe managed burns for land administration.
“We’ve got met an unbelievable forged of mentors who’ve develop into formal advisors in our firm,” she added. “The mentorship, sources, and connections we gained and the supportive community of founders this program created has helped us transfer ahead sooner and with extra confidence. It was a key step in getting our firm the place it’s right now.”
Program highlights:
- Non-dilutive funding: In keeping with its nonprofit mission, MassRobotics will present chosen startups with $100,000 in non-dilutive funding to allow them to give attention to progress with out sacrificing fairness.
- Individualized steering: Members can have entry to a community of seasoned mentors and trade specialists, providing invaluable insights into refining enterprise methods, navigating technical challenges, scaling operations, and getting ready for fundraising.
- World-class services: The accelerator will present entry to MassRobotics’ collaborative house, cutting-edge prototyping labs, and specialised gear. This consists of CNC machines, 3D printers, laser cutters, waterjet cutters, and extra.
- Business connections: Startups will achieve introductions and alternatives for partnerships with main robotics and AI firms, tutorial establishments, and authorities companies in Massachusetts, fostering potential collaborations and investor relationships.
- Startup Showcase: This system will culminate in a showcase on the Robotics Summit & Expo on April 30, 2025, the place taking part startups will pitch to buyers, trade leaders, and the tech neighborhood.
MassRobotics is a strategic companion of WTWH Media, which produces the Robotics Summit & Expo, RoboBusiness, and The Robotic Report.
MassTech collaborates to increase alternatives
This initiative continues to construct on MassRobotics’ legacy of fostering innovation inside the robotics sector. It additionally displays the continued dedication of Massachusetts Expertise Collaborative (MassTech) to advancing robotics in Massachusetts, mentioned the organizations.
“The Massachusetts Expertise Collaborative is worked up to be powering the MassRobotics Accelerator for the second yr with $100,000 per firm in non-dilutive funding,” mentioned Peter Haas, director of the Division of Robotics at MassTech. “We’re comfortable to see robotics startups establishing roots in Massachusetts to drive the expansion of our vibrant robotics ecosystem and advance innovation on this sector.”
MassRobotics mentioned its mission is to assist create and scale the subsequent technology of profitable robotics and AI expertise firms. It does this by offering entrepreneurs and startups with the workspace, sources, programming, and connections they should develop, prototype, check, and commercialize their methods.
Though the group is positioned in Boston, it helps robotics innovation and adoption globally. MassRobotics works with startups, academia, trade, and governments each domestically and internationally.