AccelerateMass - Program Background

Program Background

AccelerateMass was created to serve as a resource for recent accelerator graduates to allow them to reach a stage where they can reach commercial milestones and successfully obtain private investment funding. The goals of the program are to:

  • Provide additional funding opportunities for early stage companies to support commercial development;
  • Help to build on a company’s momentum by providing a runway from the accelerators to an early stage financing round;
  • Encourage cleantech startups to apply to accelerator programs;
  • Improve the rate of success for cleantech companies graduating from accelerators;
  • Assist out-of-state companies relocating to Massachusetts; and
  • Attract private capital to earlier stage companies.