RadioBDC Logo
One More Minute | Capital Cities Listen Live
 
 
< Back to front page Text size +

MassChallenge Profile: MassChallenge Israel

Posted by Chad O'Connor  October 26, 2013 06:00 AM

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

[Editor's Note: This week we are featuring MassChallenge startups as the anticipation builds towards next week's MassChallenge Awards Ceremony]

Another installment in our ongoing series to help innovative MassChallenge companies get the word out about what they offer and get connected with what they need to thrive.

With the 2013 MassChallenge Awards Ceremony coming up on October 30, I’d like to take a moment to reflect on one of MassChallenge’s major initiatives in 2013: MassChallenge Israel.

In 2009, John Harthorne and Akhil Nigam founded MassChallenge with a vision to catalyze a global startup renaissance - a rebirth of inspired, creative innovators who strive to create new value for the world. In our first year, MassChallenge saw applications from over 35 countries, but the idea of a global renaissance extended beyond application interest. Geographic expansion has long been a part of the MassChallenge vision and Israel was identified as the first node for that international expansion outside of Boston.

In late 2012, we launched MassChallenge Israel in Tel Aviv. With the tremendous support of EMC Corporation, The Kraft Group and the New England Israel Business Council, we set out to enable top-tier Israeli startups to access global markets by connecting them with the very best people and organizations in the Boston entrepreneurial ecosystem.

I was fortunate to join the MassChallenge team three years ago when I only was 19 years old and a freshman at Northeastern University. My first co-op was with MassChallenge in Boston as their Startup Concierge. I caught the startup bug in that role and it triggered a passion for supporting entrepreneurs and contributing to the global startup community.

In January of this year, I moved to Tel Aviv as the co-founder of MassChallenge Israel to lead the program’s daily operations. As the Awards Ceremony approaches I am proud to see that in the first year of the program, MassChallenge was able to support seven high-growth startups, bringing them from Israel to Boston for this summer’s accelerator: Greenvolved, MedAware, Mobistine, Piplsay, Pixtr, Vecoy Nanomedicines and Wizeo.

Vecoy Nanomedicines is also one of MassChallenge’s top 26 companies, and will pitch in front of the crowd of 1,000+ at the Awards Ceremony. Erez Livneh, Vecoy’s founder and CEO, applied to MassChallenge Israel and moved to Boston with his team member Ron Meir for the opportunity to accelerate their growth in this global hub of healthcare and biotechnology. In four short months, the Vecoy launched their first pilot, engaged in R&D partnerships, built collaborations with local universities and corporations, and now have a second home for their business here in Boston.

I couldn’t be more grateful to have this unique opportunity to help launch such a massive initiative. It’s been a combination of hard work, little sleep, amazing partners, and a lot of passion that built MassChallenge Israel.

While next Wednesday we will award nearly $1.5 million in grants to a handful of winners, MassChallenge is much more than those awards. The real winners are the nearly 500 startups that have participated in the accelerator since it’s inception in 2010. They are those companies from Colombia to Switzerland, India to Israel who have been able to access partners and resources that they would have otherwise never been able to access without the 350+ MassChallenge mentors.

And, in my opinion, the real winners are people like me – young people who have been able to help lead this global startup community and pursue unprecedented opportunities to be part of the global startup renaissance that John and Akhil envision.

Cory Bolotsky is a student at Northeastern University and is Co-Founder & Director of Operations of MassChallenge Israel, which launched in 2013 as the first official MassChallenge program outside of Boston. The mission of MassChallenge Israel is to enable top-tier Israeli startups to access global markets by connecting them with the very best people and organizations in the Boston entrepreneurial ecosystem.

This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

ABOUT GLOBAL BUSINESS HUB
Boston World Partnerships' expert "Connectors" discuss business strategy, entrepreneurship, Boston's place in the world economy, and much more. Using their insider perspective, they illuminate how Boston's innovative companies start, grow, scale, and go global.

Meet Boston's coolest, smartest and most dynamic founders in our REEL Innovators video series!
archives