FYI, this is a really massive idea...
I'm delighted to have had
John Harthorne, co-founder and
CEO of the
Mass Challenge on my
MaximizingProgress.tv show. As John describes it, the Mass Challenge is an "annual Massachusetts state-sponsored Business Plan Competition to catalyze innovation and high-value job creation." This is a topic he knows something about having both won the
MIT $100K Entrepreneurship Competition and been co-lead of the
MIT Global Startup Workshop (GSW), the conference for business plan competition organizers. The Mass Challenge comes at a key point in this time of economic turmoil, and...
"...we will need to radically alter our economy and the types of businesses we generate and patronize. This is the perfect time to catalyze the enlightened, high-growth firms and industries of the future. We are therefore proposing the immediate launch of a $25M annual Massachusetts state-sponsored business plan competition across 6 categories: Life Sciences. IT, Software, and Gaming. Clean Technology and Energy. Social Development and Non-profit. Open Category, Seed Funding. Open Category, Expansion Funding"
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