Our team is pleased to announce that Spoiler Alert is one of fourteen companies accepted into the spring cohort of Techstars Boston, one of the leading startup accelerator programs in the world.
Programs such as Techstars offer tremendous resources for early-stage, growth-oriented startups - including mentorship and financing support - that will help us take the power of our core marketplace platform and expand it to other major geographies in other parts of the country.
We are excited to be part of the 10th Techstars program in Boston and to follow in the footsteps of other notable foodtech and cleantech startups who call Beantown home, including Freight Farms and Ecovent.
The Spoiler Alert platform is easily scaled and will be expanding to other geographic regions following our New England launch late last year. Our initial group of users - more than 100 food businesses, farms and nonprofit organizations - have provided important feedback to improve Spoiler Alert’s functionality and user experience, making it as seamless as possible for organizations to find more optimal outcomes for food - no matter the type or quality.
Our acceptance into Techstars comes at a time when legislation across the country is 1) limiting commercial food businesses’ ability to send food waste to landfill, and 2) encouraging food donations through enhanced tax incentives. Much of this wasted food has value, yet businesses are often disconnected from surplus food and organic waste recovery organizations and lack a real-time solution for their waste challenges.
Spoiler Alert’s acceptance into Techstars comes three months after becoming one of the 2015 Winners of MassChallenge, the largest accelerator program in the world. Through MassChallenge, we were awarded a $50,000 grant and a $10,000 scholarship from the John W. Henry Family Foundation.
Be sure to subscribe to our newsletter to follow our progress over the next few months. Exciting times ahead for all involved!
More info on Techstars:
Techstars is a global ecosystem that empowers entrepreneurs to bring new technologies to market wherever they choose to live. With dozens of mentorship-driven accelerator programs and thousands of community programs worldwide, Techstars exists to support the world’s most promising entrepreneurs throughout their lifelong journey, from inspiration to IPO. Techstars provides access to tens of thousands of community leaders, founders, mentors, investors, and corporate partners, allowing entrepreneurs to accelerate the pace of innovation and do more faster. Techstars supports every stage of the entrepreneurial journey – from early stage grassroots community development to more formal opportunities that provide education, experience, acceleration, funding, and beyond. More information is available at techstars.com.
More info on MassChallenge:
MassChallenge runs startup accelerators designed to catalyze a global renaissance by connecting high-impact startups with the resources they need to launch and succeed. Anyone can apply to MassChallenge, with any early-stage startup, in any industry, from anywhere in the world. MassChallenge does not take equity or place any restrictions on the startups it supports. With programs in Boston, Israel and the UK, MassChallenge provides entrepreneurs with mentorship, office space, education, access to a vast network, and other resources during four months of acceleration. MassChallenge awards over $1.75 million in non-dilutive grants to the startups demonstrating the highest impact and highest potential. A nonprofit organization, MassChallenge is funded by corporate, public and foundation partners. More information is available at masschallenge.org.