The Ashored founders: Aaron Stevenson, left, Ross Arsenault and Maxwell Poole. (Photo courtesy Peter Moreira, Entrevestor.com)
Saint Mary’s alumni Ross Arsenault BComm'17, MTEI'18 and Aaron Stevenson MTEI'19 along with partner Max Poole BComm'17 on their company, Ashored, have won $75k USD Platinum win at the MassChallenge in Boston.
The company was selected back in May as the sole Canadian company to enter the well-recognized accelerator program, one of 100 start-ups competing for funding.
"Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas, MassChallenge strengthens the global innovation ecosystem by accelerating high-potential startups across all industries, from anywhere in the world for zero-equity taken." - MassChallenge.org
The MassChallenge Boston program provides training, collaboration space, connections to experts and mentors and is zero cost. Cash prizes are for zero equity. This isn't Dragon's Den, this is money to drive business growth, free of obligations.
Ashored Innovations were one of 12 companies awarded on October 24. Over $1 million USD in zero-equity prizes were awarded, provided via partnerships MassChallenge has with Boeing and the International Space Station National Lab.
This competition plants another flag in the Boston startup ecosystem, which Sobey School's Venture Grade and MTEI have been making inroads into for the last several years.
Ashored adds the winnings to their growing funding pool, including a recent $30,000 investment from Sobey School's Venture Grade group.