Meetcaregivers, Inc., a Newton-based startup helping families find in-home caregivers for their aging loved ones at up to 50% less than the cost of traditional agencies, will gain access to expert mentors and industry resources as part of the robust startup community participating in the four-month MassChallenge 2015 accelerator program in Boston this summer. The company joins a group of 128 finalists in Boston selected from more than 1,600 applicants. The finalist companies will compete for more than $1.75 million in cash awards and more than $10 million in-kind support.
“We are excited to have been selected to participate in MassChallenge 2015,” said Florence Furaha, Meetcaregivers CEO. “We are ready to scale and are confident that participating in MassChallenge will help us gain the contacts, visibility, and support we need to grow the business and help more seniors age at home.”
Chosen as one of 28 startups in the “social impact” category in Boston, Meetcaregivers is helping to make it easier and more affordable for the growing senior population to age in the comfort of their own home rather than move to an assisted living facility or nursing home. The company is also helping caregivers find independent work assignments and earn better wages than what they would typically make working for a traditional home healthcare agency.
Meetcaregivers.com uses online and video technology to help families safely find and connect with qualified caregivers for their aging loved ones at up to 50% less than the cost of traditional agencies. Families can go to www.meetcaregivers.com and watch one to three-minute videos of caregivers in their area talking about their experience, skills, background and availability. The videos help families get to know the caregivers before scheduling interviews. Easier and safer than job boards such as Craigslist and Care.com, Meetcaregivers pre-screens the caregivers and handles payments and insurance, so families never have to worry.
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. To date, the 617 MassChallenge alumni have raised over $950 million in funding, generated $486 million in revenue and created 5,104 jobs. For more information, visit www.masschallenge.org.
Top MassChallenge Boston partners include: Jamestown, Fidelity Investments, Verizon, the Richard and Susan Smith Family Foundation, CASIS, the Commonwealth of Massachusetts, The Deshpande Foundation, The Biscay Government, The Boston Foundation, Combined Jewish Philanthropies of Greater Boston, Bühler, American Airlines, Boehringer Ingelheim, Bose, EMC, Henkel, iNNpulsa Colombia, Microsoft, PepsiCo, Pfizer, Smith & Nephew, Thomson Reuters, Turnstone, WGBH Boston, UMass Amherst, and Zapopan.