Richi Social Entrepreneurs and ACTION Announce Partnership

December 1, 2017

Richi Social Entrepreneurs (RSE) is an initiative of the Richi Childhood Cancer Foundation whose mission is to accelerate the success of life sciences, healthcare and cleantech startups from around the world by connecting them with key players and introducing them to the many assets available within the Boston innovation ecosystem. To accomplish this, RSE runs a three-week immersion bootcamp in Boston in which startups have the opportunity to embrace best practices from the Massachusetts ecosystem, connecting and interacting with potential clients, investors, strategic partners, and local top-notch industry experts who will lead them to potential business synergies. In 2018, RSE and ACTION are teaming up to present the October edition of the Boston Immersion Program, to provide and enhanced experience for the international entrepreneurs.

Ernest Lara, Executive Director at Richi Social Entrepreneurs says: "There are great projects with outstanding technologies in Europe and overseas that would speed up their development if they build a presence in Massachusetts. Our startups have realized that the culture and access to talent, capital and networks here provide a unique environment both to validate business/technical assumptions as well as to accelerate implementation. We are positioning our program as the best methodology to support healthcare and cleantech startups from overseas in their process of making the most out of the main innovation ecosystem worldwide: Massachusetts. Now thanks to the partnership with ACTION, we not only make the program stronger and expand the network, but also get healthcare and cleantech startups from all over the world closer to the main networks where business and investment happen in Massachusetts."

ACTION will assist in the recruitment of international startups for the program through a call for projects from its international partners and connections worldwide. At the program's completion,entrepreneurs will be offered the opportunity to establish a US presence within the ACTION network of technology business incubators.