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Regional Economic Development

MassChallenge Secures Renewed Grant, Names Dallas Second U.S. HQ

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MassChallenge Secures Renewed Grant, Names Dallas Second U.S. HQ

Dallas – – September 29, 2026 -- MassChallenge, ranked the No. 2 accelerator in the U.S. by TIME and Statista, has named Dallas its second U.S. headquarters, backed by a renewed two-year grant from Lyda Hill Philanthropies. The investment extends a five-year partnership at Pegasus Park and will fund two ten-week accelerator tracks in Health & Life Sciences and Security & Resiliency, plus Founder Access Clinics connecting early-stage founders with academic, clinical and corporate stakeholders.

Texas applications to MassChallenge grew more than fivefold since 2022

Texas-based applications to MassChallenge's national programs have risen over five times since 2022, while annual innovation-event attendance approaches 1,000. The grant will also support INNOVATE '26, MassChallenge's flagship Dallas convening scheduled for November 17 at Pegasus Park.