Boston Entrepreneur Olympics goes for gold

Written By Unknown on Senin, 22 Juli 2013 | 03.08

Don't necessarily expect any new world records to be set at Boston's inaugural Entrepreneurs Olympics on Aug. 1. But do expect fun — and for a good cause.

There will be basketball, volleyball, a 5K race and high jump.

But for $20, you can also watch the less athletically inclined vie for first place at typing, tug-of-war, remote-control helicopter races, blind-folded baby-food tasting and bowling with human inflatable orbs.

"It's not about athletic ability," said Erica Rife, program director for the start-up accelerator MassChallenge, one of the event's partners. "It's about coming together as a team to do something for the greater good."

Sasha Hoffman, head of strategy and partnerships at the online payment company Plastiq, got the idea at a charity wine party last January.

"I thought there's really no event that brings together people's different talents," said Hoffman, who also is on the board of Build Boston, a nonprofit that uses entrepreneurship to propel disengaged, low-income students through high school to college. "I thought it would make sense to do a benefit for (Build)."

Plastiq teamed up with MassChallenge, TUGG, the New England Venture Capital Association and T3 Advisors to organize the event, setting $50,000 as their goal, said David Brown, executive director of TUGG, which raises funds for early-stage nonprofits.

By Friday, they had raised $43,000 and had signed up 300 participants, charging $40 for individuals, $500 for teams of 10 and $1,000 for teams of 20, Hoffman said.

But Build also hopes to recruit mentors at the event for the 200 young entrepreneurs it will have in September in Boston schools, said regional executive director Ayele Shakur.

The Entrepreneurs Olympics will be held from 5:30 to 8:30 p.m. at the Reggie Lewis Track and Athletic Center at 1350 Tremont St. in Roxbury Crossing.

But if you miss out, all is not lost.

"We're absolutely planning to have one next year," Hoffman said, "and to make it even bigger."


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