This year’s class comprises 58 startups, at least 17 of which are based in Austin.

MassChallenge, a nonprofit startup accelerator that helps entrepreneurs launch their new ventures, will be launching its 2020 Texas programs in Austin on Jan. 29.

Out of 14 startups competing for $500,000 in equity-free investment from MassChallenge Texas in Austin, five startups emerged on top last night at the accelerator’s awards ceremony.