Startx stanford serial#
It's inspiring to see how StartX and the Stanford entrepreneurship ecosystem continue to grow, while remaining true to its mission of taking no equity from its entrepreneurs."įounded by Cameron Teitelman in 2009 as a student-run organization, StartX has grown to be a self-sustaining, professionally-led organization with a mix of highly-successful serial entrepreneurs, Professor-in-Residence founders and industry-leading Stanford alumni founders building companies to solve real-world problems. “StartX not only has energized Stanford students and alumni, but also over 50 tenure-track Stanford faculty as well. “StartX has proven that as a nonprofit, it can create an ecosystem that empowers the Stanford community to mentor successful entrepreneurs, who in turn contribute to society through groundbreaking technology and medical innovation,” stated Jerry Yang, Stanford Board of Trustees Member and Co-Founder of Yahoo. Founders will showcase everything from the latest medical breakthroughs and FDA approved products coming out of StartX Med, to StartX company demos of digital applications, AI, virtual reality products and social impact innovations for campus members attending the event. PALO ALTO, Calif.-( BUSINESS WIRE)- StartX, a nonprofit startup community of more than 1300 Stanford alumni and faculty founders, will celebrate 10 years of supporting Stanford’s top entrepreneurs with a special 10th Anniversary Campus Demo Day Expo on Septemfrom 12:30 to 4:30pm in the Stanford Graduate School of Business CEMEX Auditorium. "Stanford University Is Going To Invest In Student Startups Like A VC Firm". ^ Billy Gallagher (September 4, 2013).^ "StartX, Stanford University and Stanford Hospital & Clinics announce $3.6M grant and venture fund"."How Stanford-affiliated StartX began to embrace medical startups". "Stanford Student Startup Accelerator StartX Raises Another $400,000, Bringing Total Funding To About $1.5 Million". "Stanford startup incubator StartX lands $800,000 grant from Kauffman Foundation". "StartX, The Accelerator For Stanford Students, Wins $800K Grant From The Kauffman Foundation". "Apple Acquires Indoor Location Company WifiSLAM". "Stanford Grants $3.6M to StartX Accelerator". "NA To Dollhouses: Stanford's StartX Accelerator Launches New Batch Of Startup". ^ a b "Stanford Students Build Their Own Y Combinator".^ "About Stanford Student Enterprises"."StartX Launches The Best Of Stanford Startups". "Stanford students, alumni help each other with their startup dreams". ^ "Stanford 'Accelerator' Nurtures Start-Ups".Stanford-StartX approved 6 companies by 2013.
Startx stanford professional#
To receive the investment from Stanford, StartX companies must raise at least $500,000 on their own from professional angel investors or venture capitalists. In September 2013, Stanford announced a grant of $1.2 million every year for three years to StartX.Īlong with Stanford Hospital and Clinics, it created a new Stanford-StartX fund (of uncapped amount) to invest in current and alumni StartX companies. In May 2012, StartX created a specialized track, called StartX Med, for medical-related startup companies. StartX received a $800,000 grant from the Kauffman Foundation in August 2012 (which allowed Teitelman to earn a salary), and $400,000 from Silicon Valley companies in February 2012. StartX's staff is primarily composed of student volunteers from Stanford. WifiSlam was acquired by Apple Inc for about $20 million. One of its first ventures, Alphonso Labs, developed the Pulse App. Īt least one member of each company must have some Stanford connection, but undergraduates, graduates, faculty and staff are involved in the seminars and advise program. The StartX accelerator differentiates itself from other accelerators in Silicon Valley, such as Y Combinator, in that it is an educational non-profit 501(c)(3) organization that takes no equity in the companies it helps start. It began as a spin-off of Stanford Student Enterprises, the non-profit financial arm of the Associated Students of Stanford University, which sponsored earlier events called SSE Labs in 2009 and then SSE Ventures. It was founded by Cameron Teitelman and Dan Ha in 2011. StartX is a non-profit startup accelerator and founder community associated with Stanford University.
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