StartX

StartX is a non-profit business incubator associated with Stanford University.

It was founded by Cameron Teitelman in 2011. 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. The StartX incubator differentiates itself from other incubators 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.

At 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. One of its first ventures, Alphonso Labs, developed the Pulse App. WifiSlam was acquired by Apple Inc for about $20 million.

StartX's staff is primarily composed of student volunteers from Stanford. 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.