StartX, The Accelerator For Stanford Students, Wins $800K Grant From The Kauffman Foundation

StartX, the startup accelerator for Stanford students, has raised its first big piece of funding ? an $800,000 grant from the Ewing Marion Kauffman Foundation. Under the name SSE Labs, StartX first launched in 2010. Since then, 240 founders launching 90 companies have participated in the program. The accelerator says that 85 percent of its companies attract institutional or angel funding within three months of joining the program. StartX has also graduated the first class from its industry-specific program, StartX Med (a six-month program that follows the StartX model, but with training tailored to biotech and medical startups).

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