But StartX, which began last year, is the first time there has been a physical co-working space and a formal hands-on program with resources ranging from free legal advice to computer-server infrastructure for students, say Stanford faculty.
At StartX, Stanford students or recent grads undergo a three-month program where they receive free office space and attendant services, plus get to swap tips with other founders and take advantage of mentoring opportunities from venture investors and other experts. During the program, companies present at “demo days” to audiences of investors, students and others.
So far, 32 companies have graduated from StartX, with many receiving funding from venture-capital firms including Charles River Ventures, said Mr. Teitelman.
It is important to note that StartX was founded by a student, Cameron Teitelman, who is 22 years old according to the article. Others schools are interested in this model. (@auerswald has been pushing for a co-working space for GMU)