PALO ALTO—Silicon Valley has in recent years sprouted numerous "incubators" and "accelerators" that help nurture young companies, often for a fee or an equity stake. StartX, a corporate accelerator in Palo Alto, takes a different approach.
In a 3,300-square-foot space with floor-to-ceiling white boards, StartX offers start-ups free office space, mentoring and coaching, access to venture capitalists and other investors, and pays entrepreneurs a $4,000 to $5,000 stipend to cover housing and food over several months as they develop their companies.
To read the full, original article click on this link: Stanford 'Accelerator' Nurtures Start-Ups - WSJ.com
