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The Business Association of Stanford Entrepreneurial Students (BASES) is a student group at Stanford University focusing on business and entrepreneurial activities. One of the largest student-run entrepreneurship organizations in the world, BASES' mission is to promote entrepreneurship education at Stanford University and to empower student entrepreneurs by bringing together the worlds of entrepreneurship, academia, and industry. BASES organizes the flagship 150K Challenge, Entrepreneurial Thought Leaders' Seminar, the SVI Hackspace, E-Bootcamp, and the Freshman Battalion. [1] [2]
BASES was founded in 1996 by a group of five Stanford engineers. The organization works in partnership with Silicon Valley's venture capitalists and law firms to provide a variety of entrepreneurial services to Stanford students. [3]
BASES hosts two annual business plan competitions, one catering to for-profit startups (E-Challenge) and the other for social ventures (Social E-Challenge). It hosts a third, concurrent product showcase competition for product prototypes. A total of $150,000 is awarded each year in these competitions. Entirely student-managed, the competition attracts students from all programs and levels at Stanford. Teams must include at least one full-time Stanford student, but participation is not restricted to the Stanford community. Past winners include: [4] [5]
School year | Team | Place | Description | |
2009–2010 | NanoLabs | E-Challenge Grand Prize Winner | A device for mobile on-site protein identification. | |
2009–2010 | Avanti Fellows [6] | Social E-Challenge Grand Prize Winner | Fellowship for underprivileged students in India | |
2008–2009 | Hemor-X | E-Challenge Grand Prize Winner | A surgical device for non-invasive hemorrhage repair. | |
2008–2009 | re:motion designs | Social E-Challenge Grand Prize Winner (Tie) | $20 prosthetic knee | |
2008–2009 | Respira Design | Social E-Challenge Grand Prize Winner (Tie) | Low-cost device for effective delivery of asthma medication to children | |
2007–2008 | Logimend | E-Challenge Grand Prize Winner | Technology for rapid suturing. | |
2007–2008 | Embrace | Social E-Challenge Grand Prize Winner | Low-cost infant warmer | |
2007–2008 | Samasource | Social E-Challenge 2nd Place Winner | Socially responsible outsourcing | |
2006–2007 | D.light | Social E-Challenge Grand Prize Winner | Affordable solar lanterns | |
2005–2006 | Ekho Technologies | E-Challenge Grand Prize Winner | ||
2005–2006 | One Acre Fund | Social E-Challenge Grand Prize Winner | Improving farming value chain | |
2004–2005 | Adaptive Hearing Solutions | E-Challenge Grand Prize Winner | ||
2003–2004 | Microdrop | E-Challenge Grand Prize Winner | ||
2002–2003 | VisiVas | E-Challenge Grand Prize Winner | ||
2001–2002 | Voltage Security (Identicrypt) | E-Challenge Grand Prize Winner | Security Software. Acquired by HP in 2015 [7] | |
2001–2002 | Jozoor Microfinance | Social E-Challenge Grand Prize Winner | Microfinance institution for Palestinian entrepreneurs |
BASES hosts a five-day conference for 100 students at Stanford University. E-Bootcamp includes pitching and design workshops, marketing initiatives, media rundowns, sector-specific critiquing and mentoring sessions with industry leaders. Attendees present their business plans and products in a competitive environment, including a product showcase and pitch competition, attended by investors. The four top-performing entrepreneurs receive a prize. E-Bootcamp is partnered with Sequoia Capital and New Enterprise Associates.
Entrepreneurial Thought Leaders is a class in the Management Science and Engineering department jointly hosted by BASES, the Stanford Technology Ventures Program (STVP), and the Stanford Center for Professional Development. The weekly lecture series exposes Stanford students to insights from entrepreneurs, investors, CEOs, and innovators from Silicon Valley. [8] Guest speakers in the past have included Larry Page, John Doerr, Mark Zuckerberg, and Steve Ballmer. [9]
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. During the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential, such as unicorns.
Vinod Khosla is an Indian-American billionaire businessman and venture capitalist. He is a co-founder of Sun Microsystems and the founder of Khosla Ventures. Khosla made his wealth from early venture capital investments in areas such as networking, software, and alternative energy technologies. He is considered one of the most successful and influential venture capitalists.
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The Yale Entrepreneurial Society (YES) is a student-run nonprofit 501(c)(3) organization dedicated to encouraging entrepreneurship and business development in the New Haven, Connecticut area. YES was founded in 1999 by Yale undergraduates Sean Glass and Miles Lasater. Its social entrepreneurship program—focused on not-for-profit and socially responsible organizations—was founded the same year, with efforts led by fellow student David Pozen. Today, YES members include Yale undergraduate, graduate, professional students, and faculty, as well as several hundred Yale alumni around the world.
Steve Blank is an American entrepreneur, educator, author and speaker. He created the customer development method that launched the lean startup movement. His work has influenced modern entrepreneurship through the creation of tools and processes for new ventures which differ from those used in large companies.
The Edinburgh Stanford Link is a £6 million, five year initiative funded by Scottish Enterprise to foster collaborative research and commercialisation links between the Human Communication Research Centre at the University of Edinburgh and the Center for the Study of Language and Information at Stanford University. Starting in February 2002, the programme focuses on speech and language processing technology. There are two core parts to the Link, the commercial programme and the student programme. The former focuses on working with commercial companies and the latter focuses on fostering a culture of entrepreneurship within the University of Edinburgh. They are located in Level 8 in Appleton Tower, Crichton Street, Edinburgh.
YouNoodle, Inc. is a San Francisco-based company, with offices in Barcelona and Santiago, founded in 2010, building a platform for entrepreneurship competitions all over the world. YouNoodle matches entrepreneurs with competitions, accelerators, and startup programs, and provides a judging and voting SaaS platform to university, non-profit, government and enterprise clients organizing innovation challenges and competitions. Stanford's BASES, UC Berkeley LAUNCH, Start-Up Chile, Amazon Startup Challenge, and NASA are all running one or more competitions on YouNoodle's platform.
Impact Entrepreneurship Group is a Canadian non-profit youth-run organization. Founded in 2004, it aims to foster and develop entrepreneurship among university and high school students. It has offices in Vancouver, Calgary and Waterloo, Ontario.
An entrepreneurial ecosystem or entrepreneurship ecosystems are peculiar systems of interdependent actors and relations directly or indirectly supporting the creation and growth of new ventures.
Aaltoes, also known as Aalto Entrepreneurship Society, is a non-profit organization run by students, based in Helsinki, Finland. Founded in 2009, Aaltoes has helped the rapid emergence of a startup culture in Finland in 2008-2011.
Sanjiv Rai is a first-generation Indian innovator and serial entrepreneur. He is the Founder, Chairperson and Chief Solver of multiple startups under Billion Innovators and Chairperson at ARE Technologies and his venture initiatives AceWP Innovation Labs and BillionInnovators intend to promote innovation in India and abroad. As a serial Entrepreneur or Innovator he has worked on AI based convergence and design algorithms, on a variety of products and solutions such as network convergence enabling D5 chip, AceWP, PlasmaPHI, innovate2learn, agniie devices, ChazeMe, SmartSAPS(Smart Secured Automated Payment Solutions), coolATM and Rosenbridges Future Cities/Smart Buildings and CHANDRA project for NASA towards permanent human inhabitancy on outer planets.
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Founder.org is a nonprofit foundation in San Francisco, California, United States that invests in student entrepreneurs. The organization features a company building program for student entrepreneurs at major research institutes and universities. Operated by a group of Silicon Valley entrepreneurs, Founder.org supports teams across various industries including sensors, sanitation, influencer marketing, biotechnology, health and transportation.
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Konstantin Dolgan is a Kazakh-American businessman. He is the co-founder and CEO of LA New Product Development Team, a product design and prototyping company. Dolgan additionally co-founded the company Grapheno, a producer of graphene-based conductive coating for electronics, as a side-venture of LA NPDT, co-founded QMS2Go, a provider of AI-powered quality management system tools, and is the co-author of Realizr, a product ideation guidebook. He was featured as one of ForbesThe Next 1000 upcoming American entrepreneurs in 2021.
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