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IncubatorDirect fundingNo equityVerified

Launchpad@Stevens

Also known as: Launchpad, Stevens Launchpad

Stevens Institute of Technology · Hoboken, NJ

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Quick fit check

  • Offers direct funding
  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

$0 – $5,000

Non Dilutive Grant

Equity

None

Application

Annual

Campus Wide

Last activity

2026

High confidence

Known startups and winners

Competition winners and notable student ventures from our research.

See every startup

Blitz

Stevens Institute of Technology

Program portfolio

Stevens Launchpad alumni startup; Y Combinator-backed.

Fulament

Stevens Institute of Technology

Program portfolio

Stevens Launchpad alumni startup reporting $1.6M ARR.

Perl Street

Stevens Institute of Technology

Program portfolio

Stevens Launchpad alumni startup.

Sutro

Stevens Institute of Technology

Program portfolio

Stevens Launchpad alumni startup backed by Sequoia Capital.

Launchpad@Stevens

Program Type

incubator

Institutional Scope

Stevens Institute of Technology, Hoboken, NJ. Open to all Stevens undergraduate and graduate students.

Description

Selective 12-month startup incubator/accelerator that provides students with a personalized entrepreneurship journey working with real-world entrepreneurs to build technology-based businesses. Directed by Dr. Mukundan Iyengar (Edison Patent Award winner, Founding-Entrepreneur-in-Residence at Stevens Venture Center). Bootstrapped from $20K, now has a combined valuation of $36M+ across student startups, with $100M+ total value created. Features the Startup Garage incubator space on the 3rd floor of Samuel C. Williams Library. The Thomas H. Scholl Launchpad Awards (since 2020) provide additional project funding. No equity taken from any launched companies. Planning to double cohort size from 30 to 60 students per year.

Key Details

Detail Value
Founded ~2017
Director Dr. Mukundan Iyengar
Duration 12 months
Combined valuation $36M+
Active initiatives 20+ incorporated
Total value created $100M+
Equity taken None
Cohort size ~30 students (planning 60)
Selection ~120 apply → 60 invited → 20 accepted

Resources Provided

  • Startup Garage incubator space (library, 3rd floor)
  • Mentorship from entrepreneurs-in-residence
  • Thomas H. Scholl Launchpad Awards (project funding)
  • Up to $5,000 per startup via donor pools (2025 Chegg initiative)
  • Access to investor network (Y-Combinator, Sequoia, etc.)

Funding Details

Scholl Awards provide project-specific funding. Chegg initiative: up to $5K per startup for 10 iSTEM and Launchpad startups. No equity taken.

Curriculum / Structure

12-month program: spring kickoff (identify commercial ideas) → team formation → venture building. External mentors and entrepreneurs-in-residence guide teams.

Eligibility

Stevens students with strong hands-on skills. Competitive selection process.

Related Programs

Additional research notesShow