San Francisco – The Start Project on Monday announced the
launch of its new business incubator for technology firms, which will be backed
by advisors including Twitter co-founder Biz Stone, WordPress co-founder Matt
Mullenweg and angel investor Chris Sacca.

"The start project is a
collaborative effort to bring great ideas to market," the venture wrote on
its website.

"While the founders have a history of successful exits (over
half a billion dollars), they are now focused on the initial stages of business
creation including: idea generation, software development, product vision, team
building, and investment."

All Things D notes that Polaris Venture
Partners is also backing The Start Project, and will lend office space in San Francisco as well as
receive a "first-look" option on investments.


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(All Things D)