Google's first campus for startups in Asia opens in SeoulMay 8, 2015 - 10:31 AMT PanARMENIAN.Net - Google's first campus for startups and entrepreneurs in Asia opened on Friday in a glitzy neighborhood of South Korea's capital Seoul, the Associated Press reports. Google cited South Korea's flourishing startup scene and pervasive smartphone use as the reasons for picking Seoul after opening similar sites in London and Tel Aviv. Located in Gangnam, Campus Seoul rents out its 2,000 square meter (21,528 square foot) space to startups and venture investors. It has an open plan office designed to foster collaboration between fledgling companies and a cafe that anyone can use after signing up. The campus is the latest addition to the expanding startup scene in the Gangnam district which has attracted app developers, entrepreneurs and investors. In the last two years, spaces dedicated to startups such as D. Camp and Maru 180 have also opened. The area has recently begun attracting venture funds from Japan and Silicon Valley seeking to bet on fledgling companies, according to the AP. Almost every day, a meeting or a conference among tech startups takes place in Gangnam, also home to a major business complex housing South Korea's largest business group, Samsung. Google plans to host events for tech startups as well and begin a mentoring program for female entrepreneurs with children. "Our goal with Campus Seoul is to create a space where entrepreneurs can thrive," Mary Grove, Director of Global Entrepreneurship, said on Google's official blog. "Where they can feel at home with the local community, yet have everything they need to build a global company." As the only startup campus in Asia backed by Google, Campus Seoul will also help startups from overseas understand the South Korean and other markets in the region, according to Grove. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |