Office Space Offered by Google
Internet giant Google creates new Office Space in London for start up tech companies.
Google is to provide office space to new technology companies in London’s “Silicon Roundabout”. The new location innovation is to compete with it’s US counterpart, but in case you're wondering, it's actually located on Old Street in the City of London.
Google has leased a seven-storey office building in Old Street, a short distance from “Silicon Roundabout” where many start-up technology companies are already based. Google said that the office building would host a range of activities, such as speaker series, hackathons, training workshops and product demonstrations in addition to providing workspace for new companies.
Commenting on the initiative , Tech City (the body responsible for promoting the initiative) Executive Eric Van Der Kleii says: "What [companies like Google] do by having a firm footing in the community is provide a channel for innovation, to partner with them and potentially even sell to them".
"It accelerates the process of the entrepreneur doing a tech startup, selling for a lot of money, creating a lot of millionaires within their organisation and creating recyclable wealth - then going out to do more innovation."
The Silicon Roundabout initiative has been championed by the prime minister as a model for developing the UK's knowledge economy, and has already indicated his desire to turn the Silicon Roundabout into one of the world’s great technology centres.
Google expects its new East London Facility to open in 2012, following a major office refurbishment project.
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