Google is opening a dedicated space for startups in San Francisco
The 14,000 square foot space will host startups participating in Google's Launchpad Accelerator program.
With its close ties to San Francisco and Silicon Valley, Google naturally has its hands in the region's huge startup economy. To further its involvement, the company has announced plans to open a 14,000 square foot space right in the heart of San Francisco to work directly with various startups and developers. Google hasn't released a ton of details yet, but it says that the space will hold events including the company's Codelabs, Design Sprints and Tech Talks. It'll also host meetups of the Google developer community.
Perhaps most notably, the new space will host the third class of Google's Launchpad Accelerator, a part of the company meant to give startups resources and up to $50,000 in equity-free funding. Previous classes the Launchpad Accelerator came from Brazil, Indonesia, Mexico and India, and Google's blog post announcing its new space notes that it wants to use it to help bridge Silicon Valley with startups from emerging markets around the world. It's been less than a year since the Launchpad Accelerator started, but it seems that Google's keen to keep investing in its program.
Other details on what Google intends to do with this huge space aren't available yet, and the company hasn't said yet when it'll open -- but Google says it'll have more details in the coming weeks.
