“Korea sees strong possibilities for nurturing IT giants. I expect that building a thriving eco-system for startups will make another Larry Page and Steve Jobs in Korea.”
“I hope that Google Campus Seoul will help achieve IT revolution and vibrant eco-systems for Korean budding entrepreneurs.”
John Lee, CEO of Google Korea, at a press meeting held on Aug. 27, 2014
“The launch of Campus Seoul is part of Google’s effort to invest in the future of Korea. Korean startups are making headlines around the world, especially in the mobile space. That is why Google chose Seoul as the first Google Campus in Asia.”
Bridgette Beam, Senior Partnership and Program Manager of Google for Entrepreneurs at a press meeting held on Aug. 27, 2014
SEOUL, Aug. 30 (Korea Bizwire) – Google has decided to go “Gangnam Style.” Google Korea announced on August 27 that Google Campus Seoul is scheduled to be set up in the district of Gangnam, Seoul, by the beginning of 2015. Google Campus provides budding entrepreneurs with a wide range of opportunities and space for growth with no strings attached and no strict rules. The main goal of Google Campus is just to create a vibrant startup community.
The campus was first launched in London in March 2012 followed by the Campus Tel Aviv and the Campus Seoul which is the first in Asia. The Campus London had successfully provided 274 startups with a total of 34 million pounds, or about US$56.2 million, of investment. Google also plans to build new campuses in Warsaw and Sao Paulo.
The operator of Campus Seoul will be designated as a specialized company for startup assistance. The U.S. Internet giant is under way to meet up with candidates.
Budding entrepreneurs in Google Campus Seoul will be able to seek mentorships and interact with other IT companies. The Campus will nurture the startup ecosystem in Seoul to maturity.
By Veronica Huh (veronicah@koreabizwire.com)