South Korea Becomes the Google’s First Asian ‘start-up campus’
South Korea takes home the title of becoming the first ever Asian country where Google has opened its start-up campus. Google opened its first campus in South Korea’s capital city Seoul on Friday.
Director of Global Entrepreneurship, Mary Grove wrote on Google’s blog that their aim is to thrive for excellence and provide opportunity where the local community can produce things globally. They also plan on mentoring female capitalists with kids and involve tech start-ups in the procedure.
Our goal with Campus Seoul is to create a space where entrepreneurs can thrive. Where they can feel at home with the local community, yet have everything they need to build a global company.
Jeffrey Lim, Seoul Campus operations’ head says that the community is loaded with educated and hard working people but lack of resources and chances does not let them reach out globally despite having the fastest broadband speed.
We feel we’re at a tipping point where Korean start-ups will begin going global.
The campus is located in Gangnam that has rented 2,000 square meter of its campus for startups and venture investors. The reasons behind picking Seoul as the location for their first startup campuses were the pervasive smartphones and its flourishing startup outlook. Google Inc. previously opened such campuses in London and Tel Aviv.
The inauguration of start-up campus in Gangnam district has attracted many investors, entrepreneurs and app developers. It is the only start-up campus in Asia that is powered by Google. This will help South Korea expand globally as well as in its internal markets.