Google Commits ?1M To German Startups Via Berlin Start-up Center, The Factory

Google has a number of initiatives aimed at entrepreneurs globally, and a thread of a strategy appears to be emerging in Europe, albeit with different approaches. The tech giant has already supported the creation of an accelerator/workspace called Le Camping in Paris, part-backed with state money. In London it literally took out a ten year lease on a building, Google Campus London, and stacked it with co-working companies and accelerators. And now today in Berlin it's announced a new initiative with a vast new start-up centre/acelerator called the "Factory", which is backed with private money.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/UcBZ222LpZI/

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