Google will be opening up a new office in San Francisco in September that’s geared specifically for developers and startups. The company announced that it’s going to have a 14,000 square foot space that it will use to promote its outreach to emerging companies, hosting not only local and international developers, but also events.
Located in downtown San Francisco, Google wants this to be a space that “bridges the gap between Silicon Valley and startups from emerging markets around the world to understand their local and global challenges, and share resources.”
Although it’ll host the third class of Google’s Launchpad Accelerator, the company expects to also have a wide range of events take place in the office, such as its Google Developer Group community meetups, Codelabs, Design Sprints, and Tech Talks. However, being a place where startups participating in Launchpad Accelerator can come and work together while in town is perhaps the most important thing.
Started in December, this equity-free accelerator program is aimed at encouraging entrepreneurs from emerging markets, such as those in India, Brazil, and India. Roy Glasberg, Google’s global lead on this initiative, told VentureBeat at the time that these three countries could represent the next billion dollar markets. Participants will visit Google to do a two-week bootcamp, working alongside the company’s team of experts and mentors before heading back to their home countries to build out their startups. At the completion of this three-month process, they’ll fly back to Mountain View, California to meet with the next batch of Launchpad Accelerator startups and form relationships.
Previously, these early-stage companies were given office space within Google’s properties, but now there will be a standalone location designed specifically for their needs.
“This dedicated space will enable us to regularly engage with developers and serve their evolving needs, whether that is to build a product, grow a company or make revenue,” Glasberg said in a blog post.
Nearly 50 startups have graduated from Launchpad Accelerator, all with a focus on tackling critical local problems. By participating in the program, Google gives them $250,000 worth of assistance, including $50,000 in seed funding. It’ll also provide credits for its product, physical space in the startup’s country from where they can work, and mentorship. No equity is taken.
The office space is expected to open in mid-September and will be located at 301 Howard Street in San Francisco, California.