Google is aiming to tap into South Korea’s entrepreneur community by replicating its London start-up hub in the capital of Seoul.
The Silicon Valley internet giant opened Google Campus in London in 2012 before expanding the idea to Tel Aviv, Israel, in 2013. It recently announced Campus Warsaw and Campus Sao Paulo but these are yet to open.
Google describes Campus as a place where entrepreneurs can “learn, connect and build companies that will change the world.”
According to Google, Campus Seoul will give entrepreneurs access to local mentors, experienced entrepreneurs, and teams from Google.
“Korean innovators and entrepreneurs are some of the best in Asia and Korean start-ups are making headlines around the world, especially in the mobile space,” said Bridgette Beam, senior partnership and program manager within Google’s entrepreneur division, in a blog post today. “We want to support this booming community of entrepreneurs. So it’s with great excitement that we announce that Campus is coming to Seoul!”
Google said Campus Seoul will open at some point next year but it did not disclose when exactly this will be.
The London Campus, spearheaded by Google Ventures Europe general partner Eze Vidra until recently, accumulated 22,000 members by its second year.
Google said 274 of the 598 start-ups at Campus London raised funding of around £34 million in 2013, with £27 million coming from formal start-up funding sources, such as venture capitalists, angel investors or government grants.
Elsewhere in the UK, Google has pledged to open a new UK headquarters in King’s Cross. However, the project is understood to have been delayed after Google conceeded that the plans weren’t ambitious enough, despite the fact they included a swimming pool and a running track on the roof.