Google opened its third startup hub，…the
first in Asia，… in Seoul earlier today. Our Choi You－sun tells us more about the
dream campus that′s expected to upgrade Korea′s startup ecosystem and help local
ventures expand into the global market. Campus Seoul will house eight startups and
offer one－on－one mentoring， as well as exchange programs with other startup hubs
around the world. Mothers wanting to start ventures will also
be able to access customized training. These opportunities are expected to create
more jobs and help fledgling Korean businesses become global players.
Similar programs have already showed promise on the London campus.
It opened in March 2012， and since then， has generated over one－thousand jobs and
nearly three－hundred investment deals totaling 60 million U.S. dollars.
Later the same year， Google added the Tel Aviv campus in Israel， an effort to plug
into the country′s growing startup scene. The Seoul campus is a welcome addition for
President Park Geun－hye， who vowed to make Korea a dynamic global startup hub.
As part of her creative economy drive， innovation centers are opening all over the country. ″We will support technological startups，
global startups and local startups. We′ll also push government projects to become more
market－friendly and global－oriented to help the private sector－led venture ecosystem
develop in a healthy way.″ Google′s head of Asia－Pacific operations
agreed with President Park， saying that sustainable growth is only possible by expanding
innovation. The Seoul campus also plans to collaborate
with startup support hubs run by Korea′s private sector， like the Asan Nanum Foundation′s
MARU180 center. The president visited that location after
the Google opening ceremony， meeting with entrepreneurs and venture capital representatives
there… and listening to their successes and challenges.
Choi You－sun， Arirang News.