Google launched its Campus Tel Aviv, a center for Israeli entrepreneurs and start ups.
Prime Minister Benjamin Netanyahu cut a virtual ribbon at the inauguration ceremony Monday.
The campus occupies an entire 16,000-square-foot floor of the Electra Tower in Tel Aviv. The space includes an area for meetings and workshop space for startup companies.
Using the campus and participating in its activities are free for entrepreneurs and startups.
The campus will also give start-ups access to Google work teams and industry experts. Google will also offer at the center Launchpad, a two-week seminar for startups in their early stages. Some 100 Israeli startups will benefit from Launchpad each year.
Google began operations in Israel about 7 years ago. In a post on Google’s official blog, Amir Shevat and Eyal Miller, co-leads of Campus Tel Aviv noted that the Internet economy contributes 6.4 percent of Israel’s gross domestic product, and the country is the world’s second largest center of tech start-ups after Silicon Valley.
“For some time now, we’ve been supporting Internet and mobile entrepreneurs in Israel with tech talks, events and hackathons,” they wrote, referring to events in which experts compete to find security flaws in software to help developers. “We hope that Campus Tel Aviv will enable us to do more to support local innovation and, in doing so, make the web and the mobile space better. You can find out more about Campus Tel Aviv on our website.”