Britton Law, P.A.
Free Consultation For Injury Cases
910-401-3356

Google's new initiative to provide support to startup businesses

North Carolina entrepreneurs may be interested in a new initiative from technology giant Google, which is seeking to help new companies get some much-needed help in their early days. Google is partnering with co-working spaces in seven U.S. cities, including Nashville, Chicago and Minneapolis, where entrepreneurs can go to grow their new businesses.

The new initiative, announced on Sept. 25, will create seven new "startup hubs" across the country. These seven join two existing hubs that Google has already established in London and Tel Aviv. Google is partnering with co-working spaces through their Google for Entrepreneurs branch. These spaces will be places where entrepreneurs can gather to use office space and find mentors for their growing startup businesses.

At the Chicago launch event, Google promised to offer technological and financial help to the startups. This includes access to products and cloud-based storage, as well as a credit on their Google App Engine. The company has also said that it would check in on each hub area monthly and arrange annual gatherings for all of the hubs. On the financial side, it is unclear what help Google is offering, but it will not be taking equity in the startups that work within the hubs. This venture is part of a wider trend that is seeing larger companies, like Google and Samsung, creating incubators to nurture young startups for the promise of future cooperation.

Getting a startup company off the ground can be a daunting task, but can lead to exciting opportunities and future successes. An attorney who has experience in establishing a business may be able to help launch a business startup properly, whether it involves choosing the appropriate entity form or maintaining regulatory compliance.

Source: CNET, "Google looks to help startups start up, unveils hub network", Richard Nieva, September 25, 2013

No Comments

Leave a comment
Comment Information

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
Google's new initiative to provide support to startup businesses | Britton Law, P.A.