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Google to launch start-up campus in Madrid

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Google to launch start-up campus in Madrid
Google's Madrid offices already employ 200 people, many of whom are likely to volunteer and offer advice at the new campus. Photo: Stephen Brashear/AFP
13:22 CEST+02:00
The US tech giant will set up a new Google Campus in the Spanish capital in 2015 in a bid to help budding entrepreneurs launch their very own tech start-ups.

Google are calling it a “new home for innovation” in Spain, a country where entrepreneurial spirit and the lack of state support provided to self-starters have been a matter of debate during the country’s economic crisis.

The American multinational announced on Monday that its third European campus after London’s and Tel Aviv’s will grant “unparalleled access to mentorship and trainings led by their local start-up community, experienced entrepreneurs, and teams from Google.”

“We decided to open a Campus in Madrid because of the thriving entrepreneurial spirit in Spain,” Google wrote in its European blog.  “We have seen the booming entrepreneurial community in Spain and are excited to join the local community in making it even stronger.

In an interview with online Spanish daily Cinco Días, Google’s Director of Entrepreneurship Mary Grove said the London Campus had “helped 70,000 participants, set up 274 new start-ups, generated €43,31 million ($54M) in earnings and created 575 jobs, all in two year and a half years”.

Grove denied the search giant had chosen Madrid to try to win over the Spanish government over recent tax-dodging claims and other issues involving privacy and antitrust laws. 

READ ALSO: Spain fines Google €900,000 in privacy row

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