Google Is Racing to Speed Up Designs for New Products
In May, Google announced the expansion of its fledgling Tech Hub Network for entrepreneurial communities around the United States with the addition of the Austin, Texas-based Capital Factor. The Tech Hub Network is an initiative of the Google for Entrepreneurs program. Google launched the Tech Hub Network in September 2013 to help fuel the search giant's efforts in aiding entrepreneurial groups around the nation. Google launched its Google for Entrepreneurs project in 2012, which today supports more than 70 organizations in more than 115 countries around the world. In March 2014, Google announced that it is giving $1 million to 40 global organizations that work with startup companies to encourage them to find ways to bring more women into the fields of business and technology. The program, called #40 Forward, aims to increase the number of women working within the communities served by the global startup-focused organizations by 25 percent in 2014. In October 2013, Google expanded its efforts around the world to help entrepreneurs make their ideas and dreams come to life through an increased partnership with UP Global, a nonprofit group that works to foster entrepreneurship. In September 2013, Google got involved in the world of health care with the creation of Calico, a company that will work to find ways of improving the health and extending the lives of human beings. Calico is a startup that will focus on health and well-being, in particular the challenge of aging and associated diseases.
Back in April 2013, Google Ventures launched a new "Glass Collective" organization to seek out and nurture startups that can add features and capabilities to the still-nascent Google Glass project. The Glass Collective was set up to encourage and capture more of the future possibilities of Glass.