Google Expands Its Entrepreneurial Network With Austin Incubator
Google launched its Google for Entrepreneurs project in 2012, which today supports more than 70 organizations in more than 115 countries around the world. Google was also involved in 2010 with the launch of the Startup Weekend project, which are 54-hour events where developers, designers, marketers, product managers and startup enthusiasts come together to share ideas, form teams, build products and launch fledgling startups. 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. Innovation is a big part of Google, based on its similar efforts to pursue new ideas and investments. 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, according to the company.Google Ventures was founded in 2009 as a venture capital fund that would work with portfolio companies full time on design, recruiting, marketing and engineering, according to the company. Google Ventures also includes a Startup Lab, which is a dedicated facility and educational program in which companies can meet, learn, work and share, according to the group.
Back in April 2013, Google's investment arm, 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, according to the company.