Google teaming with Israeli high-tech startups

Google creates space and program to aid Israeli high-tech startup entrepreneurs

TEL AVIV, Israel (AP) -- Google is searching for promising Israeli high-tech companies.

The international technology giant on Monday launched its "Campus Tel Aviv," a 1,500 square foot (140 square meter) space that will hold regular events for local entrepreneurs and offer access to Google staff and other industry experts.

The facility will also host "Launchpad," a selective, free two-week boot camp for early stage startups. It plans to help 100 promising Israeli startups there each year.

Google calls the facility an "innovation hub" for Israel's many startups.

Prime Minister Benjamin Netanyahu attended Monday's launch and praised Israel as the "startup nation," the world's second largest center of tech startups after Silicon Valley.

"The world is flying fast," he said, "and we're leading the way."

Google started its first Launchpad last year in London.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    How do you feel about the American Medical Association's decision to classify obesity as a disease?

    Loading...
    Poll Choice Options