Facebook launches startup programme in Paris campus

Paris (AFP) – Facebook launched a initial ever startup support programme in Paris Tuesday, in a large tech incubator saved by a French telecoms billionaire.


The amicable media hulk pronounced it wanted to promote a presentation of “independent startups that minister to a information economy of France and Europe.”

Speaking during a site of a destiny 34,000 square-metre (366,000 square-foot) Station F campus, Facebook’s arch handling officer Sheryl Sandberg praised Paris as “a city of new ideas.”

“Entrepreneurs are a engine of mercantile expansion here in France and around a world,” she said.

Starting in April, when Station F opens in a former railway repository in a 13th arrondissement of Paris, Facebook will coach 5 startups in a areas of e-health, digital temperament verification, carpooling and personal information management.

The series of new enterprises being nurtured will grow to between 10 and 15 over time, with any association receiving 6 months of coaching in marketing, technological growth and other areas, Facebook said.

With over 3 dozen startup incubators, Paris is opposed with London to turn Europe’s creation capital, and in so doing stifle perceptions that France is “unfriendly” to business.

Station F, a brainchild of telecoms titan Xavier Niel, aims to be a world’s biggest startup campus, with adult to a thousand new ventures housed underneath a one roof, nearby a Seine River.

The entrepreneurs will be counselled by French online tradesman Vente-Privee, a prestigious HEC business propagandize and Facebook and work with on-site try collateral funds.


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