Facebook COO Sandberg launches start-up incubator in central Paris

Record ID: 164594

  • Title: Facebook COO Sandberg launches start-up incubator in central Paris
  • Date: 17th January 2017
  • Summary: PARIS, FRANCE (JANUARY 17, 2017) (REUTERS) CENTRAL HALL OF START-UP INCUBATOR STATION F CUBICLES IN STATION F HALL CONSTRUCTION HELMETS WITH FACEBOOK-STATION F LABEL FACEBOOK CHIEF OPERATION OFFICER SHERYL SANDBERG SPEAKING FROM PODIUM ROXANE VARZA, DIRECTOR OF STATION F, AND XAVIER NIEL, PRESIDENT OF STATION F AND CEO OF TELECOMMUNICATION COMPANY FREE SITTING (SOUNDBITE) (English) FACEBOOK COO, SHERYL SANDBERG, SAYING: "When we think about jobs, 60% of jobs that are created in France and in most countries around the world come from start-ups. At Facebook we have nothing we care about more than supporting them. There are a million businesses in France who are using Facebook every month." SANDBERG TALKING, PARIS MAYOR ANNE HIDALGO SITTING NEXT TO PODIUM VARIOUS OF SANDBERG TALKING, NIEL AND VARZA SITTING NEXT TO PODIUM (SOUNDBITE) (English) FACEBOOK COO, SHERYL SANDBERG, SAYING: "We are going to be supporting the start-ups who are in the 'Start-up Garage' by Facebook, supporting desks, giving them mentoring from Facebook, engineers and privacy experts, and running weekly workshops and classes for start-ups. And as much as we hope to help you with your businesses, my guess is that we are going to learn even more from working with you than you will from working with us." PEOPLE STANDING UNDER FACEBOOK SIGN IN STATION F HALL VARIOUS OF NIEL TALKING IN FRONT OF MEDIA CONSTRUCTION WORKERS IN STATION F HALL WALL WITH SIGNS OF FACEBOOK AND STATION F DESKS IN CO-WORKING SPACE VARIOUS OF STATION F BUILDING
  • Embargoed: 31st January 2017 12:27
  • Keywords: facebook Sheryl Sandberg Anne Hidalgo Station F Xavier Niel start-up
  • Location: PARIS, FRANCE
  • City: PARIS, FRANCE
  • Country: France
  • Topics: Science,Internet / World Wide Web
  • Reuters ID: LVA0015ZGYURR
  • Aspect Ratio: 16:9
  • Story Text: Facebook is set to open a 'Start-up Garage' in Paris's Station F, purportedly the world's largest start-up campus founded by French telecommunication entrepreneur Xavier Niel.
    Facebook Chief Operating Officer Sheryl Sandberg announced the partnership on Tuesday (January 17), highlighting the importance of entrepreneurship in the digital world.
    "When we think about jobs, 60% of jobs that are created in France and in most countries around the world come from start-ups. At Facebook we have nothing we care about more than supporting them. There are a million businesses in France who are using Facebook every month," said Facebook's number-two executive.
    Station F seeks to become a new harbor of start-ups in Europe and steal the "tech" label from London in light of Brexit, or Great Britain's departure from the European Union.
    A sprawling lot branching out to co-working spaced, it will have more than 34,000 square meters in an ancient railway depot in Paris's 13th district.
    Facebook will coach 10 to 15 start-ups specialising in data-mining for about six months.
    "We are going to be supporting the start-ups who are in the 'Start-up Garage' by Facebook, supporting desks, giving them mentoring from Facebook, engineers and privacy experts, and running weekly workshops and classes for start-ups. And as much as we hope to help you with your businesses, my guess is that we are going to learn even more from working with you than you will from working with us," Sandberg said.
    Station F, with a starting fund of 250 million Euros, was financed by Niel and it will open on April with a capacity for 1,000 start-ups.
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