Vodafone to open technology incubator facility
Fri 3rd August 2012, 1:32 pm
Vodafone has announced that it will open a new technology and incubation centre in East London to capture British start-up talent.
The new centre in the Tech City development will provide small mobile internet and creative media businesses with technical expertise, potential financial assistance, logistical support and access to more than 400 million Vodafone customers.
It will draw on the expertise of Vodafone Ventures, the company’s corporate venture capital arm, which has been investing in innovative new businesses for more than a decade.
Trade and investment minister Lord Green said: “I warmly welcome Vodafone’s plans to open a technology lab and incubation centre in London’s Tech City.
"This announcement is an excellent reflection of Tech City’s success as a thriving hub of innovative technology companies, combined with ready access to Europe’s largest venture capital community.”
Vodafone said that it intends to have its centre in Tech City up and running towards the end of the year.
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