In Google’s restructuring under the Alphabet umbrella they didn’t include plans to turn vodka into startups. And while the internet giant isn’t exactly turning vodka into the next big thing it is turning an old vodka plant in Warsaw into one of their famed startup campuses.
The Google startup campus concept started in London and followed with campuses in Seoul, Tel Aviv and Madrid. These campuses allow startups to have very low cost or even no cost rent and they provide a mentorship mechanism that allows startups to get office hours and more with business leaders across a variety of sectors. The Google startup campuses don’t guarantee any kind of venture capital however Google has arms that could help startups in that way.
As for the newest facility in Warsaw, Google has unveiled Campus Warsaw in an old Vodka factory with room for several startups and hundreds of startup employees. To date Google says they’ve helped create over 1800 jobs. They haven’t commented on whether or not any of the startups have come into the Google portfolio, however they stress that’s not necessarily the goal.
The campus concept started in 2012. Warsaw Campus leader Piotr Zalewski of Google Poland told IBNlive that Google does not earn revenue from any of it’s campuses and it does not use these facilities to acquire startups.