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Facebook to open Startup Garage

Station F is better known as the world’s biggest startup campus. Based in Paris, the huge historical monument is going to have 3,000 desks for tech companies of all kinds. This morning, Facebook COO Sheryl Sandberg came to Paris to announce that Facebook is going to be one of Station F’s launch partners. Here are all the details.

“We talked a lot with this ecosystem and a lot of companies decided to help us,” French billionaire Xavier Niel said. “Facebook was the first that wanted to be part of this good idea.”

Niel founded telecom company Free and has a bunch of startup-related projects as well, such as Kima Ventures, an early stage investment company, and the free coding school 42. He’s financing Station F with his own money, with Roxanne Varza leading the project.

“We’re thrilled to be a founding partner and start the Facebook Startup Garage here,” Sandberg said. “My guess is that we’re going to learn even more from working with you than you working with us.”

Starting in April, Facebook will have 80 desks on a mezzanine near the entrance. The Facebook logo is already there, waiting for the building’s grand opening.

Every six months, Facebook will work with 10 to 15 startups and help them as much as they can. There will be Facebook engineers and weekly workshops so that young startups can learn from Facebook. And I’m sure Facebook will spot potential acquisitions quite early with this program.

First appeared on TechCrunch



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