Microsoft has unveiled a new Reactor space in Shoreditch, London.
The firm’s Reactor spaces are used to develop start-up talent, and this one is no different
“The Reactor is a $20m investment by Microsoft over the next 10 years,” said Microsoft’s UK CEO, Cindy Rose in a speech announcing the space. “It’s a reflection of the enduring commitment to the UK as a destination for digital innovation, and the importance that we place on nurturing and developing start-up talent in the UK, which we know is Europe’s hotspot for technology innovation”
The two-floor space cost $20 million to develop, and has been hailed as being well-placed to support entrepreneurs in the popular Shoreditch area.
Microsoft has already helped 735 UK start-ups to gain access to funding, and with the new Reactor Hub, is poised to help even more.