The team of the German Silicon Valley Accelerator (GSVA) is thrilled to announce the relocation of its headquarters to downtown Palo Alto. GSVA officially inaugurated the new headquarters located at 720 University Avenue in the beginning of November. Now being located in the heart of Silicon Valley strengthens GSVA’s positioning and role in the local start-up ecosystem.
University Avenue, sometimes also referred to as “street of dreams” has been the starting point for successful companies such as Google, PayPal, and Facebook. Today, it is home to startups like MongoDB, TuneIn and Palantir. Additionally, coffee shops at University Avenue such as Coupa Café and University Cafe are common meet up places for the start-up and VC communities.
According to GSVA’s management, this is an important step for the accelerator. “We are excited to move into downtown Palo Alto. This decision will raise the German flag higher within the start-up ecosystem in Silicon Valley and we are confident that our companies will benefit from it tremendously.” said Dirk Kanngiesser, CEO of GSVA.
In addition to the relocation of its headquarters, GSVA has expanded its mentor network to bring deeper expertise in a variety of areas. The new mentors added to GSVA’s network are Bruce Bower (payments specialist), Andreas Hofmann (cloud innovation), Jawed Karim (co-founder of YouTube), Christian Mangstl (co-founder of Scout24), Chandra Venkatraman (cloud specialist) and Uwe Wagner (business development). See full mentor network here.
GSVA participants now benefit from two premier locations the program is offering in Palo Alto and San Francisco, opened earlier this year. The current group of GSVA participants includes Abusix, ebuggy, JC Analytics, Senic, Shopgate, Stuffle, Tame and Zertisa.
GSVA is looking forward to receiving the next round of applications by March 15. The companies selected by the jury will then have the chance of rolling out their business on a global scale. Applications can be submitted at http://germanaccelerator.com/application/.
About German Silicon Valley Accelerator:
The German Silicon Valley Accelerator (GSVA) is a three to six months acceleration program for German startups (focus: ICT and Cleantech related IT) in the heart of Silicon Valley. It is supported by the German Federal Ministry of Economics and Technology (BMWi), and a variety of private sponsors and partners. Its vision is to establish a permanent bridge between Germany and Silicon Valley that facilitates transatlantic startups, provides inspiration and drives demand, innovation, research and development in Germany. Participation in the program is free of charge for all selected companies.