1000startups is a brand new crazy project from Free CEO Xavier Niel. With the help of the Caisse des Dépôts, Niel wants to create the world’s biggest incubator in the heart of Paris. As the name suggests, its 320,000 square feet should be enough to help 1,000 startups.
Located in the 13th arrondissement at the halle Freyssinet, 1000startups will open in 2016. The team had to buy the building from the City of Paris for $94 million (€70 million) and will invest $108 million (€80 million) over the next few years.
To find out more about what Caisse des Dépots is doing for tech ecosystems, see -- http://j.mp/cdcDDAbstract