GE Healthcare to open startup space in Finland

By VCPOST Staff Reporter

Feb 19, 2014 07:41 AM EST

GE Healthcare Finland is trying to figure out ways to turn its Helsinki building into a startup space, according to ArcticStartup.

GE wants to free up several floors of the said building and allow startups to use it as offices and co-working areas. Depending on the stage of the firm and negotiation skills, the spaces can be used for free or for an unspecified fee, the report detailed.

Didier Deltort, President of GE Healthcare Finland, explained: "Depending on the stage, we will offer different conditions. We obviously do not want to make money on this thing. It will be a little bit a la carte. The goal is to create a manageable chaos on the site. I want the people to meet my teams at the cafeteria, in the sauna at the gym. You do not innovate if you do not collaborate."

There are already a handful of startups working in the building, and GE wants to invite more. Aside from healthcare firms, GE also wants to talk to startups in the wireless, mobile, IT, sensors, and cloud services sector. Even students who have brilliant ideas are welcome to use the space, the report stated.

According to Deltort, GE plans to invest into some of these startups. The healthcare firm also aims to conduct tech collaboration with them or distribute their products, ArcticStartup reported.

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