Google ventures on

Google is not letting the tough economic climate cloud its long-term vision. Declaring that “the current downturn is an ideal time to invest in nascent companies”, Google announced the launch of Google Ventures – its latest venture capital fund.

Google Ventures will be focusing on early stage investments in young start-ups. It is expected to invest up to US$100 over the next 12 months – not just in the internet and software space, but also in areas such as clean-energy, bio-tech and health care.

So, if you believe you’re on to the next big thing and could do with a financial leg-up, why not pitch your vision to Google Ventures?