Google is to supply office space and benefit to new technology companies in London's "Silicon Roundabout".
The firm has leased a seven-storey office building in the Old Street area, where many start-up firms are based.
Prime Minister David Cameron has signalled his request to spin the area in to "one of the world's great technology centres".
About 300 companies are right away working in the area, according to Tech City, the body set up to publicize the initiative.
Google mentioned that the building, in Bonhill Street, would horde "a operation of activities, such as orator series, hackathons, practice workshops and product demonstrations" in add-on to providing workspace for new companies.
The California-based firm stressed that it was not relocating its UK domicile - currently in middle London - to the area.
Eric Van Der Kleij, arch senior manager of the Tech City Investment Organisation, mentioned that partnering determined technology companies with uninformed gift could be profitable to both parties.
"What [companies similar to Google] do by having a firm balance in the residents is supply a duct for innovation, to associate with them and potentially even sell to them," he told BBC News.
"It accelerates the routine of the investor carrying out a tech startup, selling for a lot of money, developing a lot of millionaires inside of their organization and developing recyclable riches - then going out to do more innovation."
Large corporations have been lending encouragement to young entrepreneurs in the area for a few time.
The within reach Tech Hub project, that offers place to stay and business support, is upheld by Google, media group Pearson and program firm BlueVia.
Telecoms companies, inclusive BR and Virgin Media are moreover creation the area a priority for installing ultra-fast broadband connections.
The Silicon Roundabout first move has been championed by the important apportion as a model for developing the UK's ability economy.
Speaking in November 2010, David Cameron mentioned that it was probable to pick up lessons from Silicon Valley in the US.
"Go with the pellet of what is already there. Don't meddle so sufficient that you smother. But do help out anyplace you can.
"Help to emanate the right framework, so it's simpler for new companies to beginning up, for project funds firms to invest, for innovations to flourish, for businesses to grow," mentioned the important minister.
Google expects its new East London Facility to open in 2012, subsequent to a leading refurbishment.
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