New startup incubator in Cambridge, England

Red Gate Software has launched a startup incubator in Cambridge. Free office space, internet access, room, board, advice, and pocket money. (I’m one of the people giving advice). For a first, it’s really free; Red Gate isn’t taking stock in the companies it helps. “We think that getting to know smart people doing interesting things will, in the long term, be good for Red Gate. In the future, we might end up licensing your technology, investing in your company or maybe even buying it. Or maybe we won’t. Ultimately, all deals come down to relationships. So we want to build them.”

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I'm Joel Spolsky, co-founder of Trello and Fog Creek Software, and CEO of Stack Overflow. More about me.