StartupsThe new facility will be inside an old tram warehouse in central Stockholm. Photo: Hasse Holmberg/TTThe Local · 5 Sep 2016, 15:29Published: 05 Sep 2016 12:29 GMT+02:00Updated: 05 Sep 2016 15:29 GMT+02:00One of the founders of leading Swedish tech company Klarna has unveiled an ambitious new Stockholm hub designed to support tech entrepreneurs who are keen to solve social problems. Niklas Adalberth has invested 170 million kronor ($19.85 million) into converting the old tram warehouse on Birger Jarlsgatan in central Stockholm into the 2,400 square metre Norrsken House. Described on its website as "Europe's biggest hub for social impact", it is designed to be a working and meeting place for hundreds of social entrepreneurs from across the world. Due to open after the turn of the year, Norrsken House is planned to not only be an office for social entrepreneurs, but also a place where they can meet and work with philanthropists, lawyers and knowledgeable people in the social entrepreneurship field.

Source: The Local September 05, 2016 10:41 UTC