Google is set to establish an internal incubator called Area 120 which will offer successful applicants the opportunity to work on their projects full-time.

Internet technology provider Google plans to launch an internal incubator called Area 120 in a bid to retain ambitious staff members, the Information has reported.

Teams from within Google will be required to pitch ideas and, if accepted, will be able to develop them full-time. Participants will also be able to apply for extra funding, or to spin out their ideas into a new company.

Don Harrison, Google’s vice-president of corporate development, and VP of photos and streams Bradley Horowitz…

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