That Bill Gates sure is one busy guy! Between working on the Bill and Melinda Gates foundation and putting in a day a week on Microsoft, he’s starting up a brand new venture named bgC3.

bgC3 has been labeled a “think tank” by public documents, and is not planned to be Gates’ next big business. Rather, it’s going to be a means of coordinating his work on his business and philanthropic endeavors. According to federal trademark filings they fall under generic classifications of “scientific and technological services,” “industrial analysis and research,” and “design and development of computer hardware and software.”

The offices (located in Kirkland, WA) are packed to the brim with all the latest goodies that Microsoft offers, according to visitors. Including a Surface tabletop computer and a virtual guestbook application.

The name, as I’m sure some of you might be curious about, has a fun meaning. The “bg” stands for (obviously) Bill Gates, and the “C” stands for “catalyst.” The 3? Well, that’s where things get a bit creative. The number 3 in the name reflects the notion of it being in a third place, separate from Microsoft and the Bill and Melinda Gates foundation. Clever, right?

Image Credit: bgC3