Key Points:
According to the official press release, eligible Web3 technology projects and startups from pre-seed to Series A can apply for the Google for Startups Cloud Program. Projects can also opt-in to Google Cloud’s Web3-specific benefits, which include up to $200,000 over two years in Google Cloud credits and technical and collaboration support. This will help startups focus on what really matters – speed-to-market and innovation.
Moreover, access to grants from Aptos, Celo, Flow, the HBAR Foundation, Near, and the Solana Foundation will also be available. Each of the founding partners will be offering exclusive grants of up to $1 million to help accelerate Web3 startup growth and resources to support development. This will provide a significant boost to startups that are just starting out.
The program will offer access to up to $3 million in investments from the Polygon Ventures Ecosystem Fund, priority review from the Ventures Team, as well as all Polygon Venture benefits. Some of the other perks by Google Cloud include priority review for the Base Ecosystem Fund, access to testnet, discount on Nansen products and engagement fees, credits for Alchemy, and priority access to Alchemy University. This will give startups access to resources and community to be successful.
Google Cloud’s tryst with Web3 dates back to 2018 when it added datasets for Bitcoin. Since then, the cloud computing giant has forged partnerships with several industry leaders, including Coinbase. It partnered with BNB Chain last year to offer Web3 startup infrastructure. Earlier this month, the Celo Foundation also announced collaborating with Google Cloud to expand the early adoption of the latter’s services alongside Celo’s blockchain ecosystem. Google Cloud’s support and collaboration with these industry leaders will help startups to build, scale, and succeed.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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