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Google Cloud Expands Web3 Startup Program to Assist Emerging Web3 Projects

by BlockNews Team
May 1, 2023
in BUSINESS, CRYPTO, MEDIA, TECHNOLOGY
Reading Time: 3 mins read
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  • Google Cloud is expanding its Google for Startups Cloud Program to include Web3-specific benefits for blockchain and Web3 startups.
  • Web3 projects and startups that have earned pre-seed to Series A funding can apply for the program, which offers up to $200,000 in Google Cloud Credits over two years and access to Web3-specific products and resources.
  • The benefits include technological resources such as blockchain infrastructure and serverless offerings, grants, free credits, VIP support, mentorship, and access to exclusive events and communities.

Google Cloud is looking to help Web3 developers accelerate their projects by expanding its community’s early-stage support program.

According to a press release on Tuesday, the “Google for Startups Cloud Program,” which provides support for startups and emerging projects, will now be available to Web3 builders to help them scale their tasks faster and more securely. 

According to the press release, eligible projects ranging from pre-seed to Series A will be able to apply for the program, which includes up to $200,000 in Google Cloud credits over two years and other technical support.

Google, a Web2 powerhouse, has been pushing further into the Web3 world in recent years by assisting developers in building projects using its technical expertise. 

Earlier this month, the Celo Foundation announced a partnership with Google Cloud to provide workshops and cloud computing services to Celo developers and Web3 founders.

BNB Chain, a blockchain closely linked to the crypto exchange Binance, announced last year that it would collaborate with Google Cloud to support the growth of early-stage Web3 and blockchain startups.

“Google Cloud has been working closely with Web3 companies for several years,” said James Tromans, Google Cloud’s head of Web3 engineering, in an emailed statement. 

“We are committed to supporting the growth of the Web3 ecosystem, and the expansion of the Google for Startups Cloud Program to the Web3 community reinforces our goal of equipping blockchain developers with the tools they need to succeed.”

According to the press release, other program benefits will include early access to Google Cloud’s Web3 products and training on the latest cloud-based technologies.

The program will provide projects with access to capital from various sources, including up to $3 million in investments from the Polygon Ventures Ecosystem Fund. 

According to the press release, eligible projects could also receive a $1 million grant from each of Google Cloud’s foundation partners: Aptos, Celo, Flow, HBAR Foundation, and the Near and Solana foundations.

Tags: GoogleGoogle CloudWeb3Web3 Startups
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