As the world is moving towards decentralization, blockchain-based technologies are rapidly gaining popularity, and with this evolution, Google has launched a Web3-specific program to help startups and projects thrive in the Web3 space.
Google’s Web3 Program
Google Cloud, which offers a comprehensive suite of cloud computing services, has unveiled a program tailored specifically for Web3 startups and projects.
📢 Calling seed to series A Web3 projects & startups:
Want to get up to $200K in ☁️ credits & exclusive benefits?
✅ Gated Discord channel with Google Cloud Web3 product & engineering
✅ Early access to Web3 products & roadmap
✅ Free advanced Web3 training
✅ VIP event access— Google Cloud (@googlecloud) April 25, 2023
This initiative will be integrated into the existing “Google for Startups Cloud Program,” but with additional perks designed for the Web3 sector.
Eligibility for the Program
Startups and projects at various stages of development, from pre-seed to Series A, will have the option to opt-in for the new benefits when applying for the Google for Startups Cloud Program.
Benefits of the Program
Handpicked startups will have the opportunity to construct decentralized apps (dApps), protocols, or other services on Google Cloud’s platform for free, in addition to receiving access to resources and the community.
The program’s perks include up to $200,000 in Google Cloud credits over two years for companies, as well as utilizing Google’s services to rapidly and securely create their Web3 apps with up to $100,000.
Hands-on Learning Labs
Google’s startup program for Web3 provides entry to cutting-edge hands-on learning labs dedicated to Web3 and the latest Google Cloud technology. These labs will aid developers and entrepreneurs in acquiring valuable expertise and understanding in the Web3 field.
Invite-only Discord Channel
Selected startups will receive an invite to an exclusive Discord channel for sharing knowledge with Google Cloud Web3 product and engineering teams. This channel will provide a platform for developers to connect, collaborate, and share ideas with Google Cloud experts.
Worldwide Events
Startups will be granted VIP access to global Google Cloud Web3 events, such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore. These events present excellent opportunities for entrepreneurs to connect with industry leaders and promote their startups.
Grants and Funding Opportunities
Google’s foundation partners, such as Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation, are offering exclusive grants of up to $1 million to foster the growth of Web3 companies, in addition to development resources. The Polygon Ventures Ecosystem Fund will also provide startups with up to $3 million in funding.
Google’s Previous Ventures in the Web3 Space
Google has previously ventured into the Web3 arena. In October 2022, Google Cloud and Coinbase declared a long-term partnership to leverage each other’s expertise, one of which involved enabling Google Cloud customers to pay for services using cryptocurrencies.
Other Companies Supporting Web3 Startups
Google is not the only company to initiate a program for assisting enterprises in the Web3 field. In January, Mastercard introduced its Web3-based “Mastercard Artist Accelerator” program, aimed at supporting musical artists in the digital realm.
In February, Sony Network Communications partnered with Astar and Startale Labs to launch a three-month Web3 incubation program.
Conclusion
Google’s Web3 program is an exciting development for the Web3 ecosystem, as it provides startups and projects with essential resources and support to build and scale their businesses.
With access to Google Cloud’s platform, learning labs, community, and events, entrepreneurs can take their Web3 initiatives to the next level.
FAQs
What is Google’s Web3 program?
Google’s Web3 program is a new initiative by Google Cloud that provides support to startups and projects thriving in the Web3 space. The program offers various benefits such as free access to Google Cloud’s platform, resources, and community, as well as advanced hands-on learning labs, VIP access to worldwide events, and special grants of up to $1 million from Google’s foundation partners.
Who can apply for Google’s Web3 program?
Startups and projects at various stages of development, from pre-seed to Series A, can apply for Google’s Web3 program. However, they need to opt-in for the new benefits when applying for the Google for Startups Cloud Program.
What are the benefits of Google’s Web3 program?
The benefits of Google’s Web3 program include free access to Google Cloud’s platform, resources, and community, as well as up to $200,000 in Google Cloud credits over two years and up to $100,000 to build their Web3 apps.
Additionally, startups will have access to advanced hands-on learning labs, VIP access to worldwide events, and special grants of up to $1 million from Google’s foundation partners.
How is Google supporting the Web3 space?
Google has been supporting the Web3 space through various initiatives such as its partnership with Coinbase to allow Google Cloud customers to pay for its services using cryptocurrencies.
Additionally, Google’s Web3 startup program provides startups and projects with free access to its cloud computing services and other resources, including advanced learning labs, worldwide events, and special grants.
Is Google the only company launching a program for the Web3 space?
No, Google is not the only company launching a program for the Web3 space. Other companies such as Mastercard and Sony Network Communications have also launched Web3-based programs to support artists and startups in the digital world.
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