New Web3 Startup Program Introduced by Google Cloud

Google Cloud is expanding its “Google for Startups Cloud Program”. They want to help Web3 startups and projects build and scale faster and more securely. This initiative will provide eligible Web3 technology projects and startups with up to $200,000 over two years. Google Cloud credits, technical and collaboration support. As well as access to a set of grants from industry leaders. Those are Aptos, Celo, Flow, the HBAR Foundation, Near, and the Solana Foundation. Each of these founding partners will be offering exclusive grants of up to $1 million to accelerate Web3 startup growth. In addition to resources to support development.

The program will also offer access to up to $3 million in investments from the Polygon Ventures Ecosystem Fund. This includes priority review from the Ventures Team and all Polygon Venture benefits. Google Cloud will provide priority review for the Base Ecosystem Fund and give access to testnet. Discounts on Nansen products and engagement fees, credits for Alchemy, and priority access to Alchemy University as well.

Their partnership with the Web3 industry dates back to 2018. Back then it added datasets for Bitcoin. Since then, it has formed partnerships with several industry leaders, including Coinbase. Last year, it partnered with BNB Chain to offer Web3 startup infrastructure. Earlier this month, the Celo Foundation also announced a collaboration with Google Cloud. Expanding the early adoption of the latter’s services alongside Celo’s blockchain ecosystem.

By expanding its “Google for Startups Cloud Program” to include Web3-specific benefits, Google Cloud is demonstrating its commitment to supporting Web3 startups and projects. By providing Web3 startups with grants, investments, and technical support, they will have better equipment to build and scale their projects, allowing them to compete in the rapidly growing Web3 industry. The Web3 industry is expected to grow significantly in the coming years, with the potential to revolutionize industries such as finance, healthcare, and entertainment. By supporting Web3 startups, Google Cloud positions itself as a key player in this industry and benefits from its growth.