Google Cloud has launched a Web3 Startup program to help Web3 startups building decentralized apps, Web3 tooling, services, and other web3 products to build and scale faster.
Web3 projects and startups eligible for the program ranging from pre-seed to Series A can also tap into the Google cloud web3 specific benefits including the technology, community, and resources. According to Google Clouds, Series A includes equity, tokens, NFT token fundraising, or a grant from a blockchain foundation.
The program will run in two tiers, the Start tier and the Scale tier. The Start tier is for Web3 projects and startups without funding (pre-seed), while the Scale tier caters for Web3 projects and startups with verified funding (seed to series A). Application is open for eligible startups.
The benefits for web3 startups include access to USD 200,000 over 2 years in Google Cloud credits. They can access up to $100,000 in Google Cloud credits for the first year, and in the second year 20% of their Google Cloud usage costs are covered by up to an additional $100,000 in credits, Google Cloud said.
Technical & collaboration support available for eligible startups includes Customer Care Enhanced Support, access to Google Cloud Startup Customer Engineers, and a Startup Success Manager to accelerate onboarding with Google Cloud.
Additionally, Google Cloud will be offering 12 months of free Google Workspace Business Plus for new sign-ups.
Google Cloud mentioned that its founding partners will be giving grants totaling USD 1 million or token equivalent for the program. The partners listed include Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation.
Also, Web3 startups in the Google Cloud program will receive priority access to various web3 ecosystem funds like the Polygon Ventures Ecosystem Fund, Base Ecosystem Fund, and the Coinbase Ventures and Listing teams, Alchemy University. Ultimately, the startups will have early access to Google Cloud Web3 products and roadmap and gasless contract deployment with third web.
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