Google Cloud has recently made an announcement revealing its plans to support Web3 startups and projects in building and scaling up securely and rapidly with its new offering. The initiative extends the current “Google for Startups Cloud Program” by providing additional benefits specific to Web3.
According to the official press release, Web3 technology projects and startups that are eligible, ranging from pre-seed to Series A, can apply for Google for Startups Cloud Program and take advantage of Google Cloud’s Web3-specific benefits. The benefits include technical and collaboration support and up to $200,000 worth of Google Cloud credits over two years.
“Our goal is to enable Web3 builders to focus on what really matters – speed-to-market and innovation. This means giving startups the ability to build on our fully managed, serverless platform at no cost, as well as the resources and community to be successful.”
Additionally, the initiative provides access to grants from various founding partners, such as Aptos, Celo, Flow, the HBAR Foundation, Near, and the Solana Foundation. These partners will offer exclusive grants of up to $1 million each to accelerate the growth of Web3 startups along with providing development resources.
The program also offers access to investments worth up to $3 million from the Polygon Ventures Ecosystem Fund, priority review from the Ventures Team, and all other benefits provided by Polygon Ventures. Apart from that, Google Cloud also offers priority reviews for the Base Ecosystem Fund, testnet access, a discount on Nansen products and engagement fees, credits for Alchemy, and priority access to Alchemy University.
Google Cloud and Web3
Google Cloud started supporting Web3 in 2018 by adding datasets for Bitcoin. Since then, it has partnered with various industry leaders including Coinbase. It also collaborated with BNB Chain last year to provide infrastructure for Web3 startups. Recently, the Celo Foundation also announced its partnership with Google Cloud to expand early adoption of its services with Celo’s blockchain ecosystem.