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05/03/2024 04:38:44 pm

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Google Offers Young Startups $100,000 in Cloud Platform Credits for One Year

Urs Hölzle, Google's senior vice president for technical infrastructure, announced Friday at the Google for Entrepreneurs Global Partner Summit that the company is starting its Cloud Platform for Startups program, which would offer early stage startup companies $100,000 in Cloud Platform credits for a year so developers could host applications on its servers.

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To be able to enlist in the program, startups must have less than $500,000 in yearly revenue and must be less than five years old. The companies must also be a member of one out of 50 accelerator programs, venture capital funds and incubators around that world that the Internet company has already partnered with.

The list of partners include Google Ventures, SV Angel, Techstars, Chicago's 1871, 500 Startups, Code for America and Y Combinator. Google is also working with the first accelerator program in Egypt, Gaza Sky Geeks, and several other firms around the globe.

"This offer supports our core Google Cloud Platform philosophy: we want developers to focus on code; not worry about managing infrastructure," wrote Julie Pearl, Vice President of Engineering at Google. "Starting today, startups can take advantage of this offer and begin using the same infrastructure platform we use at Google."

Other than the Cloud Platform benefits, the startup companies would be also capable of scheduling office hours for one-on-one technical architecture reviews and would be offered access to 24/7 phone support.

Google, just like its more prominent rivals, has always been offering a free but limited tier for startup firms that are eyeing its cloud platforms.

In late 2013, Amazon Web Services started offering its "Portfolio Package" to incubators, funds and accelerators via AWS Activate, an initiative similar to Google's new project. However, Amazon is only offering $15,000 in AWS credits.

Microsoft, with the BizMark program, has also offered a program for similar startups. But what the company is providing is smaller than that of Amazon's, with only $150 monthly credits for Azure, Microsoft's cloud computing platform.

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