Google mentioned that once a year, it’s focused on 20 startups and can enhance them for 3 months. Startups that need to enroll in the accelerator program should have raised collection A investment and will have to have ladies at the founding workforce.
The tech massive already runs an accelerator program however it’s for all startups. This one, explains Aditya Swamy, director, Google Play and Google for Startups, will lend a hand ladies who’ve the ambition to lend a hand society however “don’t have the proper of enhance when it comes to capital, hiring and extra.”
There was an acute scarcity of enhance, says Swamy, for women-led startups. He says that whilst startups in India have raised billions of bucks, handiest 6% of the investment went to women-led startups. Google desires to mend this and thus the speculation of an unique accelerator program for women-led startups.
How will Google lend a hand women-led startups?
Paul Ravindranath G, program supervisor, Developer Family members & Head of Google Accelerator at Google India, instructed The Instances of India-GadgetsNow how Google will lend a hand those startups. One of the vital key focal point house can be mentorship, says Ravindranath. “At Google, mentorship is essential for our techniques and we can faucet into our alumni community, startups that we’ve got helped to have a powerful mentor base for those startups,” he explains.
Investment stays a problem for startups and despite the fact that Google is not going to be offering monetary enhance, it is going to lend a hand ladies founders to boost budget by means of serving to them with pitches and giving get entry to to a community of buyers, says Ravindranath.
Google has a powerful community of women-led startups in different international locations. Ravindranath says that below the accelerator program, women-led startups gets insights from them concerning the startup ecosystem as smartly. The chosen startups for 3 months gets in depth enhance within the type of workshops, mentorship techniques, and help associated with design and UX.
What are the opposite key main points?
Within the first spherical of variety, Google will pick out 20 startups. Programs for this system are open beginning lately and startups can follow for it until July 10. Google will then take a couple of weeks to shortlist the candidates and tell the selected startups in the following few months.