Google has introduced a cloud program on Friday that will help early-stage startups get up and running on the public cloud with a generous $100,000 credit.
Google announced its new startup program, aptly named the Google Cloud Platform for Startups, at the Google for Entrepreneurs Global Partner Summit. It is working with more than 50 startup incubators, accelerators and investor partners to disperse this program among startups around the world. Code for America, Seedcamp, TechStars and Y Combinator are among the partners working with Google on this program.
Aside from the $100,000 credit, the program includes 24/7 support and gives the startup access to Google’s technical solutions team. Startups with less than $5 million in funding and less than $500,000 in annual revenue will be eligible for the program.
Startups are certainly comfortable territory for Google and its cloud platform, which already hosts more than four million applications. In June at its developer conference, Google announced new services around cloud monitoring, cloud application debugging, and other new tools for startups and developers to take advantage of.
With developers and startups being a target audience for more cloud providers, programs that offer financial incentives and help improve an early-stage company’s bottom line will certainly help them win customers – at least in the short term.
Recently, Layered Tech launched a cloud program aimed at startups in the healthcare space, giving them six months of free cloud hosting, followed by six months of hosting at a 50 percent discount from its regular price.