The eighth cohort of the Google for Startups Accelerator has been announced, with Indian AI-first startups invited to apply for the three-month program. The project intends to promote and mentor entrepreneurs using AI operating in a variety of industries as they take on challenging problems there. Applications for firms with seed to series A funding are accepted through August 22, 2023.
The most recent batch of Google for Startups Accelerator is committed to supporting AI-first startups in India. The program intends to assist businesses in innovating and addressing pressing issues in their respective fields with an emphasis on leveraging artificial intelligence and machine learning (AI/ML).
Training And Mentoring
Selected firms in the cohort will get in-depth mentoring and training on important business topics. Product creation, design, growth strategies, and leadership development will all be covered in the curriculum to provide entrepreneurs the abilities and information they need to succeed. The official website of the Google for Startups Accelerators program states that “Each accelerator features a cohort of 10-15 top startups that come together to tackle specific technical challenges that can help grow their businesses through a mix of remote and in-person, 1-to-1, group learning sessions, and sprint projects.”
Criteria For Entry
Although each program has its own qualifications, teams that are selected typically meet the following profile:
Startups that have demonstrated traction, ideally between the Seed and Series A stages.
constructing a scalable good or service with a sizable total addressable market and a justifiable business plan.
deep technical, ideally utilizing technologies like machine learning and artificial intelligence
CTO and/or technical positions’ commitment to take part in and interact with the necessary program sessions
The Current Cohort And Demo Day
Twenty Seed to Series A startups are presently enrolled in the seventh Google for Startups Accelerator program. LimeChat, Quroz, and Swasthya AI are a few of them. The program concludes with a “Demo Day,” which gives startups a chance to present their innovations and raise their profile within the startup community.
Permanent Support
Founders will continue to be a part of the Google for Startups alumni network once the three-month program is through, giving them access to continuous resources and support. This ongoing interaction is intended to support entrepreneurs in their growth and to create a thriving startup community.
Equity-Free Programme
The Google for firms Accelerator in India is an equity-free program, which means that the firms that take part do not cede any equity to Google. This strategy makes sure that entrepreneurs can take use of the program without having their ownership interests diluted.
