Today, we’re excited to announce the benefits that Hedera will be offering to startups as part of Google Cloud’s new Web3 startup program. Teams and developers can sign up to leverage the power of the hashgraph here.
By building on Hedera, developers benefit from the carbon-negative, high speed, low, fixed fees, and best-in-class security of the hashgraph algorithm. Alongside this, a rapidly growing community and world-class Governing Council add an extra layer of stability and longevity for institutions and retail alike.
Through this startup program, Google Cloud will help Web3 startups and emerging projects build and scale faster and more securely. This means giving startups on Hedera and other leading networks the ability to build on the Google Cloud fully managed, serverless platform at no cost, as well as the resources and community to build a world-class, scalable project.
Starting today, when eligible Web3 technology projects and startups from pre-seed to Series A (including equity, tokens, NFT token fundraising, or a grant from a blockchain foundation) apply for the Google for Startups Cloud Program, they can also opt-in for Web3-specific benefits.
These new benefits give Web3 projects and startups the technology, community, and resources they need to focus on innovation over infrastructure as they build decentralized apps, Web3 tooling, services, and more.
As part of the Google for Startups Cloud Program benefits, start-ups are eligible for:
Web3 startups can use Google Cloud credits to quickly and securely build their decentralized application (dApp), protocol, or other services with up to $100,000 in Google Cloud credits for the first year, and in the second year, 20% of their Google Cloud usage costs are covered up to an additional $100,000 in credits.
Startup participants will be eligible for funding, marketing, and business support from The HBAR Foundation including the potential to make connections with its broad ecosystem of partners.
Google Cloud is providing credits to allow Web3 startups access to fast, high-quality Customer Care Enhanced Support, access to Google Cloud Startup Customer Engineers, and a Startup Success Manager to accelerate onboarding with Google Cloud. Google Cloud is also offering 12 months of free Google Workspace Business Plus for new sign-ups.
Dedicated Web3 benefits that Google Cloud is providing include:
Startups and projects will get direct visibility into the Google Cloud Web3 product roadmap and the ability to provide input. And, they’ll get early access to new Google Cloud Web3 products before they are generally available.
Ongoing training is critical to innovation. The Web3 startup program offers free access to advanced hands-on learning labs focused on Web3 and the latest Google Cloud technology.
Google Cloud is enabling like-minded developers and engineers at the forefront of innovation to come together to share knowledge through an invite-only, gated Discord channel with Google Cloud Web3 product, engineering, partners, and other startups in the program.
Community is at the heart of Web3, and Web3 events are a great opportunity for startups to meet in person and grow their networks. Startups will get VIP access to global Google Cloud Web3 events, such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore.
Google Cloud has long been a supporter of the Hedera network as a member of the Governing Council,” said Shayne Higdon, CEO of The HBAR Foundation. “Today, we’re excited to announce the next step in this relationship, offering teams in the Hedera ecosystem the chance to supercharge their dApps through the Google Cloud Web3 startup program and push the boundaries of what’s possible on the public hashgraph network.”
“Google Cloud’s expansion of the Google for Startups Cloud Program to the Web3 community reinforces our goal of equipping blockchain developers with the tools they need to succeed and grow the ecosystem,” said James Tromans, Head of Web3 Engineering at Google Cloud. “We look forward to expanding our collaboration with Hedera by having them as foundation partners in our Web3 startups program offering credits and technical support to emerging projects.”
We greatly look forward to furthering our relationship with Google Cloud and meeting the new teams that arise from the startup program to build on Hedera.
About The HBAR Foundation
The HBAR Foundation supports the creation of Web3 communities built on the Hedera network, by empowering and funding the builders developing these communities. The Foundation’s six funds - focused on the Crypto Economy, Metaverse, Sustainability, Fintech, Privacy, and Female Founders - each support communities within those areas, and the interconnectedness enables applications to participate as part of a larger ecosystem.
The collective power of these funds enables entrepreneurs, developers, and enterprises of all sizes to tackle some of the world’s largest problems and create and control their own economies, all built on the Hedera public network. Whether you’re building something new or migrating an existing EVM-based application and community, the HBAR Foundation is here to support you. For additional information, please visit https://hbarfoundation.org/.