Google Cloud is trying to help Web3 developers accelerate their projects by expanding its initial support program.
According to a recent press statement, the Google for Startups Cloud Program, which supports new projects and startups, is now available to Web3 builders to help them expand their projects quickly and securely.
Eligible startups ranging from pre-seed to Series A will be able to sign up for the program to get as much as $200 thousand in Google Cloud credits over two years, as well as some other benefits.
Google has been pushing farther into the Web3 realm in recent years by assisting developers in building projects using its technological expertise.
Earlier this month, the Celo Foundation announced a partnership with Google Cloud to provide training and cloud computing services to Celo developers and Web3 founders.
BNB Chain, a blockchain closely associated with the cryptocurrency exchange Binance, said last year that it would collaborate with Google Cloud to help the growth of early-stage Web3 and blockchain firms.
According to the press release, additional program perks include Google Cloud’s Web3 early access and the latest cloud-based technologies training.
The program will also provide enterprises with access to money from a variety of sources, including as much as $3 million from the Polygon Ventures Ecosystem Fund. Eligible projects might also get a $1 million award from each of Google Cloud’s partners: Celo, Flow, Aptos, HBAR Foundation, Near, and Solana.
It’s interesting that this move comes as Amazon Web Services (AWS) ramps up its own efforts to boost its market position in the Web3 business. Earlier this year, Ava Labs announced a partnership with AWS to drive Web3 adoption, and AWS said a month later that it’s looking to hire Web3 staff for its cloud services.