Tuesday, November 5, 2024

Google offers support for European and Israeli startups working on AI and climate solutions – ESG News

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  • A 10-week equity-free accelerator program for Seed to Series A startups based in Europe & Israel
  • Dedicated mentoring from Google teams
  • Access to Google’s network of industry experts
  • Eligible startups receive product credits
  • Access to new Google products and tools

Google for Startups announced the launch of two new accelerator programs designed to empower European and Israeli startups working on climate change solutions and artificial intelligence (AI).

The Google for Startups Accelerator: Climate Change and Google for Startups Accelerator: AI First programs aim to bridge the gap for early-stage ventures (Seed to Series A) by providing essential resources to overcome challenges and achieve significant growth.

Focus on Sustainability

Developed alongside Google Sustainability and Google Cloud, the Climate Change program targets startups tackling climate change through technological advancements. This includes solutions spanning from renewable energy sources to sophisticated waste management systems, all geared towards achieving net-zero emissions. The program emphasizes leveraging the power of cloud technology, AI, and machine learning to accelerate progress on sustainability efforts. A recent report by Google and Boston Consulting Group highlights the potential of AI to mitigate 5-10% of global greenhouse gas emissions.

Responsible AI Development

The AI First program, created in partnership with Google Cloud and Google DeepMind, focuses on nurturing responsible AI development. Recognizing the transformative potential of AI across various industries, with a McKinsey report estimating a $13 trillion contribution to the global economy by 2030, the program prioritizes ethical considerations alongside robust technical expertise. The program offers mentorship and technical support to startups with a clear vision for leveraging AI and machine learning to solve real-world problems.

Program Structure and Benefits

Applications for both programs close on July 21st, with a hybrid launch scheduled for September. Each program will be a ten-week intensive experience, providing participants with hands-on workshops, personalized mentoring sessions, and tailored technical support. Startups will benefit from Google’s extensive AI knowledge, access to cutting-edge tools, and ongoing support through the alumni network, fostering connections with mentors and fellow founders. The programs offer a combination of in-person and virtual activities, with a focus on product design, customer acquisition strategies, and leadership development. Additionally, select startups will be eligible for dedicated Google Cloud technical expertise and credits through the Google for Startups Cloud Program.

Related Article: Google and NV Energy Forge Innovative Clean Energy Partnership

Google for Startups encourages founders of climate change technology startups and those innovating with AI to apply. The programs offer a unique opportunity to leverage Google’s expertise, network, and best practices.

For more information and to apply, visit the Google for Startups Accelerator program website.

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