ECONOMYNEXT – Google opened its Launchpad Accelerator to Sri Lanka on 31 August with the aim of providing an opportunity for local developers to formulate solutions to local challenges.
Along with Sri Lanka, Google will open its doors to Bangladesh, Pakistan and Myanmar in the Asian region, as well as some Central and Eastern European, Latin American, and African nations.
“They’ll be joined by our larger list of countries that are already part of the programme, including Argentina, Brazil, Chile, Colombia, the Czech Republic, Hungary, India, Indonesia, Kenya, Malaysia, Mexico, Nigeria, the Philippines, Poland, South Africa, Thailand and Vietnam,” said Google.
Applications for the equity-free programme can be made online until 2 October 2017, the company said, adding that selected developers will be invited to the Google Developers Launchpad Space in San Francisco for a two week, all-expense-paid training later in the year.
Touching on the benefits of the programme, Google said the training at Google HQ includes intensive mentoring from 20+ Google teams and expert mentors from top technology companies and VCs in Silicon Valley.
According to the search giant, participants receive equity-free support, credits for Google products, PR support and continue to work closely with Google back in their home country during the six-month programme.
Each startup that applies to the Launchpad Accelerator needs to be a technological startup based in the countries specified, targeting their local markets, with a proven product-market fit beyond ideation stage, Google said.
“Additionally, we are interested in what kind of startup you are. We also consider the problem you are trying to solve. How does it create value for users? How are you addressing a real challenge for your home city, country or region?
“Does your management team have a leadership mindset and the drive to become an influencer? Will you share what you learn in Silicon Valley for the benefit of other startups in your local ecosystem?” said Google.
(COLOMBO, Sept 1, 2017)