Google has announced the opening of applications for its prestigious Google for Startups Accelerator: AI First program for the year 2024. Positioned as the world’s third-largest startup ecosystem, India continues to lead with groundbreaking innovations in the artificial intelligence (AI) sector.
The program is specifically designed to support startups that incorporate AI in their core products or solutions, with a keen focus on those utilizing large language models for generative AI-based solutions. Reflecting on the growth of AI ventures in India, examples abound with companies like immunitoAI, SpoofSense, and Gan.ai, which have made significant strides in their respective fields by leveraging AI to discover antibodies faster, combat identity fraud, and personalize video content at scale.
This year’s Google for Startups Accelerator program promises three months of intensive, equity-free support, aimed at startups working across varied industries to solve pressing and complex challenges using AI. The initiative not only provides a financial boost but also offers access to a broad range of Google’s resources. This includes mentorship from industry experts, training in key business areas such as design, marketing, and leadership, as well as credits for tech stacks and cutting-edge AI tools.
The focus of the AI First program is to nurture startups towards building responsible, human-centered AI solutions. As part of Google’s global commitment, the program aligns with other accelerator initiatives that utilize artificial intelligence, machine learning, and cloud technology to address some of the world’s most urgent issues.
Who Is Eligible?
The AI First accelerator program is open to startups that are:
- Based in India.
- Utilizing AI in their main products or services, especially those that include generative AI.
- Ideally between the Seed to Series A funding stages.
How to Apply?
Interested startups can find more details and submit their applications through the Google for Startups Accelerator website. Google will also be hosting weekly virtual open forums every Friday from 4-5 PM (IST), where potential applicants can gather more information and have their queries addressed. Registration for these forums is available online.
With the application process now open, Google invites AI startups in India to take this opportunity to escalate their growth and impact. Through the AI First program, Google aims to cultivate a stronger, more innovative AI community that not only pushes technological boundaries but also ensures these advancements are sustainable and beneficial for society at large.