Latest news with #GoogleforStartupsAccelerator
Fintech News ME
23-05-2025
- Business
- Fintech News ME
Google Launches Second AI Accelerator for MENA-T Startups
Google has announced the launch of its second 'Google for Startups Accelerator: AI First' programme for the Middle East, North Africa, and Türkiye (MENA-T). The 12-week, equity-free initiative is aimed at supporting promising Seed to Series A startups that are developing AI solutions, offering access to infrastructure, tools, and expert guidance to help scale their technologies. The MENA-T region is increasingly being recognised as a growing centre for AI innovation, with broad applications across a range of industries. According to PwC, AI could contribute up to US$15.7 trillion to the global economy by 2030. McKinsey estimates that Gulf Cooperation Council (GCC) countries alone could see gains of up to US$150 billion. Investment in AI across the region is also on the rise, with Wamda reporting that the share of AI-related startup funding more than doubled between 2023 and 2024. PwC further forecasts that the region could benefit from US$320 billion, approximately 2 percent of the global economic impact of AI, by 2030. Commenting on the programme, Abdul Rahman Al Thehaiban, Managing Director for MENA-T at Google Cloud, said: 'The incredible momentum of AI development in the Middle East, North Africa, and Turkiye region presents a unique opportunity to foster a new wave of technological advancement. Google Cloud is committed to providing a robust and scalable platform for AI innovation. Our aim is to equip these pioneering companies with the cloud infrastructure and expertise necessary to optimise their AI workloads and accelerate their growth trajectory in this dynamic field.' Anthony Nakache, Managing Director at Google MENA, added: 'With the 'Google for Startups Accelerator: AI First' programme, we are dedicated to providing targeted support to innovative startups, helping them access Google's best resources to solve complex challenges and scale their impactful AI-driven solutions globally.' Startups selected for the programme will receive Google Cloud credits to support the development and deployment of their AI technologies. The programme includes technical mentorship from Google Cloud engineers and solution architects, focusing on optimising cloud infrastructure for AI workloads. It also offers workshops on Google Cloud's AI and machine learning tools, data analytics, and serverless computing, alongside sessions on go-to-market strategy, product development, and leadership. Participants will also have access to a network of investors, industry experts, and potential partners. apply by 16 June 2025.
Web Release
22-05-2025
- Business
- Web Release
Google Announces Second 'AI First' Accelerator for Startups in Middle East, North Africa, and Turkiye to Bolster Regional AI Innovation
Google announced the launch of its second 'Google for Startups Accelerator: AI First' program for the Middle East, North Africa, and Turkiye (MENA-T). The 12-week, equity-free program is designed to empower the most promising Seed to Series A startups that are harnessing the power of artificial intelligence, providing them with the essential infrastructure, tools, and expertise to scale and succeed. The MENA-T region is rapidly emerging as a significant hub for AI innovation, driving transformative change across various industries. Highlighting this potential, PwC estimates AI could contribute $15.7 trillion to the global economy by 2030, with McKinsey projecting up to $150 billion for GCC countries alone. Regional AI investment is also accelerating, with its share of total startup funding more than doubling year-over-year from 2023 to 2024, according to Wamda reports. PwC further expects the region to accrue US$320 billion, or 2 percent of the total global benefits of AI, by 2030. 'The incredible momentum of AI development in the Middle East, North Africa, and Turkiye region presents a unique opportunity to foster a new wave of technological advancement,' said Abdul Rahman Al Thehaiban, Managing Director, MENA-T, Google Cloud. 'Google Cloud is committed to providing a robust and scalable platform for AI innovation. Our aim is to equip these pioneering companies with the cloud infrastructure and expertise necessary to optimize their AI workloads and accelerate their growth trajectory in this dynamic field.' Anthony Nakache, Managing Director, Google MENA, said: 'With the 'Google for Startups Accelerator: AI First' program, we are dedicated to providing targeted support to innovative startups, helping them access Google's best resources to solve complex challenges and scale their impactful AI-driven solutions globally.' The 'Google for Startups Accelerator: AI First' MENA-T program provides selected eligible startups with Google Cloud credits to accelerate the development and deployment of their AI solutions. Participants will benefit from expert technical mentorship from Google Cloud engineers and solution architects to optimize cloud infrastructure for AI workloads. The program also includes AI-focused workshops on Google Cloud's AI/ML capabilities, data analytics, and serverless computing, alongside workshops on Go-To-Market strategies covering product design, business growth, and leadership development. Crucially, the accelerator will offer extensive networking opportunities with a curated network of investors, potential partners, and industry leaders. Seed to Series A startups in the MENA-T region building AI-first solutions are encouraged to apply for the 'Google for Startups Accelerator: AI First' MENA-T program by June 16th, 2025, through the Google for Startups website. For further details on the program and the announcement, please refer to the official Google Arabia blog post:
Gulf Insider
16-05-2025
- Business
- Gulf Insider
Hub71 and Google Launch AI Startups in Abu Dhabi
Abu Dhabi's Hub71 and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI. A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access to a tailored three-month curriculum. Startups will gain access to Google's global network of mentors, engineers, product leaders and Google Cloud credits. Abu Dhabi startups Top-performing startups will be eligible for up to $300,000 in credits, the highest tier of support available through the programme globally. They will also be considered for Google Cloud Platform (GCP) ecosystem tier credit allocations, further expanding their technical capabilities. These startups, already based within the Hub71 community, have previously benefited from up to AED500,000 ($136,000) in funding support, including AED250,000 ($68,000) in in-kind support services, AED250,000 ($68,000) in cash via a SAFE note and tailored mentorship. Now, through the Google for Startups Accelerator, they are gaining access to a powerful network of partners, technical experts and business development opportunities within the Hub71+ AI ecosystem, further strengthening their ability to scale globally from Abu Dhabi. Ahmad Ali Alwan, Chief Executive Officer of Hub71, said: 'Bringing the Google for Startups Accelerator to Abu Dhabi is a key milestone in advancing our position as a global centre for AI innovation. Together with Google, we are empowering founders to develop transformative technologies that address real-world challenges. 'Our ambition is for startups from Abu Dhabi to compete globally, lead with purpose, and create lasting impact.' Doron Avni, Vice President of Government Affairs & Public Policy (GAPP) for Emerging Markets at Google, said: 'Startups are at the forefront of solving critical challenges with AI, and our partnership with Hub71 is about equipping them with the resources to go further, faster. 'Through this accelerator, we are enabling Hub71 startups access to global expertise and infrastructure, so they can build AI solutions that make a real impact, both regionally and around the world.' Alongside mentorship and technical resources, Google will provide early-stage founders with tailored playbooks and toolkits, as well as introductions to its investment arms and Alphabet's wider network, opening doors to new funding and commercial opportunities. The launch follows the strategic agreement signed in late 2024 to bring Google's startup programme to Abu Dhabi, reinforcing a shared ambition to expand access to advanced digital infrastructure, attract top talent, and foster cross-border collaboration in AI. As Abu Dhabi continues to invest in emerging technologies, the accelerator programme marks a significant milestone in its journey to becoming a global centre for AI. With the support of a global tech leader and world-class ecosystem, selected startups are poised to scale breakthrough innovations and shape the future of AI from Abu Dhabi to the world. Also Read: Photos: US President Trump Arrives In Abu Dhabi Source Arabian Business
Gulf Today
15-05-2025
- Business
- Gulf Today
Google for Startups Accelerator welcomes 26 Hub71 ventures
Hub71, Abu Dhabi's global tech ecosystem, and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI, the ecosystem's specialist vertical, and drive innovation across high-impact sectors from Abu Dhabi. A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access to a tailored three-month curriculum. Startups will gain access to Google's global network of mentors, engineers, product leaders and Google Cloud credits. Top-performing startups will be eligible for up to $300,000 in credits, the highest tier of support available through the programme globally. They will also be considered for Google Cloud Platform (GCP) ecosystem tier credit allocations, further expanding their technical capabilities. These startups, already based within the Hub71 community, have previously benefited from up to Dhs500,000 in funding support, including Dhs250,000 in in-kind support services, Dhs250,000 in cash via a SAFE note and tailored mentorship. Now, through the Google for Startups Accelerator, they are gaining access to a powerful network of partners, technical experts and business development opportunities within the Hub71+ AI ecosystem, further strengthening their ability to scale globally from Abu Dhabi. Ahmad Ali Alwan, Chief Executive Officer of Hub71, said, 'Bringing the Google for Startups Accelerator to Abu Dhabi is a key milestone in advancing our position as a global centre for AI innovation. Together with Google, we are empowering founders to develop transformative technologies that address real-world challenges. Our ambition is for startups from Abu Dhabi to compete globally, lead with purpose, and create lasting impact.' Doron Avni, Vice President of Government Affairs & Public Policy (GAPP) for Emerging Markets at Google, said, 'Startups are at the forefront of solving critical challenges with AI, and our partnership with Hub71 is about equipping them with the resources to go further, faster. Through this accelerator, we are enabling Hub71 startups access to global expertise and infrastructure, so they can build AI solutions that make a real impact, both regionally and around the world.' Alongside mentorship and technical resources, Google will provide early-stage founders with tailored playbooks and toolkits, as well as introductions to its investment arms and Alphabet's wider network, opening doors to new funding and commercial opportunities. The launch follows the strategic agreement signed in late 2024 to bring Google's startup programme to Abu Dhabi, reinforcing a shared ambition to expand access to advanced digital infrastructure, attract top talent, and foster cross-border collaboration in AI. As Abu Dhabi continues to invest in emerging technologies, the accelerator programme marks a significant milestone in its journey to becoming a global centre for AI. With the support of a global tech leader and world-class ecosystem, selected startups are poised to scale breakthrough innovations and shape the future of AI from Abu Dhabi to the world. Last year, Hub71, Abu Dhabi's global tech ecosystem, signed a strategic partnership with Google to accelerate startup growth in the UAE. This partnership introduces Google's startup programme, Google for Startups' to Abu Dhabi, creating unique opportunities for Hub71 startups to continue a fulfilling growth journey from Abu Dhabi. The collaboration between Google and Hub71 uniquely positions the Abu Dhabi tech ecosystem as a global hub, advancing innovation and growth opportunities for startups in the UAE and beyond. During a signing ceremony with representatives from Abu Dhabi Department of Economic Development, Mubadala Investment Company, Google and Hub71, it was announced that through this strategic collaboration, Google will launch a dedicated accelerator programme in 2025, selecting 25 high-potential startups from Hub71's ecosystem for a three-month programme focused on scalable growth strategies and optimising business models. Additionally, all startups within the Hub71 community will be eligible for substantial Google Cloud credits, with top-performing startups accessing up to US$300,000 in credits – the highest tier available globally. In addition, Google will offer tailored playbooks to support early-stage ventures within Hub71's community. Hub71 startups will benefit from Google's mentor network, connecting them with global industry leaders and experts. Google will also introduce Hub71 startups to its relevant investment divisions and its parent company, Alphabet, creating the potential for funding conversations centred on innovation and technology transformation. WAM
Al Etihad
15-05-2025
- Business
- Al Etihad
Google for Startups Accelerator welcomes 26 Hub71 ventures
15 May 2025 15:58 ABU DHABI (WAM)Hub71, Abu Dhabi's global tech ecosystem, and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI, the ecosystem's specialist vertical, and drive innovation across high-impact sectors from Abu Dhabi.A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access to a tailored three-month will gain access to Google's global network of mentors, engineers, product leaders and Google Cloud credits. Top-performing startups will be eligible for up to $300,000 in credits, the highest tier of support available through the programme will also be considered for Google Cloud Platform (GCP) ecosystem tier credit allocations, further expanding their technical startups, already based within the Hub71 community, have previously benefited from up to Dh500,000 in funding support, including Dh250,000 in in-kind support services, Dh250,000 in cash via a SAFE note and tailored mentorship. Now, through the Google for Startups Accelerator, they are gaining access to a powerful network of partners, technical experts and business development opportunities within the Hub71+ AI ecosystem, further strengthening their ability to scale globally from Abu Ali Alwan, Chief Executive Officer of Hub71, said, "Bringing the Google for Startups Accelerator to Abu Dhabi is a key milestone in advancing our position as a global centre for AI innovation. Together with Google, we are empowering founders to develop transformative technologies that address real-world challenges. Our ambition is for startups from Abu Dhabi to compete globally, lead with purpose, and create lasting impact."Doron Avni, Vice President of Government Affairs & Public Policy (GAPP) for Emerging Markets at Google, said, "Startups are at the forefront of solving critical challenges with AI, and our partnership with Hub71 is about equipping them with the resources to go further, faster. Through this accelerator, we are enabling Hub71 startups access to global expertise and infrastructure, so they can build AI solutions that make a real impact, both regionally and around the world."Alongside mentorship and technical resources, Google will provide early-stage founders with tailored playbooks and toolkits, as well as introductions to its investment arms and Alphabet's wider network, opening doors to new funding and commercial launch follows the strategic agreement signed in late 2024 to bring Google's startup programme to Abu Dhabi, reinforcing a shared ambition to expand access to advanced digital infrastructure, attract top talent, and foster cross-border collaboration in AI. As Abu Dhabi continues to invest in emerging technologies, the accelerator programme marks a significant milestone in its journey to becoming a global centre for AI. With the support of a global tech leader and world-class ecosystem, selected startups are poised to scale breakthrough innovations and shape the future of AI from Abu Dhabi to the world.
