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Accelerating startup progress by means of know-how, experience, and neighborhood



Posted by Nivedita Kumari – Technical Anchor Mentor, Accelerator Program, and Prabhu Thiagarajan – Accelerator Success Mentor, Accelerator Program

Google for Startups Accelerator: Sustainable Development Goals

This Worldwide Mentoring Day, we acknowledge that mentorship is a essential a part of the startup journey. Google for Startups Accelerator packages present founders and groups with the know-how, experience, and mentorship they should develop and succeed. As program mentors, we had the chance to interact with and empower many early stage startups serving to them scale and develop.

The Startup Problem

Though the startup ecosystem is quickly increasing, success isn’t a clean journey. On a mean, it takes startups two to 3 years years to show a revenue, and fewer than 10% of startups that elevate a seed spherical efficiently elevate a Collection A funding. Even those who handle to safe funding, nonetheless face different hurdles like driving natural progress, fundraising, constructing model and market enlargement. Mentorship and entry to networks has been confirmed repeatedly to make the essential distinction for profitable founders.

To stage the taking part in area for startup success, Google for Startups connects founders to the individuals, packages and finest practices they should develop and scale their corporations. Google for Startups Accelerator packages present contributors with hands-on mentorship and help from Googlers in addition to skilled entrepreneurs and traders. These consultants work immediately with startups over the course of 10 weeks to offer tailor-made know-how, product growth, advertising and marketing, gross sales and fundraising.

Success Story

As Google for Startups Accelerator program mentors, we had the chance to associate carefully with numerous founders from all over the world by means of the 2023 accelerator cohorts, together with these targeted on Cloud and Local weather Change. One among these startups for the Cloud cohort was RealKey, an Automated Mortgage Processing (ALP) SaaS platform.

RealKey automates doc assortment/overview processes and centralizes communication to scale back contact factors with underwriting. By means of the Google for Startups Cloud Program, RealKey was capable of speed up Google AI based mostly doc processing and mortgage course of automation to assist create a clear mortgage submission course of. Google for Startups helped RealKey scale back mortgage processing time and frustration for all events concerned. 

“Google’s Lending DocAI service enabled our platform to incorporate doc processing the place we classify paperwork and run advanced validation algorithms to make sure that a mortgage bundle meets all lending standards. That is sometimes a guide course of and our platform saves our shoppers helpful time and labor.” 

 Christopher Hussain, Founder & CEO, RealKey.

 

Over the course of the ten week program, the RealKey group labored carefully with us to develop and observe their program Targets and Key Outcomes (OKR). By means of a collection of tailor-made technical deep dives, mentor-led product and program workshops, and pairing with related consultants from Google and the business, RealKey was capable of resolve a number of enterprise and technical challenges to speed up their outcomes. “With Google for Startups mentor help, we achieved objectives that we budgeted would take considerably longer”, says Christopher.

The Google for Startups Accelerator program supplies startups with the assets and help they should thrive within the aggressive world. By means of its complete program, startups acquire entry to funding, technical experience, networking alternatives, and mentorship from Google AI consultants, enabling them to beat technical challenges, develop efficient go-to-market methods, and speed up their progress. With the steering and help of Google AI consultants, startups can navigate the complexities of creating and commercializing their merchandise, successfully attain their audience, and set up themselves as leaders within the area of machine studying.

Subsequent Steps for Founders

In case you’re a startup founder, Google for Startups Accelerator packages are a good way to get the assistance it is advisable to develop your corporation and obtain your objectives. Purposes are actually open for Google for Startups Accelerator: Girls Founders and Black Founders cohorts in North America. We encourage functions from U.S. and Canadian headquartered know-how startups till February 1, 2024, with the 10-week packages commencing in March. Study extra and register right here.

Along with accelerator packages, Google for Startups gives a variety of packages and initiatives to assist startups at each stage of their journey. Whether or not you are simply beginning out or able to scale, Google for Startups might help you join with the precise know-how, experience, and neighborhood to develop your corporation. Discover one of the best Google for Startups choices for you and your group right here.

Google for Startups Accelerator Applications open Black Founders and Women Founders programs Go to startup.google.com

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