Business
Galway company one of 30 nationwide selected for Google’s Startup Programme
Galway company Altocloud has been chosen as one of 30 high potential Irish Startups selected by Google Ireland to participate in its Adopt a Startup programme.
Altocloud will now receive twelve weeks of mentoring by a dedicated Google support team. The team will work with the Galway company to develop and improve their overall business strategy and at the end of the twelve weeks they will be invited to take part in a Dragons Den style competition.
“The principal aim of our Adopt a Startup programme is to assist Startups to develop their business strategies and provide them with hands-on support and advice on how they can take their enterprises even further,” explains Paddy Flynn, Head of Google Ireland’s Startup programme.
“Now in its fourth year, this is a highly effective and successful initiative for Google in Ireland. Over two cycles of the program in 2015 we had 16 finalists and a total of 52 Startup participants. Many of these companies have gone on to raise significant capital funding and greatly increased their employee numbers.
“This programme is a further opportunity for Google to support the Irish Startup ecosystem in a meaningful way. The calibre of participants in the spring programme is very strong and it’s great to see that close to half of the companies are based outside of Dublin with a large number headed by female founders and co-founders,” he added.
Previous participating companies including Bizimply, FoodCloud, Jobbio and Beats Medical have all taken the skills developed during the mentoring programme back into their companies and their continuing success is well documented. For example Bizimply recently raised €2 million in investment funds and announced plans to open an office in the UK.
Each of the Startups will receive twelve weeks’ hands-on mentoring, access to an exclusive lecture series at Google offices and Google Apps for Work licenses, free for a year.
Successful Startups will also get the opportunity to pitch their developed business plans and results of the program to members of Google Ireland’s leadership team as well as prominent figures from the Irish Startup Community at a Grand Final in Google’s European Headquarters in July.