Google believes strongly that emerging markets, which house countries like Nigeria, South Africa, Kenya, India, Brazil, among others have the capability of producing the next big technology companies that would assist it in connecting the next billion users of technology products and services.
This drive, formed the basis of its yearly Global Accelerator and Launchpad Programme, held in San Francisco, USA.
Google Launchpad Accelerator Programme is focused on start-ups that already have a product, with a good market fit, and are ready to scale.
About 116 accelerators and over 24 start-ups from developing markets, including Nigeria, were selected out of thousands of applications and participated in the two-week boot camp to take their businesses to the global stage.
At the San Francisco’s event, two Nigerian startups, OneFi, a Fintech with Paylater as its signature products and Helium Health, an healthcare data gathering platform, which provides smart, rugged, all-in-one electronic medical records for Africa, were among the several players at the bootcamp.
Speaking at the opening session, Google Launchpad Lead, Roy Glasberg, said the programme was tailored to each start-up specifically.
Glasberg said when the startups are accepted into the initiative, their problems are assessed and they are paired with the mentor who has the best skill set to help.
The Google Launchpad Lead, who revealed that over 12,000 startups across the world have been admitted into the programme in the last five years, disclosed that after the initial two-weeks boot camp, the start-ups will take part remotely in a six-month mentorship programme immediately, where other supports, including further funding would be made available.