Google has started applications for its accelerator program, which will use the internet giant’s resources to assist entrepreneurs in Pakistan and Southeast Asia in resolving particular technological problems.
10 to 15 firms in the seed or series A stages that are headquartered in Indonesia, Malaysia, Pakistan, Singapore, Thailand, Vietnam, or the Philippines are sought after by the Google for Startups Accelerator program. Businesses that work in sectors including e-commerce, finance, healthcare, SME-focused B2B solutions, education, agriculture, and logistics are eligible to apply.
In order to address the problems that their firms are encountering, the founders chosen for the program will be partnered with mentors from Google as well as professionals from the industry.
The IT juggernaut claims that for the first half of 2021, transaction activity in Southeast Asia totalled US $11.5 billion. Pakistani startups got $350 million in investment last year, a five-fold increase from 2020.
“One explanation for this acceleration is that Pakistan and Southeast Asia both have a thriving youth population,” Google said in a statement. “These young people tend to be tech-savvy, have an interest in entrepreneurship, and are more in tune with global trends.”
Shoplinks, Sehat Kahani, Kata.ai, and Rumarocket are a few of the startups that have previously taken part in the Google for Startups Accelerator program.