A recent study by a tech advisory firm forecasts that AI will generate $280 billion in economic benefits for Australia by 2030. Responding to this immense potential, Google has introduced a new AI-first accelerator tailored for Australian entrepreneurs.
Startup founder Gonzalo Sisack Novillo, previously leading a pet-focused company in Argentina, experienced significant growth after participating in Google’s Latin American Accelerator. Now boasting 30 employees and a virtual veterinary care app across Latin America, Sisack Novillo’s success story highlights the impact of Google’s global accelerator network.
Until now, this opportunity has not been available in Australia, where Google has now launched a 10-week equity-free accelerator program. Aimed at seed and series A stage startups specializing in AI and machine learning-driven platforms, the initiative aims to propel local innovations to global prominence.
Scott Riddle, Google’s head of partnerships in Australia and New Zealand, elaborated on the initiative: “Google Australia’s Digital Future Initiative brings the AI First accelerator to Australia for the first time, connecting founders with Google’s AI and ML expertise, global networks, and essential business practices.”
Initially launched in the US and Canada earlier this year, the Australian program is part of Google’s broader $1 billion investment in Australian research and infrastructure under the Digital Futures Initiative.
The AI Opportunity in Australia
The launch of this program coincides with heightened awareness of AI’s transformative potential across various sectors. According to a report by Access Partnership, AI could prevent $6.7 billion in cybercrime losses by 2030 and significantly enhance Australia’s response to climate change-induced disasters.
Despite concerns about data privacy, the report underscores AI’s role in fostering positive transformations across industries.
Application Details
Google Australia invites startups meeting the following criteria to apply for its AI-first accelerator:
Entrepreneurs selected for the program will benefit from mentorship, technical support, and workshops on product design, customer acquisition, and leadership.
Applications for the inaugural cohort are open from June 17 to July 31, marking a significant opportunity for Australian startups to leverage Google’s expertise and global network in advancing AI innovations.
Startup founder Gonzalo Sisack Novillo, previously leading a pet-focused company in Argentina, experienced significant growth after participating in Google’s Latin American Accelerator. Now boasting 30 employees and a virtual veterinary care app across Latin America, Sisack Novillo’s success story highlights the impact of Google’s global accelerator network.
Until now, this opportunity has not been available in Australia, where Google has now launched a 10-week equity-free accelerator program. Aimed at seed and series A stage startups specializing in AI and machine learning-driven platforms, the initiative aims to propel local innovations to global prominence.
Scott Riddle, Google’s head of partnerships in Australia and New Zealand, elaborated on the initiative: “Google Australia’s Digital Future Initiative brings the AI First accelerator to Australia for the first time, connecting founders with Google’s AI and ML expertise, global networks, and essential business practices.”
Initially launched in the US and Canada earlier this year, the Australian program is part of Google’s broader $1 billion investment in Australian research and infrastructure under the Digital Futures Initiative.
The AI Opportunity in Australia
The launch of this program coincides with heightened awareness of AI’s transformative potential across various sectors. According to a report by Access Partnership, AI could prevent $6.7 billion in cybercrime losses by 2030 and significantly enhance Australia’s response to climate change-induced disasters.
Despite concerns about data privacy, the report underscores AI’s role in fostering positive transformations across industries.
Application Details
Google Australia invites startups meeting the following criteria to apply for its AI-first accelerator:
- Demonstrated traction, operating between Seed to Series A stages.
- Deep technical expertise in machine learning and AI, led by dedicated AI specialists.
- Developing scalable products or services with a substantial total addressable market (TAM) and defensible growth strategies.
- Commitment from CEO, CTO, or executive leadership to actively participate in the 10-week program sessions.
Entrepreneurs selected for the program will benefit from mentorship, technical support, and workshops on product design, customer acquisition, and leadership.
Applications for the inaugural cohort are open from June 17 to July 31, marking a significant opportunity for Australian startups to leverage Google’s expertise and global network in advancing AI innovations.