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Artificial Intelligence Strategies for Startup Growth
Google recently announced the launch of the Google for Startups Growth Academy, which aims to help startups use artificial intelligence (AI) to improve healthcare solutions in Africa and the Middle East. The Google for Startups Growth Academy is a hybrid program dedicated to supporting and accelerating the growth of startups, using AI and machine learning technology to develop tech solutions in the healthcare and wellness industry.
Supporting Startup Growth with AI
The Google for Startups Growth Academy will offer participating startups essential growth skills, Google tools and products, and internationalization strategies to help them scale. Selected startups will be exposed to industry experts, mentoring, and networking events. Google aims to help founders develop data-driven strategies for acquiring new customers and partnerships, innovate responsibly with emerging technologies, and expand to new markets.
“For more than 10 years, Google for Startups has partnered with founders using technology to solve societal challenges, and the organization intends to continue collaborating to activate the benefits of human-centered AI in healthcare and medicine,” said the chief health officer at Google, Dr. Karen DeSalvo.
Program Details
Founders interested in participating in the Google for Startups Growth Academy will be interviewed between July and September. The cohort will be announced in September, followed by the commencement of the program in October.
Successful Case Study: LifeBank
Previous Google for Startups graduates leveraging AI to foster healthier living include Temie Giwa Tubosun, the founder and CEO of LifeBank in Lagos, Nigeria. Tubosun created LifeBank, an app and motorcycle network that connects blood banks to hospitals in urgent need of blood. The company uses AI technology to provide value in multiple segments of the healthcare supply chain, such as blood, oxygen, and medical supplies. So far, LifeBank has saved 20,000 lives since its launch in 2016.
Requirements for Participating Startups
To be eligible for the Google for Startups Growth Academy, startups must meet the following criteria:
- Based in Europe, the Middle East, or Africa, but looking to scale internationally
- Focus on leveraging AI to address health or well-being challenges
- Demonstrate traction, such as a clear track record of users and revenue
- Have a scalable product or service, with both a significant total addressable market and a defensible growth model
By providing startups with the opportunity to leverage AI technology in the healthcare industry, the Google for Startups Growth Academy aims to empower entrepreneurs to create innovative solutions that will improve the health and wellness of millions worldwide. If you’re a startup looking to use AI to drive growth and make a positive impact in the healthcare sector, this program could be the perfect opportunity for you.
For more information on the Google for Startups Growth Academy and how to apply, visit the logiclabsai.com website.
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