Google is making new commitments to diversity with the launch of two startup programs aimed at jump-starting growth for business owners, specifically for women and Black founders.

These are the latest in a long list of programs the tech giant has created to empower businesses seeking adequate resources for success, said Google's head of first startups, Jewel Burks Solomon. Furthermore, she added that the tech giant is specifically adding resources to help companies succeed in the unprecedented business climate brought about by the coronavirus pandemic. 

"We think that giving these founders the best resources that Google has to offer is a great way for us to really be helpful and to just also make sure that these businesses succeed and grow," she told Cheddar.

Google isn't just offering help because it's a trend on Twitter, said Jason Scott, head of startup developers ecosystems at Google. The company is committed to ensuring businesses continue thriving in the future.

"One thing we're really, really, really passionate about is continuing to support diverse founders and representations across all of our programs," he said.

Continued support isn't always measured in monetary terms, Solomon mentioned, but it can also be defined by the tools that can be used to make a product or idea more complete. The new programs offer "additional services" that provide unique access to personalized mentorship and technical workshops.

"We're really excited that Google has taken the stand to say, 'We're going to not just do a one-time thing, but we're going to do something that will really stand the test of time and continue to invest in these businesses,'" Solomon said.

Lasting success for the startups is not Google's sole priority, noted Solomon. The company is also committed to ensuring fair business practices so smaller companies are not simply overrun by larger entities. 

"This is our entire team mission: to level the playing field for underrepresented startup founders. And it didn't just start this week or last week. It's been something that we've been doing for many years," she said.

For Solomon, participating in the launch of these new startup initiatives is personal and one she's happy Google fully stands behind.

"I started a tech company back in 2013, so I really understood the challenges, frankly, that Black and brown founders faced," Solomon said.

Share:
More In Business
TC BioPharm Goes Public, Looks to Future of Cancer, COVID-19 Cell Therapies
TC BioPharm, a biopharmaceutical company focused on developing cell therapy products targeting, went public on the Nasdaq in January. CEO Bryan Kobel joined Cheddar to talk about the company's IPO launch, its cancer-fighting therapeutics tech, and its potential for using its research to treat COVID-19. "The opportunity here for us is to really get safety data and covid and expand into other areas," Kobel said. "So from COVID, where we hope to treat patients, hopefully maybe the elderly population, populations that that really can't handle the antivirals because they're too hard in the system, well then we'll expand out into maybe severe influenza Ebola, other viral and viral infections where we think we can be helpful."
A Closer Look at the Gaming Sector and its Future in the Metaverse
The gaming industry has been under the spotlight so far this year following some big mergers and acquisitions. This week featured earnings of three major gaming companies, but also Meta and for the latter, things are not doing too hot. Joining Cheddar News to break it all down was Kenny Rosenblatt, President and Co-Founder of Arkadium.
Economy Appears to Be Back on Track in 2022 With Job Growth
Following the surprising big beat on estimates for the January jobs report, William M. Rodgers III, vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis, joined Cheddar News to break down the data. “We ended 2021 with a strong crescendo to a recovery that had taken hold, and we started 2022 in good fashion." He also discussed the dueling pressures of wage growth and inflation.
Amazon Strong Growth Attributed to the Cloud Despite Retail Headwinds
While it was a volatile week in tech as Meta experienced the biggest one-day drop in the history of the U.S. stock market, industry giant Amazon reported 40 percent growth — largely on the strength of the cloud. Dan Ives, managing director of equity research at Wedbush Securities, joined Cheddar News to break down how the e-commerce company stock managed to pop despite headwinds against its core retail business. "It's all about cloud because of sum of the parts, you could argue, amazon could be $3,500/$4,000 stock just based on cloud," he said. Ives also addressed the apparent the differing impact of Apple iOS changes on Facebook and Snapchat.
Investors May Be Wary of Ford Due to Ongoing Supply Chain Issues
Following Ford's earnings miss, the stock price dropped despite a bullish outlook from the auto giant. Karl Brauer, an executive analyst with ISeeCars.com, joined Cheddar to break down why investors may not be sold on the carmaker because of the ongoing factor of supply constraints. "The product is not an issue. There's really good product coming from them, including the electric vehicle side, and the demand is not an issue. There's plenty of demand, but nobody really has a solid grasp on when we're going to get past the supply chain issue," said Brauer.
Load More