Startup America, an initiative launched this year to encourage high-growth entrepreneurship in the U.S., is introducing a huge partnership program this month — and Google has announced its $100 million commitment to the cause!
The Startup America Partnership‘s goal is to help entrepreneurs launch and nurture successful companies, with the support and resources of already well-established businesses. The program offers different solutions depending on which of the four stages the participating start-up is in — Idea (no company yet), Startup (newly created), Rampup (initial growth stage), or Speedup (exponential staff and revenue growth). Regardless of which stage a company is in, Startup America is offering a new free membership program for young companies who sign up!
Here’s how Google comes into the picture: From June 1, 2011 until June 1, 2012, Google advertising platforms (such as Adwords and Boost) will be available for Startup America members to use, and $1,000 spent will be reciprocated by a $1,000 match from Google. This is an amazing resource for promising young businesses who are starting out by humble means, just as Google once did.
And Google is not the only big contributor to the program — HP, Facebook, Cisco, and IBM are some of the other seasoned companies giving the newbies a boost. You can view a list of all the established organizations that are providing resources for the Startup America Partnership program here.
Do you know – or are you – an entrepreneur who could benefit from being a Startup America member? Look through the Resources center to find out if you should get involved!