Brazilian tech startups to join Google's accelerator
Google has chosen six Brazilian new businesses to take part in the second wave of its startup acceleration program for emerging markets.
Education startup AppProva, lending platform BankFacil, e-learning tools developer Edools, location-based recruitment tool Emprego Ligado, services marketplace GetNinjas and careers community portal Love Mondays have all been picked to participate in the web giant's Launchpad Accelerator scheme.
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The companies will be mentored and developed alongside 18 other ventures from India, Indonesia and Mexico.
The acceleration initiative includes six months of technical support and training, as well as up to $50,000 in equity-free financing to startups, $100,000 in credits for Google cloud products and a couple of weeks at Google's offices in Mountain View.
Brazilian smartphone games developer UpBeat Games was one of the startups selected in the first edition of the Launchpad Accelerator in 2015. The company claims that its global customer base has grown 200 percent after principles learned at the program were applied.