A program called Startup School India, which Google unveiled on Wednesday, seeks to organize gathered knowledge into a systematic curriculum to help entrepreneurs in small towns overcome numerous obstacles.
In Tier 2 and Tier 3 locations, Google believes that the initiative will assist 10,000 entrepreneurs (smaller cities).
Fireside chats between Google leaders and collaborators from across the startup ecosystem will take place during the nine-week program, which will be delivered virtually.
Topics covered include fintech, language, social media and networking, job search, and business-to-business and business-to-consumer e-commerce.
A successful product strategy, product user value, designing applications for the following billion users in places like India, and user acquisition are just a few of the topics covered in the curriculum’s instructional modules.
India is the third-largest startup hub in the world, with close to 70,000 firms. As more Indian entrepreneurs successfully take their businesses public or achieve unicorn status, it has produced a positive feedback loop wherein their success stories have fueled ambitions among young Indians all around the nation.
Promising companies are increasing in hubs like Jaipur, Indore, Gorakhpur, and other areas, not only in bigger cities like Bengaluru, Delhi, Mumbai, or Hyderabad.
In fact, at the moment, they make up close to 50% of all recognized startups in India.
Nevertheless, according to a blog post by Google, 90% of all businesses fail during the first five years of operation, often due to the same fundamental issues: uncontrolled capital burn, inaccurate demand estimation, inadequate feedback loops, or a lack of leadership.
The most recent effort recognizes this gap and the necessity for programs that can compile acquired information into a structured curriculum and disseminate it across a large geographic area.
As we coordinate our efforts to assist this growth, Startup School India – a Google for Startups program – is created to achieve just that, according to the business.
According to Google, Indian entrepreneurs have amassed a lot of institutional knowledge, and one of the community’s defining traditions has been information sharing, which enables others to learn more quickly, avoid common errors, and adopt practical growth techniques.
According to the blog post, the program offers the flexibility of a virtual curriculum and lets participants pick and choose the sessions they’d want to tune in for. It is targeted at early-stage innovators with a minimal viable product.
Additionally, there will be chances for entrepreneurs to learn from talks about what makes a successful founder, formalizing recruiting, and other important factors.
