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Friday, December 1, 2023

Mizuho Bank and Google Cloud to Create a New Ecosystem|Startup Training Program Launched!

Mizuho Bank, Ltd. and Google Cloud Japan, LLC will hold a pitch contest in February 2024 to support startups up to five years old under the theme of "realization of a sustainable society!

Aiming to create a new ecosystem that will serve as a hub for startups

Mizuho Bank has not limited itself to financial support through debt and equity, but has also operated the "M's Salon "*1 membership-based acceleration service since 2016, and continues to take on challenges together with startups to help them grow their businesses and ultimately achieve a sustainable society and economy. We continue to take on challenges together with startups to help them grow their businesses and realize a sustainable society and economy.

As part of Google's "Google for Startups "*2 initiative to support startups, Google Cloud offers Google Cloud credits, technical training, assistance from startup experts, engineering resources, and other startup Google for Startups Cloud Program*3 to support startups with Google Cloud credits, technical training, support from startup experts, engineering resources, and more.

Since agreeing to a strategic partnership in the field of digital transformation*4 in March 2022, Mizuho and Google Cloud have been working to create new financial services that combine the strengths of the two companies, not limited to the field of digital transformation. In the process, Mizuho's "group-wide funding and growth support structure" and Google Cloud's "advanced technology knowledge" were combined to create a new ecosystem that will serve as a hub for startups. As a first step, we have decided to co-sponsor this pitch contest, which will lead to concrete business expansion.

Mizuho Bank will take on the challenge of working with customers and partners to realize a sustainable society and economy by financing startups that possess technology for solving environmental and social issues and providing solutions that utilize knowledge and capabilities that go beyond finance.

1 M's Salon
This membership service fully leverages Mizuho's network, financial services, and consulting capabilities to provide management knowledge, business execution know-how, business expansion opportunities, and financing support essential for innovative companies aiming for rapid growth. Currently, approximately 4,000 startups are members.
https://www.mizuhobank.co.jp/corporate/b_support/ms_salon/special/index.html

2 Google for Startups
 Google established Google for Startups Japan in the fall of 2019, believing that startups play an important role in solving all social problems in Japan. We will support the growth of startups that bring new value to society by providing mentors with expertise, a wide range of products, and a wealth of know-how.
https://www.campus.co/intl/ja_jp/tokyo/

3 Google for Startups Cloud Program
 The Google for Startups Cloud Program provides financial, business, and technical support to help startups launch, succeed, and grow their businesses. Benefits include up to US$200,000 in Google Cloud credits, dedicated expert support, and training to enhance your technical skills.
https://cloud.google.com/startup?hl=ja

4 Mizuho Financial Group News Release dated March 23, 2022
https://www.mizuho-fg.co.jp/release/pdf/20220323release_jp.pdf

Outline of the event

Contest Name: Innovating Today produced by MIZUHO | Google Cloud
Contest Date: Tuesday, February 27, 2024
Application period: Monday, October 2, 2023 - Thursday, November 30, 2023
How to enter: Entries will be accepted from the special page below.
https://www.mizuhobank.co.jp/corporate/b_support/ms_salon/special/event_news/startup_pitch/index.html
Theme: We are looking for "ideas, solutions, and business plans" that are expected to solve problems for the realization of a sustainable society in the future.
Example 〚Themes〛
#Carbon neutral #Solar power #Cashless #Biodiversity #EVs #Regional development #Water resources #Natural capital #Transition #Next generation fuels #Decarbonization and removal #Bio #Wind power #Smart agriculture
Selected companies: 3 Excellence Award winners and 10 finalists (tentative)
Award Benefits (Excellence Award)
(1) Priority participation in M's Salon contests in 2024
Participation in Google Cloud training programs for potential partners
Award Benefits (for all Excellence Award winners and finalists)
(1) One Mizuho Bank representative specializing in supporting innovative companies will be assigned to each company to provide full support for startups that create the future.
Google for Startups Cloud Program
Google for Startups Campus Membership

name of companyMizuho Bank, Ltd.
EstablishmentJul. 2013
Location1-3-3 Marunouchi, Chiyoda-ku, Tokyo
representativeKatsuhiko Kato
uniform resouce locatorhttps://www.mizuhobank.co.jp/index.html
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