Google announced a program on Friday that offers $100,000 in cloud platform credits for one year in addition to 24/7 tech support for qualifying startups.
The initiative, which Google introduced at the Google for Entrepreneurs Global Partner Summit, is available for startups around the world "through top incubators, accelerators and investors." Google is working with more than 50 partners to provide the offer to startups that are younger than five years old and have less than $500,000 in revenues.
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Google Cloud Platform for Startups is designed to compete with Amazon Web Services, Amazon's cloud platform started eight years ago that supports Netflix, Reddit, Expedia and other top sites. Clients of Google Cloud Platform include Snapchat and Khan Academy. Microsoft also has a comparable program called BizSpark that offers startups $150 a month in credits for Azure, its cloud platform.