The post Choosing a Cloud Provider for a Bootstrapped StartUp appeared first on ISbyR.
]]>Some might have already a preference towards one cloud provider over another (based on their experience or other factors), but here I’m trying to compare them from a pure “free cloud provider credits for a bootstrapped startup” perspective,
Yes, let me start from the end :-).
GCP | AWS | Azure | |
---|---|---|---|
Programme Name | Google For Startups | Activate Founders | Microsoft for Startups Founders Hub |
Cloud Credits | $2K | $1K | $1K / $5K / $25K / $120K |
Period | 2 years | 1 year | 1 year |
Support Credits | $350 (for 1 year only |
Note: Prices are in USD
And now let’s dive into each one of the cloud providers and what they offer for bootstrapped startups
Looks like GCP wasn’t offering any free credits to bootstrapped startups but the good news is that from 2022 (not sure about the actual date) they are!
New in 2022: Calling all bootstrapped startups! We know that at the earliest stages, just getting started can feel like the biggest challenge. Self-funded startups can now receive up to $2,000 USD in Cloud credits to use over two years to help build and grow your company from the ground up on Google Cloud.
While AWS Activate has 2 Tiers. Activate Founders is the one for bootstrapped startups
There are a few tiers in Microsoft for Startups Founders Hub and each comes with its own free credits budget.
A few more benefits that Microsoft offers:
Stage | Cloud Credit Budget |
---|---|
Ideate | $1,000 |
Develop | $5,000 |
Grow | $25,000 |
Scale | $120,000 |
Interesting that in their FAQ, they are describing 5 states of a startup. As I read it, you can start applying from the Prototyping state (for an Ideate stage tier) to the Established Market (for a Scale stage tier)
Microsoft for Startups Founders Hub is designed to grow with you. When you complete your application, please choose the stage that best describes your startup’s current state. As you continue to develop and expand your company in the future, you will be able to unlock more benefits and features.
Concept design
You are at the very beginning of your startup journey and are refining your idea and validating your solution by talking to potential users and industry experts. There’s a good chance your idea evolves as you speak to more people, which is completely expected.
Prototyping
You have already gone through some idea validation and are now beginning to build either a wireframe or a prototype to continue user testing. You still may not be certain about moving forward with your product at this stage, and that’s OK!
Building MVP
You know your solution has value and you are jumping into developing a minimally viable product (MVP). Your MVP should be more advanced than your prototype and have enough features planned to make it a functioning solution for potential customers.
MVP in market
You have already launched your MVP product and are focusing on shipping features and winning customers. You should choose this stage if you have developed your product beyond an MVP, but you are still working on acquiring paying customers.
Established market
You have a mature product in the market and have traction in the form of paying customers. If you choose this stage, you should feel you have achieved product market fit and are ready to focus on scaling your company.
There are more cloud providers than these GCP, AWS and Azure that I’ve touched on here. At some stage, I might extend the comparison to other providers.
The next step would also probably be applying to each one of them with an idea and seeing if any would actually accept it.
We may earn a referral fee for some of the services we recommend on this post/website at no cost to you.
The post Choosing a Cloud Provider for a Bootstrapped StartUp appeared first on ISbyR.
]]>