Google Officially Opens Offices in El Salvador with $200,000 Subsidy for Female Entrepreneurs
Technology giant Google has officially opened its offices in El Salvador, accompanied by the country’s president on leave, Nayib Bukele. The inauguration ceremony also included the announcement of a $200,000 subsidy for female entrepreneurs.
Eduardo López, president of Google Cloud for Latin America, expressed pride in opening offices in El Salvador, calling it a milestone for the company. This office opening is part of an agreement signed in August 2023 with the Salvadoran Government, which includes allocating at least $500 million from the Salvadoran state budget for services.
Google’s projects in El Salvador focus on modernizing the country in the areas of digital government, health, and education. President Bukele emphasized the country’s progress, stating that collaborations with Google will include projects in digital security, customs, cadastre, permit processes, and the opening of a technological center for training Salvadorans.
Prior to the inauguration, Eleonora Rabinovich, from Government Relations and Public Affairs for Google Hispanoamérica, announced a $200,000 subsidy to the Promujeres organization to support the development of entrepreneurs in El Salvador. This funding will provide access to financing and training in digital skills for businesses, aiming to help them grow.
The strategic alliance between El Salvador and Google is mandated by a law approved in September by the Legislative Assembly, requiring the country to allocate a minimum of $500 million in the coming years for this partnership. State institutions must ensure the corresponding funds are available if they sign individual agreements to obtain Google services.
The Foreign Ministry of El Salvador has designated this agreement as reserved for 7 years, emphasizing the long-term commitment to digitalization and economic development.