In case you hadn’t heard, Google.org is testing a new innovation in healthcare – trying to track and predict flu epidemics by tracking search queries on Google. THDBlog was fairly clear on why this could be game changing:
…fascinating experiment with a new Google tool on the frontiers of diseases surveillance and global health trends. Remains to be seen how useful this will be and lots of validation needs to be done, but this is yet another example of people outside of traditional health/public health communities who are on the leading edge of public health innovation.
Anyway, that set me thinking on what else Google is up to. Turns out, its fairly easy to find out. So what I did was aggregate their projects, and analyze the resulting spending. Here’s what I found out.
Spending and Type
Google.org has provided USD 110,225,998 in grants and investments. This itself is hardly a huge figure, considering the size of Google, and the ambitions of Google.org. What is interesting is that a large part of this (44%) was spent as investments into renewable energy and plugin hybrid projects.
This makes me wonder why Google.org is spend so much on the “low lying” fruit?
Field of Activity
A look at which areas Google.org spends its money is also illuminating. Again, it seems a large part goes to energy related projects. I have classified energy as renewable energy as well as power related (e.g. plugin-hybrid) projects.
Relatively little is spent on “traditional” philanthropy – health, education, or environment. Again, is there a capacity constraint?
One additional remark: it seems Google.org is funding the World Bank as well. The World Bank Development Marketplace business plan competition received USD 500,000 from Google.
Recipient Country
A look at the distribution of grants, by the country in which organizations are based, is particularly interesting. A few observations:
In concluding, I can make two overarching statements.
First, Google.org’s spending suggests there is an absorption capacity constraint within the broader non-profit sector. Could it be that there just aren’t enough good projects for Google to fund?
And second, while a majority of projects benefit the developing world, the US-centric spending pattern suggests Google.org is embracing Jagdish Bhagwati’s idea, that if you cannot spend in Africa, spend for Africa, elsewhere:
Hi Dweep,
Its Inderpreet reaching out… How’s it going?
Interesting analysis.
As part of my work for UNEP on support for ’sustainable’ SMEs in 2007, I had a chance to interact with folks at Google.org for their SME initiative, which they launched in 2008. They have also launched an investment fund in India this year looking for ‘promising’ start-ups / smes, partnering with Soros Fund & Omidyar.
I wonder if the numbers you presented for India include Google.org’s investments in this fund. It is difficult to find information about this fund, as to what’s its mandate, the kind of sectors it focuses on etc etc.
But all in all, what’s interesting for me is the increasing recognition of mainstream small enterprises as drivers of social and economic change.
Are you aware of other players in the philanthropic sector active in India and looking to fund mainstream startups here?
All the best from Punjab
Inderpreet
Hi Inderpreet, good to hear from you!
The SME fund you mention is not part of these investments – at least not listed on the Google.org website. However, if you want more information on it try to contact Reuben Abraham, who is tasked with setting it up.
I know of a few other funds, but it depends what kind of startup you’re looking at. Feel free to discuss this offline, and I’ll see what I can get you.