Application Deadline: May 31st, 2022
A Google for Startups initiative giving access to funding to Black-founded startups in Africa.
Through the Google for Startups Black Founders Fund Africa, Google is supporting early-stage, Black-founded startups on the continent. Google want to bridge the existing fundraising gap for Black startup founders in Africa’s fast-growing technology landscape.
Founders will receive up to $100K in equity-free cash, up to an additional $200K in Google Cloud Credits, and access to the best of Google—people, products, and practices.
Eligibility Requirements
Startups must be:
Headquartered in Africa or has a legal presence on the continent
Building for Africa and a global market
Creating jobs, able to show growth potential to raise more funding, and making an impact
With a founding team that is:
Diverse, with at least one Black C-level founding member
Directly supporting the Black community
Technical requirements:
Technology startups with a live product in-market or a business where technology is core to their ability to scale (the initiative is not for consultancies or not-for-profits)
Compatibility with Google products—our products can accelerate your growth
Eligible Countries
Botswana, Cameroun, Côte D’Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, Rwanda, South Africa, Tanzania, Uganda, and Zimbabwe.
Benefits
Access to capital : Up to $100K in equity-free cash will be awarded to each startup. Each startup will receive either $50,000 or $100,000. Funding varies according to each startup’s product development stage, current needs, and how much they’ve already raised.
Global community: At its core, the Black Founders Fund is a global initiative. Selected founders have the opportunity to connect with founders from all over the world.
For More Information:
Visit the Official Webpage of theGoogle for Startups Initiative For Black Founders Fund