Opportunity

Google for Startups Black Founders Fund Africa ($4M Fund is Allocated to 60 Startups in Africa.)

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Through the Google for Startups Black Founders Fund Africa, we are supporting early-stage, Black-founded startups on the continent. We want to bridge the existing fundraising gap for Black startup founders in Africa’s fast-growing technology landscape.

This non-dilutive $4M fund is allocated across a pipeline of 60 investable startups in Africa. Applications for the latest $4M Black Founders Fund in Africa are now open until May 31st (23:59 GMT). Find out more and apply below. 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.

Google wants to bridge the existing fundraising gap for black startup founders in Africa’s fast growing technology landscape. Through the Google for Startups Black Founders Fund Africa, they are supporting early-stage startups on the continent that are founded by black-led or diverse teams or who are directly benefitting the black community. This non- dilutive $4 million fund is allocated across a pipeline of 60 investable black-founded startups in Africa. The fund is open to all startups that meet the criteria, with priority given to Google for Startups Accelerator & Partner program alumni.

This fund will be given along with mentorship support and Google platform credits to help the startups grow.

Initiative benefits

  • The best of Google They connect founders with the very best of Google’s people, products, and practices.
  • Access to capital Up to $100K in equity-free cash will be awarded to each startup.
  • 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.
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Who Should Apply

Early-stage startups with black founders or diverse founding teams operating and headquartered in Africa.

Program Highlights

  • Non-dilutive (equity free) cash awards of up to $100,000 per startup
  • Up to $200k in Google Cloud credits
  • Access to a network of mentors to help tackle each startup’s unique challenges
  • Access to the best of Google – people, products, and best practices

APPLY NOW

OFFICIAL WEBSITE

Source:thrievopportunites.org

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