Applications are now open for The Google for Startups Funds for Early-stage African Startups ($4 million in funding).
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 for Google for Startups Funds
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 for Google for Startups Funds:
- 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 for the Google for Startups Funds
- 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 the Google for Startups Black Founders Fund Africa Program 2022