Through the Google for Startups Black Founders Fund Africa, Google is supporting early-stage, Black-founded startups on the continent. They 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.
WORTH
- Google connects founders with the very best of their people, products, and practices.
- Up to $100K in equity-free cash will be awarded to each startup.
- 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.
ELIGIBILITY
- 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
DEADLINE: May 31 2022
To apply and for more information visit here
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