Google will give out $4M fund to 60 investable startups in Africa through Startups Black Founders Fund .
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.
In 2021, the Google for Startups Black Founders Fund invested $3M into 50 Black led-startups in Africa. Since then, the selected startups have gone on to raise $73M+ in follow-on funding, hired more staff, and grown their revenues.
Who will apply
The black funders fund is intended for start ups led by founders who self identified as black and are based in Africa .
Visite source to apply through GOOGLE
Applications to the fund are open until 31st May 2022