Call for Applications: Google for Startups Black Founders Fund Africa 2021
Through the Google for Startups Black Founders Fund Africa, they are supporting early-stage Black-founded startups and startups that are benefitting the Black community 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 $3 million fund is allocated across a pipeline of 50 investable startups in Africa. The fund is open to all startups that meet the criteria, with priority given to Google for Startups Accelerator and Partner program alumni. This fund will be given along with mentorship support and Google platform credits to help the startups grow.
Benefits
- Non-dilutive (equity free) cash awards of up to $100,000 per startup;
- Up to $220k in Google Ads grants and Google Cloud credits;
- Access to a network of mentors to help tackle each startup’s unique challenges.
Eligibility
Open to a startup that is:
- Headquartered in Africa or has a legal presence on the continent.
- Building for Africa and a global market.
- Creating jobs has the 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 business where technology is core to their ability to scale (not for consultancies or not-for-profits).
- Compatibility with Google products—their products can accelerate their growth.
Eligible Countries
They are currently accepting applicants from the following countries in Africa: Botswana, Cameroun, Cote D’Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, Rwanda, South Africa, Tanzania, Uganda, and Zimbabwe.
How To Apply
They encourage established startups based in Africa who are seeking seed-stage funding to apply. Applications are open now through July 7, 2021.
For more information, visit Google for Startups
Application Deadline: July 7, 2021
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