Through the google Startups Black Founders Fund Africa, we are supporting early-stage Black-founded startups and startups that are benefitting the Black community 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 $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 Startups Accelerator and Partner program alumni.
This fund will be given along with mentorship support and it`s platform credits to help the startups grow.
About Us
Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.
It is considered one of the Big Four technology companies, alongside Amazon, Apple, and Facebook. it was founded in September 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University in California.
The company’s rapid growth since incorporation has triggered a chain of products, acquisitions, and partnerships beyond it`s core search engine.
It offers services designed for work and productivity (Google Docs, Google Sheets, and Google Slides), email, scheduling and time management, cloud storage (Google Drive), instant messaging and video chat (Duo, Hangouts), language translation, mapping and navigation, video sharing (YouTube), note-taking, and photo organizing and editing.
The company leads the development of the Android mobile operating system, the Chrome web browser, and Chrome OS, a lightweight operating system based on the Chrome browser. it has moved increasingly into hardware; from 2010 to 2015.
it partnered with major electronics manufacturers in the production of its Nexus devices, and it released multiple hardware products in October 2016, including the Google Pixel smartphone, Google Home smart speaker, and Google Daydream virtual reality headset. Google has also experimented with becoming an Internet carrier.
Aim and Benefits of Black Founders Fund
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.
Requirements for Black Founders Fund Qualification
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 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—our products can accelerate their growth.
Application Deadline
March 26, 2023
How to Apply
To apply, visit the program page at https://goo.gle/ApplyforBFFAfrica and learn more about the eligibility criteria and how to apply. Applications are open now and will close on March 26.
For more details, visit Google Africa blog website.
