The Black Founders Fund is A Google for Startups initiative giving access to funding to Black-founded startups in Africa.
About the initiative
The Google for Startups Black Founders Fund is an initiative to provide financial resources to early-stage, Black-founded startups across Africa. In addition to the cash awards and credits, successful founders will be connected with the best of Google’s products, practices and people.
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.
Applications for the latest Founders Fund in Africa are now open until the 26th March 2023, Founders will receive up to $150k in an equity free cash award, up to a further $200k in Cloud Credits and access to the best of Google – people, product and best practices.
Who should apply?
We want to hear from you if your product is on the market and you’re ready to raise funds. The Black Founders Fund is designed to support startups led by Black founders.
1) Non-dilutive (equity free) cash awards of up to $150,000 per startup
2) Up to $200k in Cloud Credits
3) Access to a network of mentors to help tackle each startup’s unique challenges
Deadline for application ends on 26th March 2023
For more details visit Google for Startups
Thank you for reading this post, don't forget to subscribe!