NCAIR/Google AI Fund For Nigerian Startups (N10 Million)

The AI Fund in collaboration with Google is a ₦100 million initiative designed to empower 10 Nigerian startups leveraging AI in their technology products.

This application fund seeks to identify 10 innovative Nigerian startups leveraging AI to solve critical challenges. By providing information about your team, product, market traction, and financial performance, you’ll increase your chances of securing funding and support from Google.

The NCAIR/Google AI Fund For Nigerian Startups is a partnership between the Nigerian government and Google to support innovation in artificial intelligence in Nigeria

We are now in an era where Artificial Intelligence (AI) is disrupting industries globally, bring about innovation, operational efficiency, economic growth and business transformation. To unlock the untapped potential of AI in Nigeria, government must implement policies and leverage on the right partnership in order to support the next generation of AI-powered startups in Nigeria.

Why NCAIR/Google AI Fund?

Artificial Intelligence is rapidly transforming industries around the world, including healthcare, finance, agriculture, and education. For Nigerian startups, AI represents a tremendous opportunity to solve local problems, create jobs, and position the country at the forefront of technological advancement. This fund is specifically targeted at startups that are leveraging AI to address pressing challenges or create new opportunities in any sector.

Benefits of the Fund

The NCAIR/Google AI Fund offers numerous benefits to startups, including:

• Financial Support: Grant funding of up to ₦10 million per startup.

• Technical Expertise: Access to Google AI tools, resources, and mentorship from Google engineers.

• Network & Visibility: Connection to Google’s vast network and opportunities for global exposure.

Eligibility Criteria

Company:

• Headquartered in Nigeria.
• Building solutions for the Nigerian market and potentially African/global market.
• Demonstrated market fit and significant growth potential.

Founders:

• At least one Nigerian founder.
• Relevant experience and a strong team positioned for success.

Tech:

Compatibility with Google products and potential to leverage them for growth.

Core AI technology company with a live product in the market.

Application Process

To apply for the NCAIR/Google AI Fund, startups need to submit an online application that includes:

The program is for 6 weeks – from October 2024 to November 2024

Call to Action:

Interested in applying for the NCAIR/Google AI Fund? Visit Google AI Fund to get started!

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