Through the Google for 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 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.
Google Startups Black Founders Fund
- Type: Entrepreneurs
- Organisation: Google
- Gender: Men and Women
- Application Deadline: July 7, 2021
Aim and Benefits of Google Startups Black Founders Fund
Early-stage startups with black founders or diverse founding teams operating and headquartered in Africa.
- 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
Requirements for Google Startups 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
- 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
July 7, 2021
How to Apply
Interested and qualified? Go to Google on gfepublic.secure.force.com to apply
The Black Founders Fund is intended for startups with self-identifying Black leaders or companies directly supporting the Black community.
We encourage established startups based in Africa who are seeking seed-stage funding to apply. Applications are open now through July 7, 2021.
For more details, click here