Google 2023 Black Founders Fund Africa for African Startups

Google 2023 Black Founders Fund Africa for African Startups

When

Mar 26, 2023    
12:00 am

Event Type

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.

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SEE ALSO: TVC Labs 2023 Mentor Pitch Program for Nigerian Startups and Entrepreneurs

Eligibility Criteria

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
SEE ALSO: Mastercard 2023 Smart Path Global Accelerator Program for Small Businesses

Benefits of Google 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.

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.

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