INSIDE YOUR BUSINESS – Call for applications: Google Black Founders Fund for Startups in SA
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GUEST – Folarin Aiyegbusi - Head of Startup Ecosystem, Africa
Applications have opened for the third cohort of Google's Black Founders Fund for Startups in Africa and Europe. The company has committed $4m to support eligible Black-founded startups in 2023. Startups operating and headquartered in Africa or having a legal presence on the continent are eligible to apply for the Black Founders Fund. Other eligibility criteria for startups that wish to apply are that the business should be benefiting the Black community or that early-stage startups have Black founders or diverse founding teams.
The startups should be building for Africa and the global market, have the growth potential to raise more funding, create jobs and generally be making measurable impact. Upon selection, the startups will receive up to $150,000 equity-free cash awards and up to $200,000 per startup in Google Cloud credits, support in the form of training, and access to a network of mentors to assist in tackling the challenges unique to each startup. The applications for the third cohort will close on 26 March 2023.
Applications have opened for the third cohort of Google's Black Founders Fund for Startups in Africa and Europe. The company has committed $4m to support eligible Black-founded startups in 2023. Startups operating and headquartered in Africa or having a legal presence on the continent are eligible to apply for the Black Founders Fund. Other eligibility criteria for startups that wish to apply are that the business should be benefiting the Black community or that early-stage startups have Black founders or diverse founding teams.
The startups should be building for Africa and the global market, have the growth potential to raise more funding, create jobs and generally be making measurable impact. Upon selection, the startups will receive up to $150,000 equity-free cash awards and up to $200,000 per startup in Google Cloud credits, support in the form of training, and access to a network of mentors to assist in tackling the challenges unique to each startup. The applications for the third cohort will close on 26 March 2023.
