Following the success of the Google for Startups Black Founders Fund in the US, Europe, and Brazil, Google is now expanding the program with a $3 million Africa Black Founders Fund. The program will offer grants and other technical assistance to early-stage startups led by diverse teams or with goals of endearing the black community.
This $3 million non-dilutive fund will be spread out across a pipeline of 50 investible African startups where they receive up to 100,000 in cash awards, $220,000 in Google Cloud Credits, Ad Grants, mentoring, technical and scaling assistance. This equity-free fund is available for African enterpreneurs.
The program is run as a partnership with the Co-Creation Hub, one of Google’s startup partners and a lead tech community hub with a presence in Kenya, Nigeria, and Rwanda while distributing the funding to 50 select companies across Africa. The application window remains open till July 7th and all eligible startups can apply here.