Innovation

2022 Google Black Founders Fund for Africans is now accepting applications

Image courtesy of Google

Tech giant Google has announced the second edition of its Black Founders Fund aimed at early-stage startups in Africa.

In 2021, the Google for Startups Black Founders Fund invested $3M into 50 Black led-startups in Africa. Since then, the selected startups have gone on to raise $73M+ in follow-on funding, hired more staff, and grown their revenues.

Through the Google for Startups Black Founders Fund Africa, Google is supporting early-stage startups on the continent that are founded by black-led or diverse teams or who are directly benefitting the black community. This non-dilutive $4 million fund is allocated across a pipeline of 60 investable black-founded startups in Africa. The fund is open to all startups that meet the criteria, with priority given to Google for Startups Accelerator & Partner program alumni.

This fund will be given along with mentorship support and Google platform credits to help the startups grow. 

Who Should Apply

Early-stage startups with black founders or diverse founding teams operating and headquartered in Africa. 

Program Highlights

  • Non-dilutive (equity-free) cash awards of up to $100,000 per startup 
  • Up to $200k in Google Cloud credits
  • Access to a network of mentors to help tackle each startup’s unique challenges
  • Access to the best of Google – people, products, and best practices

Applications to the fund are open until 31st May 2022

Find out more here.

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