The tech giant, Googleundertakes to pay $4 million to 60 eligible start-ups across Africa as applications open for the second edition of the “Google for Start-up Black Founders Fund for Africa“.
Google for Startups Black Founders Fund was launched following the 2020 movement Black Lives Matter as part of Google’s commitments to racial equality. The initiative is a commitment to creating economic opportunity for black business owners.
Following the success of the first edition last year, Google has stepped up its commitment with an additional $1 million in funding and support for 10 additional founders this year; resulting in a commitment of $4 million in favor of 60 eligible start-ups founded by black people across Africa.
The Fund is open to startups that meet the eligibility criteria in Nigeria, Botswana, Cameroon, Ivory Coast, Ghana, Ethiopia, Kenya, Rwanda, Senegal, South Africa, Tanzania , Uganda and Zimbabwe.
Applications will be closed on May 31stwhile the winners will be announced on July 29, 2022.