Google Offers $4m Black Founders Fund For 60 Eligible Start-ups Across Africa

Google has announced that 60 eligible black-founded start-ups would be given a total of four million dollars in the second cohort of Google for Start-up Black Founders Fund (BFF).

Mr Folarin Aiyegbusi, Google’s Head of Start-up Ecosystem, Africa,   made this known  on Tuesday in a statement announcing the opening of applications for Google for Start-up Black Founders Fund for Africa.

He said that it would result in a commitment of four million dollars to 60 eligible Black-founded start-ups across Africa.

According to him, BFF Africa is open to start-ups in Nigeria, Botswana, Cameroun, Côte d’Ivoire, Ghana, Ethiopia, Kenya, Rwanda, Senegal, South Africa, Tanzania, Uganda and Zimbabwe.

He said that while the 13 countries were the prime focus due to their active tech and start-up ecosystems, strong applications from other African countries would be considered.

‘’The Black Founders Fund Africa demonstrates our commitment to supporting innovations in underserved areas.

‘’Black-led tech start-ups face an unfair venture capital funding environment; that is why we are committed to helping them thrive to be better and ensure the success of communities and economies in our region.

‘’The fund will provide cash awards and hands-on support to 60 Black-led start-ups in Africa, which we hope will aid in developing affordable solutions to fundamental challenges affecting those at the base of the socio-economic pyramid in Africa.

 

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