60 African Startups Receive $4 Million Equity-free Funding From Google

Sep 16, 2022 · 2m
60 African Startups Receive $4 Million Equity-free Funding From Google
Description

Google announced that 60 African startups have been selected for the second cohort of its Google for Startups Black Founders Fund. Each of the selected startups will receive support in...

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Google announced that 60 African startups have been selected for the second cohort of its Google for Startups Black Founders Fund.
Each of the selected startups will receive support in the form of a 6-month training programme that includes tailored workshops, community-building sessions and access to a network of mentors to assist in tackling challenges that are unique to them.
The 60 startups will also get equity-free funding between $50,000 and $100,000, and up to $200,000 in Google Cloud credit.
The Google for Startups programme has created over 4,600 jobs through the startups it invested in, with the startups going on to raise more than $290 million in funding.
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Author Africa Business Radio
Organization Africa Business Radio
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