https://sputnikglobe.com/20220907/google-black-founders-fund-announces-60-selected-start-ups-across-africa-1100475204.html
Google Black Founders' Fund Announces 60 Selected Start-ups Across Africa
Google Black Founders' Fund Announces 60 Selected Start-ups Across Africa
Sputnik International
Google for Start-ups Black Founders' Fund (BFF) for Africa was introduced to invest in Black entrepreneurs. In 2021, Google invested $3Mln in 50 Black-led... 07.09.2022, Sputnik International
2022-09-07T10:49+0000
2022-09-07T10:49+0000
2022-11-23T11:36+0000
africa
google
startup
https://cdn1.img.sputnikglobe.com/img/07e5/02/0f/1082086475_0:160:3073:1888_1920x0_80_0_0_f0f9489dd6a376befc72818c6e11c8a8.jpg
Google has announced that 60 eligible black-founded start-ups across Africa were selected for the second group of Google for Start-ups Black Founders' Fund for Africa. The company is giving out grants of $100,000 to Black founders of early-stage start-ups.This year the number of beneficiaries was raised to 60 - up from 50 in 2021; Google is funding an equal number of male and female-founded start-ups.Of the 60 start-ups selected by Google, 23 are Nigerian, the second year in a row that start-ups from that country have dominated the list. Kenya comes second with 12 recipients and Rwanda is third with six.
africa
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2022
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
google, startup
Google Black Founders' Fund Announces 60 Selected Start-ups Across Africa
10:49 GMT 07.09.2022 (Updated: 11:36 GMT 23.11.2022) Google for Start-ups Black Founders' Fund (BFF) for Africa was introduced to invest in Black entrepreneurs. In 2021, Google invested $3Mln in 50 Black-led start-ups in Africa through the fund.
Google has announced that 60 eligible black-founded start-ups across Africa were selected for the second group of Google for Start-ups Black Founders' Fund for Africa. The company is giving out grants of $100,000 to Black founders of early-stage start-ups.
“Selected start-ups will receive $100,000 in non-dilutive cash awards, paired with up to $200,000 in Google Cloud credits per start-up,” Google said in a statement on Tuesday.
This year the number of beneficiaries was raised to 60 - up from 50 in 2021; Google is funding an equal number of male and female-founded start-ups.
"We are now pleased to announce that 60 additional start-ups have been selected as beneficiaries of the Google for Start-ups Black Founders' Fund in Africa 2022! This cohort represents 10 African countries, with Botswana joining the program for the first time," Google stated.
Of the 60 start-ups selected by Google, 23 are Nigerian, the second year in a row that start-ups from that country have dominated the list.
Kenya comes second with 12 recipients and Rwanda is third with six.
