Applications for the 2022 Google Startups Black Founders Fund is now open for interested and eligible African entreprenuers.
The fund is an investment commitment of $4 million to 60 eligible black-founded startups across Africa each gettiing at least $100,000.
Following the success of the first cohort last year, Google will increase its commitment with an additional $1 million in funding, and support for 10 more founders this year.
Several other scholarships are available in the United States, Germany, United Kingdom and Canada that offers full scholarships and monthly allowances. Here are some suggestions you should check out;
- The 2022 University of Michigan-Dearborn Undergraduate Scholarship in USA | offers Full Scholarships and $10,000 annual stipend.
- The 2022 DAAD Friedrich Ebert Foundation Scholarship to study in Germany | offers Full Scholarships and €12,444 annual stipends
- 2022 University of Maine Scholarships to study in USA | offers Full Scholarships and $23,000 annual stipends
Summary
- Host: Google
- Category: Competitions | Fellowships
- Eligible Countries: African Countries
- Reward: $100,000 Grant
- Network
- Deadline: May 31, 2022
- Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE
Details:
The Black Founders Fund is intended for startups led by founders who self-identify as Black and are based in Africa. If your product is in-market and you’re ready to fundraise, we want to hear from you.
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.
Join any of these WhatsApp Groups to receive Scholarship alerts on WhatsApp
Requirements:
To be considered for the Google Startups Black Founders Fund, you must meet the following requirements;
- Early-stage startups with black founders or diverse founding teams,
- Startups that are benefiting the black community,
- Operating and headquartered in Africa,
- Startups with a diverse founding team with at least one black founding member;
- Those having a legal presence on the continent and building technology solutions for Africa and the global market;
- Those who have the growth potential to raise more funding and create jobs.
MORE SCHOLARSHIPS ABROAD | CHECK NOW
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2027 TU Delft Scholarships in Netherlands | Fully Funded
Edinburgh Online Mastercard Scholarship in UK for Africans 2027 | Fully Funded
Tulane University Scholarships in USA 2027 | How To Apply
How To Apply for Harvard University Scholarships in USA 2027 (Fully Funded)
Duration and Reward
- Access to capital up to $100K in equity-free cash will be awarded to each startup.
- We connect founders with the very best of Google’s people, products, and practices.
- At its core, the Black Founders Fund is a global initiative. Selected founders have the opportunity to connect with founders from all over the world.
Method of Application
- The winners will be announced on 29 July 2022.
- Interested and qualified entreprenuers should click on the button below to commence their application.
Deadline: May 31, 2022
Visit HERE to check out many more Scholarship opportunities.
Receive Scholarship Updates through our Social Media Channels:
- WhatsApp: Scholarship Region WhatsApp
- Facebook: Scholars Region
- Twitter: @scholarsregion
- Telegram: Scholarship Region
