Deadline: 17-Apr-22
Google for Startups is inviting applications for Black Founders Fund, an initiative to provide financial resources to early-stage, Black-founded startups across Europe. In addition to the cash awards and credits, successful founders will be connected with the best of Google’s products, practices and people.
If they want technology to work for everyone, it needs to be built by everyone. Black founders in Europe disproportionately lack access to the networks and capital needed to grow their businesses. In 2020, with less than .5% of venture capital (VC) funding going to Black-led startups, Google announced the Black Founders Fund.
The fund is designed to help grow Black-founded tech businesses with a live product in-market or a startup for which technology is core to its mission. It’s not for consultancies or not-for-profits.
Funding Information
Founders will receive up to $100K in equity-free cash, up to an additional $200K in Cloud Credits, and access to the best of Google—people, products, and best practices.
Program Highlights
- Non-dilutive (equity free) cash awards of up to $100,000 per startup
- Up to $200k in Cloud Credits
- Access to a network of mentors to help tackle each startup’s unique challenges
Benefits
- The best of Google: They connect founders with the very best of Google’s people, products and best practices.
- Access to capital: Up to $100,000 in equity-free cash will be awarded to each startup.
- Global community: 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.
Eligibility Criteria
- If your product is in market and you’re ready to fundraise they want to hear from you. The Black Founders Fund is intended for startups led by founders who self-identify as Black and are based in Europe.
- If your product is in market and you’re ready to fundraise they want to hear from you. The Black Founders Fund is intended for startups led by founders who self-identify as Black and are based in Belgium, France or Spain.
For more information, visit https://www.campus.co/europe/black-founders-fund/