Google to release ksh 456M fund targeting Kenyans, How to become a beneficiary
Founded during the ‘Black Lives Matter’ protest, the fund dubbed “Black Founders Fund (BFF)” for Africa will target Kenyans and other Africans with unique business Ideas, giving them a chance to further their budding businesses.
The money will be injected into 60 African startups which upon successful selection will receive between ksh 5 million and the 10million.
In addition the startups will have access to mentors from different backgrounds and a ksh 20million google cloud credits.
Other countries that the fund targets include; South Africa, Ethiopia, Ivory Coast, Ghana, Nigeria, Senegal, Cameron and Botswana.
Head of startup Ecosystem, SSA, Folarin Aiyegbusi explained, ” the fund will provide cash awards and hands on support to 60 black led startups in Africa, which we hope will aid in developing affordable solutions to fundamental challenges affecting those at the base of socio-economic Pyramid in Africa.
To benefit from the find;
- Those interested should be blacks with a startup in ots early atages with headquarters inAfrica.
- The budding business should have the potential to benefit the African community and the global market and creating jobs.
- Application deadline is on may 31 2022 and successful applicants will be unveiled on July 29, 2022.
Application link: http://www.campus.co/africa/black-founders-fund/