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Google Announces Ksh47 million Funding Opportunity for New Business Owners

April 30, 2024
Reading Time: 4 mins read
Google Invites Applications For Startup Funding Program

Google headquarters. PHOTO/Google.

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Google has announced the opening of applications for the 8th cohort of its prestigious Google for Startups Accelerator Africa program.

This year’s edition will have a strong focus on startups leveraging cutting edge technologies like artificial intelligence (AI) and machine learning (ML) to tackle critical challenges and unlock new opportunities across the continent.

The program is a three-month, equity-free virtual program that provides African startups with invaluable mentorship, technical resources, and access to a global network of experts and investors.

Eligible startups must be based in Africa or developing Africa-centric solutions and should be utilizing AI/ML in a transformative way.

Google Invites Applications For Startup Funding Program
The poster announcing the deadline for the Google Program. PHOTO/Google

“We’re excited to support the next generation of African AI pioneers through the Google for Startups Accelerator, providing them with the resources and mentorship they need to build successful, impactful businesses,” said Folarin Aiyegbusi, Head of Startups Ecosystem, Africa at Google.


Also Read: Google to Delete Browsing Records After Being Dragged to Court


“Africa’s tech ecosystem is a hotbed of innovation, and AI has the potential to be a transformative force across various sectors.” he added.

Benefits of Selected Startups for the Google Program

Startups selected for this cohort will receive equity-free support of up to $350,000 (Ksh 47,250,000) in Google Cloud credits, personalized guidance from Google AI experts and industry leaders, and in-depth training on AI/ML development and scaling.

Additionally, the startups will have the opportunity to connect with potential investors, partners, and customers, as well as join a supportive network of fellow founders facing similar challenges and opportunities.

“In Africa, digital transformation is accelerating rapidly, and startups play a vital role in shaping the continent’s future,” Google noted in a statement.

“From fintech and agritech to healthcare and education, these innovative ventures are driving economic growth, creating jobs, and solving some of society’s most pressing challenges.”

Deadline for submissions

The deadline for submissions is May 20, 2024, and the program will kick off on June 24, 2024.

“Applications are open from April 29 to May 20, 2024. Visit g.co/AcceleratorAfrica to learn more and submit your application. Don’t miss this chance to accelerate your startup with Google!” said Google.


Also Read: 40 Kenyans Among Youth Selected for Prestigious US Program


Kenyan entrepreneurs are encouraged to apply as the opportunity to be part of this prestigious program could be a game changer for startups looking to scale their impact and make a lasting difference in their communities.

Details About the program

Since it was founded in 2018, the Google for Startups Accelerator Africa program has already made a significant impact, supporting 106 startups from 17 African countries.

These startups have collectively raised over $263 million and created more than 2,800 direct jobs, showcasing the immense potential of the continent’s entrepreneurial talent.

The 8th cohort of the program, which will run from June to September 2024, promises to be even more transformative.

Do you want to be part of an updated community without the interruptions of unwanted messages? Click the link below and join our WhatsApp Channel!

https://whatsapp.com/channel/0029VaB3k54HltYFiQ1f2i2C

Google Invites Applications For Startup Funding Program
Participants of the last Edition of the Google Accelerator Program. PHOTO/Courtesy
Tags: GoogleKenyan Startups

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