About the initiative
If we want technology to work for everyone, it needs to be built by everyone. Black founders in Africa disproportionately lack access to the networks and capital needed to grow their businesses. In 2020, with less than 0.5% of global venture capital (VC) funding going to Black-led startups, Google announced the Black Founders Fund and has since deployed $20M in funding to founders across the US, Europe, Africa, and Brazil. The latest $4M Black Founders Fund in Africa provides 60 founders with up to $100K in capital, up to an additional $200K in Google Cloud Credits, and access to the best of Google—people, products, and practices.