Google Launches Equity-Free AI Accelerator Program for African Startups
Google has announced the launch of its equity-free accelerator program called ‘Google for Startups Accelerator: AI First’ for African startups. The initiative aims to support startups in Africa that are using artificial intelligence (AI) to solve local challenges.
Startups up to the series A stage based in Africa, or those building Africa-centric solutions with AI and machine learning, are invited to apply for the 10-week accelerator program. Participants will gain access to Google’s AI expertise, technical resources including up to $350,000 in Google Cloud credits, mentorship from experienced AI professionals, and networking opportunities.
The program recognizes the transformative role of AI worldwide, with the potential to innovate industries and reimagine possibilities. By highlighting the significant contributions of African startups in addressing pressing challenges through the use of AI, Google aims to support and promote African-driven solutions.
Folarin Aiyegbusi, Google’s head of startup ecosystem in Africa, expressed admiration for the vibrant and ever-evolving tech landscape on the continent. He emphasized the inspiring achievements of African startups in leveraging AI to tackle unique challenges and set benchmarks for the world. Aiyegbusi further stated that the program aims to provide the necessary support and guidance for these startups to realize their full potential.
Since its launch in 2018, Google’s startup accelerator program in Africa has supported 106 startups from 17 countries in the region. These startups have collectively raised over $263 million in funding and created more than 2,800 direct job opportunities.
Interested startups are encouraged to apply for the program by September 6, 2023, via the website g.co/acceleratorafrica. This initiative by Google reaffirms the company’s commitment to empowering and uplifting startups in Africa, contributing to the growth of the continent’s tech ecosystem.
In Summary:
– Google has launched the ‘Google for Startups Accelerator: AI First’ program for African startups.
– The 10-week accelerator program is open for application and aims to support startups using AI to solve local challenges.
– Participating startups will have access to Google’s AI expertise, technical resources, mentorship, and networking opportunities.
– The program recognizes the transformative role of AI globally and highlights the contributions of African startups.
– Since 2018, Google’s startup accelerator program in Africa has supported 106 startups and created job opportunities in the region.
– Interested startups can apply by September 6, 2023, via g.co/acceleratorafrica.