Google for Startups Black Founders Fund: United States provides cash awards — without giving up equity in return — and hands-on support to help Black-led startups in the U.S. build and grow their businesses.
Donor Name: Google for Startups
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 02/16/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Google for Startups Black Founders Funds provides cash funding (no equity taken) to promising early stage tech founders in the US. In addition to non-dilutive capital and $100K in Google Cloud credits, recipients will also receive hands-on mentorship and support across the company, as well as access to mental health therapy. Since 2020, Google for Startups has invested $50M+ in cash funding to founders who have gone on to raise $500M+ in follow-on funding.
Key Benefits
- Access to capital
- Up to $150,000 in equity-free cash will be awarded to each startup.
- Google Cloud credits and support
- Receive Google Cloud credits and dedicated support via the Google for Startups Cloud Program.
- Founder network
- Connect and get support from fellow founders as part of the Google for Startups alumni network.
- Custom mentorship
- Receive tailored product and leadership support from Google mentors and industry experts.
- Leadership training
- Become a more effective leader through research-based strategies and expert coaching.
- Mental health & wellbeing
- Being a founder is tough. Receive therapy that can help you perform at your best.
Entry Criteria
- Companies with at least one Black founder in their founding team
- Between pre-seed and Series A
- Seeking to raise an institutional round of funding to develop their next stage of growth
- Building a tech-driven scalable product or service with a significant total addressable market and defensible growth model.
Core Eligibility Criteria
- Company is US based, and founder actively
- Founder Full-time
- Actively using AI
- At least demonstrated customer traction.
For more information, visit Google for Startups.