BUSINESS
Google Invites African Start Ups To Apply For Virtual Accelerator Programme
Google has announced the commencement of applications for its three-month virtual accelerator programme for start ups in 17 African countries.
The countries include: Algeria, Botswana, Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, and Zimbabwe.
Mr Andy Volk, who leads Google’s developer and start up ecosystem efforts in Sub-Saharan Africa, stated this in a statement on Wednesday, in Lagos.
He said that the successful early-growth stage start up applicants (from seed to Series A) would gain access to equity-free support, alongside the best of Google’s networks, advanced technology.
Volk said that successful applicants would benefit from experts and mentors through Google for Start ups Accelerator Africa’s (GFSAA) week-long virtual boot camps every month from March to May 2022.
“We are honoured to have yet another opportunity to connect with African innovators and empower them through the seventh Class of the GFSAA.
“We know that, as with previous Classes, we are on the move to uncover some outstanding technology-led solutions to some of the continent’s most pressing challenges, developed by Africans themselves,” he said.
Volk said that one of such solutions came from Ndovu, a Class 6 alumnus dedicated to empowering Africans to develop wealth by promoting financial literacy and providing tools to aid with diversifying financial risks, strengthening security, and increasing financial resilience.
He said that Ndovu has a 53% female client base, also has a gender-balanced staff comprising a complement of 50% female staff and 50% female board members.
Launched in 2017, the Google for Start ups Accelerator Africa programme was designed to help start ups scale their solutions across the continent.
According to the statement, 82 start ups from 17 African countries had participated and successfully raised more than US$117 million in funding and created more than 2,800 jobs on the continent.
The present Google initiative comes five months after Google renewed its commitment to growing Africa’s start up ecosystem with $6 million in grants and funding for the Black Founders Fund (BFF) Africa programme and to the Tony Elumelu Foundation.
The News Agency of Nigeria reports that all interested start ups could submit their applications at g.co/AcceleratorAfrica.
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