Tech giant, Google, has announced the commencement of applications for the 8th cohort of its Google for Startups Accelerator Africa program.
In a statement released by the company, this cohort will specifically target startups utilizing artificial intelligence and machine learning to tackle significant challenges and unlock new opportunities across the continent.
Highlighting the pivotal role startups play in driving innovation and addressing societal challenges, Google emphasized the accelerating pace of digital transformation in Africa. From fintech and agritech to healthcare and education, startups are shaping the continent’s future.
Selected startups will undergo an accelerator program from June to September 2024, benefiting from a $350,000 allocation in Google Cloud Credits without equity requirements. Additionally, they will receive personalized guidance from Google AI experts, seasoned entrepreneurs, and industry leaders, along with comprehensive training on AI/ML development, product strategy, and scaling. Furthermore, they will gain access to potential investors, partners, and customers, as well as a supportive network of fellow founders.
Folarin Aiyegbusi, Head of Startups Ecosystem, Africa at Google, expressed enthusiasm for supporting the next generation of African AI pioneers through the program. He highlighted Africa’s vibrant tech ecosystem and the transformative potential of AI across various sectors.
The Google for Startups Accelerator Africa is a three-month, equity-free virtual program providing African startups with mentorship, technical resources, and access to a global network of experts and investors.
Since its inception in 2018, the program has supported 106 startups from 17 African countries, collectively raising over $263 million and creating more than 2,800 direct jobs. Notably, three Nigerian startups were among the 11 selected in the 2023 edition.
For the 2024 cohort, applications are open from April 29 to May 20, 2024, and interested startups can submit their applications online.