Friday , June 2 2023

Nigeria: Google Launchpad Accelerator will offer $ 3 million to African start-ups


Over the next three years, the Google Launchpad Accelerator Africa program has revealed that it will provide African start-ups with over 3 million dollars of free support, workspace, and access to expert consultants from Google, Silicon Valley and Africa. The participants had road and PR support during each three-month program.

Launchpad is a global mentoring program that helps start-up to build and scale great products by matching them with the best Google – their people, networks and advanced technologies.

Google Launchpad Accelerator Africa is a regional Launchpad program for speeding up the latest African startups at an early stage – released on July 27, 2017 in Google for Nigeria by Google CEO Sundar Pichai, who runs Lagos in Nigeria.

Google released the first Launchpad Accelerator Africa class on November 9, and the applications closed on December 10, 2017.

On March 18, 2018, Google announced a start-up company to participate in the first Google Accelerator Africa Launchpad, including Kenya, Nigeria, South Africa, Ghana, Uganda and Tanzania.

In order to qualify, start-up companies must be in the technology sector, based in Sub-Saharan Africa, targeting the African market that has already started seed funding.

Google has further thought about the problem that launches start-up, how it creates value for users, and how they have actually dealt with the real challenge for your city, country, or Africa.

Launchpad Class 1 ended on June 8, 2018, until then the three-month program linked 12 new entrants with more than 20 teams from Google, as well as 40 mentors from nine countries, including India, the United Kingdom, the United States and Jamaica. Each of them received $ 10,000 in cash non-interest-bearing capital, and between them they raised over $ 7 million.

The initial steps directly created 132 jobs and affected 4.5 million users.

The Launchpad Accelerator Africa Class 2 application was announced on June 8, 2018, and Google has also announced that it will extend the program and include a startup from 11 other African countries.

Thanks to that, Google now accepts applications from start-ups in 17 countries across the continent, including Egypt, Tunisia, Algeria, Morocco, Zimbabwe, Rwanda, Cameroon, Botswana, Senegal, Ethiopia, Ivory Coast and the existing six – Ghana, Kenya, Nigeria, South Africa, Tanzania, Uganda. Class 2 was announced on August 27 and includes 11 start-up companies from six countries.

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