A Google for Startups initiative giving access to funding to Black-founded startups in Europe.
Watch the 2021 videoIf we want technology to work for everyone, it needs to be built by everyone. Black founders in Europe disproportionately lack access to the networks and capital needed to grow their businesses. In 2020, with less than .5% of venture capital (VC) funding going to Black-led startups, Google announced the Black Founders Fund and has since deployed $20M in funding to founders across the US, Europe, Africa, and Brazil. The latest $4M Black Founders Fund in Europe provides 40 founders with $100K in capital, up to an additional $200K in Google Cloud Credits, and access to the best of Google—people, products, and practices.
We connect founders with the very best of Google's people, products and best practices.
Up to $100,000 in equity-free cash will be awarded to each startup.
At its core, the Black Founders Fund is a global initiative. Selected founders have the opportunity to connect with founders from all over the world.
In 2021, the Google for Startups Black Founders Fund invested $2M into 30 Black led-startups in Europe. In 2022, we are investing double the amount $4M into 40 Black led startups. Since 2021, our startups have gone on to raise $81M in follow-on funding, hired 100+ more staff, I and increased revenues by over 81%.
Being part of the BFF community and connecting with my Black Founder peers across Europe was the tribe I didn't even realise I needed. It's incredible to be connected with peers who are really excelling across so many different sectors. It's been very inspiring to see how our cohort has grown in the past year.
Deborah Choi, Founder at Bosque
