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Google for Startups Black Founders Fund: Brazil

This initiative provides cash awards and support to Black-led startups in Brazil, helping them overcome barriers to entrepreneurship and grow their businesses without giving up equity.

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Active
Rolling Deadline
Grant Description

The Google for Startups Black Founders Fund: Brazil offers cash awards, without requiring equity in return, along with hands-on support to assist Black-led startups in Brazil in building and growing their businesses. Applications are accepted on a rolling basis and will be considered for the next round. About the Initiative: With over 56% of Brazilians self-identifying as Black, and 29% of them owning their own businesses, Black Brazilian founders encounter unique barriers to entrepreneurship. A significant portion of Black entrepreneurs report being denied credit without explanation, leading many to rely on personal savings or support from family and friends to launch their businesses. The Google for Startups Black Founders Fund addresses this market gap by providing equity-free capital to help entrepreneurs grow their businesses. Key Benefits: Access to Capital: Receive support without diluting equity ownership. Google Cloud Credits and Support: Access Google Cloud credits and dedicated support through the Google for Startups Cloud Program. Founder Network: Connect and receive support from fellow founders within the Google for Startups alumni network. Custom Mentorship: Receive tailored product and leadership support from Google mentors and industry experts. Leadership Training: Enhance leadership skills through research-based strategies and expert coaching. Entry Criteria: Diverse company, including at least one Black founder on the team. Through the Google for Startups Black Founders Fund, we aim to empower Black-led startups in Brazil, providing them with the support and resources they need to thrive in the entrepreneurial landscape.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Additional Requirements

Eligible applicants must be Black-led startups with at least one Black founder, operating in Brazil, and at the seed or pre-seed investment stage.

Geographic Eligibility

Brazil

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Google for Startups

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Categories
Business and Commerce
Community Development
Diversity Equity and Inclusion