Google AI Fund For Nigeria Startups: Are you a young Nigerian with an entrepreneurial mindset?
The AI Fund in Collaboration with Google is an initiative designed to empower 10 Nigerian startups leveraging AI in their technology products.
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In this post, the full details of the eligibility, benefits, timeline, and application procedure will be provided.
Google AI Fund For Nigeria Startups Abstract
- Host: Google | NITDA
- Category: Competitions || Trainings
- Benefits: N100 million
- Eligibility: Nigeria
- Deadline: Not Specified
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Google AI Fund For Nigeria Startups Details
Artificial Intelligence (AI) is transforming industries worldwide, driving innovation, efficiency, economic growth and new business models.
To unlock the full potential of AI in Nigeria, we are launching the AI Fund in collaboration with Google, a dedicated initiative to support and nurture the next generation of AI-powered startups in Nigeria.
Why is this important for Nigeria?
Nigeria is the largest economy in Africa with a thriving technology ecosystem and a youthful, tech-savvy population.
The country has a rich pool of talent and a growing number of tech entrepreneurs who are creating solutions tailored to the unique challenges of the African continent.
However, despite this potential, Nigerian startups often face funding constraints and lack the necessary resources to scale their solutions.
Google AI Fund For Nigeria Startups Benefits
By fostering the development of Artificial Intelligence in Nigeria, the program aims to:
- Address local challenges with AI solutions.
- Drive job creation and economic growth.
- Establish Nigeria as a competitor in the African and Global AI landscape.
The N100 million fund will provide:
- Financial Support: Grant funding of up to ₦10 million per startup.
- Technical Expertise: Access to Google AI tools, resources, and mentorship from Google engineers.
- Network & Visibility: Connection to Google’s vast network and opportunities for global exposure.
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Google AI Fund For Nigeria Startups Requirements
To be eligible for the Google AI Fund For Nigeria Startups, applicants must satisfy the following conditions:
Company:
- Headquartered in Nigeria.
- Building solutions for the Nigerian market and potentially African/global market.
- Demonstrated market fit and significant growth potential.
Founders:
- At least one Nigerian founder.
- Relevant experience and a strong team positioned for success.
Tech:
- Core AI technology company with a live product in the market.
- Compatibility with Google products and potential to leverage them for growth.
Selection Criteria for Google AI Fund
The program is for 6 weeks – from October 2024 to November 2024
How To Apply for Google AI Fund For Nigeria Startups
To apply for the Google AI Fund For Nigeria Startups, follow the instructions we have outlined below;
- Read the information we have provided on this webpage and ensure your eligibility
- Begin your application by clicking on the button below.
Deadline: September 25th, 2024
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