Google Launches ‘AI First’ Program in Africa to Support Local Startups
Global technology giant Google (NASDAQ: GOOGL) has unveiled its latest initiative, Google for Startups Accelerator: AI First, aimed at fostering the growth and development of African startups. The program focuses on integrating artificial intelligence (AI) into various industries to address regional challenges and unlock new possibilities.
Building upon the success of previous initiatives such as Google for Startups Accelerator: Africa, The Google for Startups Black Founders Fund, and The Google for Startups Accelerator: Women Founders, the new ‘AI First’ program demonstrates Google’s commitment to supporting and showcasing African-driven solutions.
The 10-week accelerator program, targeted at African startups at the series A stage, invites applications from companies interested in leveraging AI and machine learning to create Africa-centric solutions. Participants selected for the program will gain access to a range of benefits, including Google’s AI expertise, technical resources, mentorship from experienced AI professionals, and networking opportunities. Furthermore, they will be eligible for up to $350,000 in Google Cloud Credits, providing substantial support for their ventures.
Folarin Aiyegbusi, Head of Startup Ecosystem, Africa, expressed excitement at the launch of the ‘AI First’ program, emphasizing the vibrancy and ever-evolving nature of Africa’s tech landscape. He highlighted the remarkable achievements of African startups in harnessing the power of AI to address unique challenges and set global benchmarks. Aiyegbusi considers the program not merely as a support initiative, but also as a testament to Google’s belief in the vision and potential of these startups.
The Google for Startups Accelerator: Africa program, which was introduced in 2018, has already made a significant impact in the region. It has supported 106 startups from 17 African countries, collectively raising over $263 million in funding and creating more than 2,800 direct job opportunities. The launch of the ‘AI First’ program further solidifies Google’s commitment to nurturing African entrepreneurship and driving innovation across the continent.
Startups interested in participating in the ‘AI First’ program can now submit their applications until September 6, 2023. By leveraging AI and machine learning technologies, African startups hold the potential to not only transform local industries but also contribute to global advancements. Google’s initiative aims to empower these startups, enabling them to realize their full potential and make a meaningful impact in the tech space.
In conclusion, Google’s ‘AI First’ program demonstrates the company’s dedication to supporting African startups and their integration of AI solutions. By offering technical resources, mentorship, and significant funding opportunities, Google aims to empower startups in addressing African challenges and setting new benchmarks for innovation. The ‘AI First’ program represents another step forward in driving the growth of Africa’s tech ecosystem and fostering a vibrant culture of entrepreneurship and innovation.
