Yesterday, Google for Startups announced the 46 U.S. recipients of this year’s Black and Latino Founders Fund. The participants receive $150,000 in equity-free cash to help fuel their business, sales, and fundraising training, technical support from Google mentors, up to $100,000 in Google Cloud credits, and mental health coaching from a team of Black and Latino therapists. Over the past month, Google has welcomed 99 Black Founders Fund recipients in the U.S., Africa, Europe, and Brazil. Here are some of the recipients chosen from the U.S. Meet some of the
Google for Startups is accepting applications for its Black Founders Funds in the US, Europe, Africa, and Brazil, and its Latino Founders Fund in the US. This year also marks the first time Google for Startups has opened the US funds to the public. In previous years, Google reportedly selected US businesses solely through referrals. Less than 0.5% of funding goes to Black-led startups, even though 77% of them are revenue-generating and create an average of 5.4 jobs each. First announced in June 2020, the Black Founders Fund was launched as
