Google AI Fund For Nigerian Startups at National Centre for AI and Robotics (NCAIR) | ₦100m Prize
The Google AI Fund is a ₦100 million initiative designed to empower 10 Nigerian startups leveraging AI in their technology products.
NCAIR in collaboration with Google is launching the AI Fund, a dedicated initiative to unlock the full potential of AI, inspire, and nurture the next generation of AI-powered startups in Nigeria.
Artificial Intelligence (AI) is transforming industries worldwide, driving innovation, efficiency, and new business models. To unlock the full potential of AI in Nigeria, NCAIR in collaboration with Google is launching the AI Fund, a dedicated initiative to inspire and nurture the next generation of AI-powered startups in Nigeria.
The AI Fund in Collaboration with Google is an initiative designed to empower 10 Nigerian startups leveraging AI in their technology products.
Nigeria is the largest economy in Africa with a thriving technology ecosystem and a youthful, tech-savvy population. We have 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.
By fostering the development of Artificial Intelligence in Nigeria, we aim 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.
Eligibility Criteria:
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.
Benefits:
Startups receive:
- 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.
How to Apply?
Deadline: September 25, 2024
