Google has inaugurated its ground-breaking AI First Accelerator Program tailored explicitly for African startups. Operating over a 10-week period, this equity-free accelerator is open to companies from Seed to Series A funding stages. The program is not restricted to any specific industrial sector, but there is a catch: your startup must be leveraging technologies in the realm of Artificial Intelligence (AI) and Machine Learning (ML).
|🚀 Programme||10-week equity-free accelerator for African startups in AI & ML|
|⌛ Deadline||Applications close on September 6, 2023|
|🎯 Criteria||Seed to Series A startups with AI focus and technical proficiency|
|📊 Growth||Scalable product/service with large total addressable market|
|👥 Commitment||Participation from CTO and/or technical roles|
|🛠️ Benefits||Equity-free support, Google product credits, and custom mentorship|
|🤝 Networking||Access to Google for Startups alumni and potential partners|
|🗓️ Timeline||Program kicks off in September 2023|
The AI First program serves as a linchpin for startups that aim to employ AI in a transformative manner. Google is on the hunt for enterprises that not only have a strong team but also possess a lucid vision for employing AI to address real-world challenges.
Entry Criteria: Who Can Apply?
Criteria for Traction and Growth
Startups eligible for this program should ideally be between the Seed and Series A stages, demonstrating discernible traction. The primary condition, however, is that the startup must be in the process of constructing a scalable product or service. The product or service should have a considerable total addressable market and must present a defensible growth model.
Moreover, the startup should be deeply technical in its orientation, preferably incorporating advanced technologies such as Machine Learning and AI. This isn’t merely an add-on requirement but a fundamental criterion.
Additionally, commitment from the Chief Technology Officer (CTO) and/or other technical roles is mandatory. These leaders must be willing to participate actively and engage in the sessions that are a requisite part of the program.
Benefits: What’s in it for You?
Financial and Product Support
One of the most significant advantages of this program is that it offers 10 weeks of equity-free support. Additionally, eligible startups stand to receive Google product credits.
Startups get a golden opportunity to interact with, and seek advice from, their peers. They become part of the illustrious Google for Startups alumni network, a platform teeming with knowledge and potential partnerships.
The program also provides customised mentorship, with support in product development and leadership coming directly from Google mentors and industry leaders.
Google Product Support and Advice
A unique feature of this program is the direct access to Googlers, offering startups invaluable product tips and tricks. This sort of first-hand knowledge can be a game-changer in terms of product development and scaling.
Exposure to Stakeholders
Lastly, the program provides exposure to potential partners, venture capitalists, and investors who are particularly interested in startups operating within the AI First technological domain.
Timeline: Important Dates to Remember
- August 22, 2023: Applications Open
- September 6, 2023: Application Deadline
- September 2023: Program Kickoff
How to Apply: Next Steps
For those keen on seizing this unparalleled opportunity, the official webpage for the Google AI First Accelerator Program serves as the portal for applications. The deadline for application submission is September 6th, 2023. You can access the application and further information via this link.
Conclusion: A Quantum Leap for African Startups
The Google AI First Accelerator Program is not just another tech initiative. It is a transformative platform aiming to empower African startups to harness the vast potential of Artificial Intelligence and Machine Learning. If your startup meets the rigorous criteria and shares this ambitious vision, your path to unprecedented scaling and global impact could very well begin here.
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