More
    HomePartner ContentGoogle Exec Invites African Startups to Apply for 10k2Startup Funding

    Google Exec Invites African Startups to Apply for 10k2Startup Funding

    Published on

    spot_img

    African startups are invited to apply to join the 10k2Startup initiative, which aims to support projects that solve the world’s problems, with funding between US$10,000 and US$50,000 in addition to other types of support.

    10k2Startup was founded by Julius Nkansah Owusu Kyerematen, Google’s Head of Omnichannel Mid-Market Skills, who understands that funding and strategic direction are critical barriers to startup growth and scale.

    The Ghana-based initiative addresses these challenges head-on by offering investments of between $10,000 and $50,000 for a stake of between 15 percent and 25 percent. Its portfolio currently includes startups such as Homely, Noelle Organics, and Green Tech.

    Investment decisions depend on the stage of the startup, its growth potential, and the attractiveness it has achieved. The more promising the startup is, the higher the investment and equity stake. 10k2Startup also aims to be a strategic growth partner for the startups it supports.

    “This means providing expert guidance every step of the way, helping entrepreneurs overcome challenges, and connecting them to our extensive network of investors, collaborators and customers to accelerate their growth,” Owusu Kyerematen said.

    “We are looking for founders who embody the fundamental qualities essential to success — passion, perseverance, discipline and strategic acumen,” he added. We value founders who face challenges head on, turning obstacles into a stepping stone toward their ultimate vision. “Meticulous planning, unwavering focus, and relentless pursuit of excellence are qualities we value greatly, and displaying these traits paves the way for tremendous accomplishments and sets your startup on the path to success.”

    Second Cycle

    Interested African companies can apply for the second cycle of 10k2Startup until July 15, with shortlisted startups invited to attend a 30-minute pitch session by July 31. Funding decisions will then be made within two weeks.

    To apply https://www.10k2startup.com/

    Latest articles

    Mobility Startup Zeelo Exits South Africa, Hands Reins to Ride-Sharing Rival LULA

    Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio

    d.light Secures $176 Million to Expand Solar Access in East Africa

    The company’s PayGo model allows customers to pay for solar products in installments using mobile money.

    New US Parole Program Offers 5-Year Visa to African Startups with $260K+ Raised

    To qualify, entrepreneur must have a significant ownership stake (at least 10%) in a U.S.-based startup that was formed within the last five years.

    More like this

    Mobility Startup Zeelo Exits South Africa, Hands Reins to Ride-Sharing Rival LULA

    Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio

    d.light Secures $176 Million to Expand Solar Access in East Africa

    The company’s PayGo model allows customers to pay for solar products in installments using mobile money.