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Posted by Iran Karimian, Startup Ecosystem Lead, Canada & Matt Ridenour, Head of Startup Ecosystem, U.S.
Functions for the 2023 Google for Startups Accelerator: Ladies Founders and Google for Startups Accelerator: Black Founders at the moment are open. Take a look at what our alumni founders needed to say about previous applications:
As tech entrepreneurs proceed to drive innovation with contemporary concepts and new functions of AI and machine-learning applied sciences, it’s an thrilling time for the tech startup ecosystem. However the headwinds of the 2022 funding local weather have created a steep uphill climb for founders in search of funding, and underrepresented founders proceed to face even larger structural boundaries to getting their companies off the bottom.
Whereas the latest financial downturn has impacted startups throughout the board, it has disproportionately affected startups helmed by girls and Black founders, with women-founded startups receiving solely ~2.1% of complete U.S. VC funding, and Black-founded startups receiving solely ~1.1% of U.S. VC funding in 2022.
Google for Startups is dedicated to leveling the taking part in discipline for all founders, and at the moment we’re excited to open functions for our 2023 Google for Startups Accelerator: Ladies Founders and Google for Startups Accelerator: Black Founders cohorts. We’ll choose twelve startups throughout North America to take part in every program. These digital accelerator applications are equity-free, three-month intensive bootcamps, giving founders the instruments they should put together for the subsequent part of their progress journey.
Collaborating startups will obtain mentorship and technical undertaking help, in addition to workshops targeted on product design, buyer acquisition, and management growth. Along with steerage from leaders and specialists throughout Google product areas, every accelerator presents a cohort of friends constructing excessive potential startups who help each other with shared learnings, insights and alternatives.
We hope that these accelerator applications contribute to the continued effort in making a extra inclusive and equitable tech startup ecosystem for underrepresented founders. Startups within the U.S. and Canada are inspired to use. For the Google for Startup Accelerator: Ladies Founders program, apply right here by July 25 and for Google for Startups Accelerator: Black Founders, apply right here by August 2.