Google AI Fund for Nigerian Startups at NCAIR | ₦100m Prize

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The Google AI Fund is a ₦100 million program aimed at supporting 10 Nigerian startups that are using AI in their tech solutions.

In partnership with Google, the National Centre for AI and Robotics (NCAIR) has launched this fund to help startups in Nigeria unlock the potential of AI. The goal is to inspire and support the next wave of AI-driven startups in the country.

This post will provide an overview of the opportunity, the requirements, and how to apply.

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2024 Google AI Fund Overview:

  • Host: Google | NCAIR
  • Category: Competitions
  • Eligible Countries: Nigeria
  • Prize: ₦100 million
  • No IELTS Required
  • Deadline: September 25, 2024

Google AI Fund for Startups (Background Overview)

Artificial Intelligence (AI) is changing industries all over the world by improving innovation, efficiency, and business models. To tap into AI’s potential in Nigeria, NCAIR, in partnership with Google, is launching the AI Fund to support and grow the next generation of AI-powered startups in the country.

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This initiative is designed to help 10 Nigerian startups that use AI in their tech products.

As Africa’s largest economy, Nigeria has a booming tech ecosystem, filled with young, tech-savvy individuals. The country is home to talented entrepreneurs who are developing solutions tailored to local challenges. However, many Nigerian startups face funding shortages and lack the resources needed to expand.

By promoting AI development in Nigeria, this fund aims to:

  • Solve local issues using AI solutions.
  • Create jobs and boost economic growth.
  • Position Nigeria as a key player in the African and global AI scene.

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Eligibility Criteria for the NCAIR Google AI and Robotics Fund 2025

To qualify for this fund, applicants must meet the following requirements:

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For Companies:

  • Must be based in Nigeria.
  • Focus on creating solutions for the Nigerian, African, or global markets.
  • Show strong potential for market growth and success.

For Founders:

  • At least one founder must be Nigerian.
  • Must have relevant experience and a capable team.

For Technology:

  • Must be an AI-focused company with an active product in the market.
  • Product should work well with Google’s tools and have the potential to use them for further growth.

Benefits of the Google AI Fund 2024

Selected startups will receive:

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  • Financial Support: Each startup can receive up to ₦10 million in funding.
  • Technical Support: Access to Google’s AI tools, resources, and mentorship from Google experts.
  • Networking & Visibility: Connection to Google’s network and chances for international exposure.

How to Apply for the Google AI Fund 2024 (Step-by-Step)

Interested and eligible startups can apply for the fund by clicking the link below.

Deadline: September 25, 2024

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