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Google for Entrepreneurs Exchange: Black Founders immersion program 2018

Application Deadline: August 8, 2018

Google for Entrepreneurs Exchange: Black Founders is a week-long immersion program focused on addressing the funding gap for startups led by Black founders. Established in 2016, this program displays how American Underground and Google for Entrepreneurs strive to move the needle on diversity by addressing the key components to building a successful business: mentorship, training, and access to capital.

Mentoring:

Each team is paired with a mentor from the North Carolina high-tech corridor (Raleigh, Durham, Chapel Hill) to receive one on one time with our business and innovation experts. Mentors from Google will also join the program to provide support and product expertise.

Training

Provide skilled tech and business experts to prepare companies for angel / seed funding (less than $750K) and to share knowledge unique to challenges Black founders face.

Access to Capital

The week culminates in a Demo Day. The winning company receives a trip to The Bay Area with strategic introductions to potential investors. Each year, over half of our participants receive capital on demo day and every participant recommends the program to fellow founders.

Eligibility

Companies must:

  • Focus on Software, Consumer Product, Big Data, Analytics, and Internet of Things
  • Have a prototype or Minimum Viable Product
  • Have conducted customer interviews or have beta / paying customers
  • Must be raising or preparing to raise a seed round
  • Participating founder must be an original founding member of the company
  • Preference given for revenue generating startups

Program Focus

Throughout the course of this week, you will:

Learn how VC’s evaluate your value proposition

Learn how to lead a board meeting

Learn the secrets of Angel Investing

Receive pitch coaching on how to communicate your value proposition

Hear from Google for Entrepreneurs Exchange alumni about the fundraising process

 

For More Information:

Visit the Official Webpage of the Google for Entrepreneurs Exchange: Black Founders immersion program 2018

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