Entries open for the NCAIR AI Fund in Collaboration with Google
Applications are now open for the NCAIR AI Fund in Collaboration with Google. Artificial Intelligence (AI) is revolutionizing industries across the globe, fostering innovation, enhancing efficiency, stimulating economic growth, and creating new business models. To fully harness the potential of AI in Nigeria, we are introducing the AI Fund in partnership with Google, a focused initiative aimed at supporting and developing the next generation of AI-driven startups in the country.
Why is this significant for Nigeria? NCAIR AI Fund in Collaboration with Google
As the largest economy in Africa, Nigeria boasts a vibrant technology ecosystem and a young, tech-oriented population. The nation is home to a wealth of talent and an increasing number of tech entrepreneurs who are devising solutions to address the distinct challenges faced by the African continent. Nevertheless, despite this promising landscape, many Nigerian startups encounter funding limitations and lack the essential resources to expand their innovations.
By promoting the advancement of Artificial Intelligence in Nigeria, our objectives include:
– Tackling local issues with AI-driven solutions.
– Stimulating job creation and fostering economic development.
– Positioning Nigeria as a key player in both the African and global AI arenas.
Further details about the AI Fund
The AI Fund, in collaboration with Google, is an initiative aimed at empowering ten Nigerian startups that are utilizing AI in their technological offerings. The fund, amounting to N100 million, will provide:
Benefits – NCAIR AI Fund in Collaboration with Google
- Financial Support Grant funding of up to ₦10 million per startup.
- Technical Expertise Access to Google AI tools, resources, and mentorship from Google engineers.
- Network & Visibility Connection to Google’s vast network and opportunities for global exposure.
Eligibility – NCAIR AI Fund in Collaboration with Google
Company:
- Headquartered in Nigeria.
- Building solutions for the Nigerian market and potentially African/global market.
- Demonstrated market fit and significant growth potential.
Founders:
- At least one Nigerian founder.
- Relevant experience and a strong team positioned for success.
Tech:
- Core AI technology company with a live product in the market.
- Compatibility with Google products and potential to leverage them for growth.
Application – NCAIR AI Fund in Collaboration with Google
For details and to apply visit the official website
