The NCAIR/Google Artificial Intelligence Fund
The NCAIR/Google Artificial Intelligence Fund is a new project that NCAIR and Google are working on together to fully realize the potential of AI and to inspire and support the next wave of AI-powered entrepreneurs in Nigeria.
NCAIR/Google Artificial Intelligence Fund
Around the world, artificial intelligence (AI) is revolutionizing sectors by fostering efficiency, creativity, and new business models.
In order to fully realize AI’s potential in Nigeria, NCAIR and Google are collaborating to develop the AI Fund, a special project designed to encourage and support the country’s upcoming generation of AI-powered enterprises.
Nigeria has the biggest economy in Africa, a young, internet-savvy populace, and a growing innovation environment.
They have an abundance of skilled individuals and an increasing number of digital entrepreneurs who are developing products specifically suited to the special problems facing Africa.
Nevertheless, despite this promise, Nigerian companies frequently struggle with capital and lack the tools needed to expand their offerings.
The objectives of NCAIR and Google’s Artificial Intelligence Development Initiative in Nigeria are to:
- Use AI to solve regional problems.
- Stimulate the economy and the development of jobs.
- Make Nigeria a rival in the African and international AI markets.
Eligibility Requirements
Company:
With its main office in Nigeria.
Constructing solutions for the Nigerian market as well as maybe the African and international markets.
Shown market fit and substantial room for expansion.
Founders:
Minimum of one founder from Nigeria.
A potent team with a track record of accomplishment and pertinent experience.
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Tech:
Core AI technology business with a commercially available product.
Compatibility with Google goods and the possibility of using them to further expand.
Benefits
Startups receive:
- Financial Assistance: Up to ₦10 million in grants are available for each firm.
- Technical Expertise: Mentorship from Google engineers and access to Google AI tools and resources.
- Network & Visibility: Access to Google’s extensive global network and chances for public recognition.
Application Deadline
Not Specified.
