Florida had the largest number of tech founders in the US at 8 and Miami had the largest number from a city in the US with 5 to have been selected to be among the inaugural class of Google’s Latino Founders Fund. This $7 million fund will help the Latino startup community get access to the capital they need to scale and grow their businesses.
Pedro Sostre, Navigate Accelerator
Alvaro De Jesus, Pivot
Gustavo Lozano Velez, People Clark
Alejandro Alvarez, Moneta Tech
Ivo Machado, Wisecut
Francisco Cornejo, Storybook
Andres Joya, Coally Inc
Diego Sampaio, Globalfy
Founders will receive up to $100,000 in non-dilutive funding – critical capital that helps founders retain ownership of their company and avoid debt. In addition, founders will receive hands-on programming and support from Google, mentorship from business and technical experts, and the opportunity to network with the vibrant community of fellow founders.
It’s no secret that Latinos continue to struggle to secure funding and capital, despite being the fastest growing segment of the US small business ecosystem. Google believes that technology works best when it works for everyone – they are proud to continue our commitments to racial equity and that startup community.
For more information on the Latino Founders Fund, please visit Blog Link