From Black Web 2.0 — A few weeks ago in our startup watch, we spotlighted the increased growth in minorities in tech incubators with an article on Spoondate’s Raissa Nebie and Van Nguyen. Today, Google has announced that in an effort to increase minorities in the technology sector, that their new incubator, Umbono, will be held in Cape Town, South Africa.
According to a statement, Google said the move was done to help increase technology innovation throughout Africa. Cape Town has long been at the forefront of the continent’s technology scene, and the incubator will unite seed capital, Google mentorship, angel investors, local technology stars, entrepreneurs and business leaders
Applications for the program went live today and are only open to residents of South Africa. Deadline for submission is April 15. Selected start-ups will receive free office space and bandwidth, in addition to the $25,000 to $50,000 in funding they’ll receive from Umbono’s panel of angel investors and Google for six months.