The Next Wave Fund is a support program launched by Kickstarter in partnership with Google. It targets early-stage tech startups. This fund aims to support companies developing ambitious ideas in hardware, software, gaming, or connected technologies. It combines funding, training, and visibility to help these projects launch on Kickstarter.
This type of support opportunity also appeals to African entrepreneurs looking to fund their technological innovations. Although this competition mainly targets the United States, it illustrates a global trend: major tech companies are increasingly supporting innovative young startups. That’s why it’s worth understanding how it works, especially to draw inspiration from similar programs available in Africa.
In this article, we detail the context of the Next Wave Fund, its eligibility criteria, the benefits offered to winners, and how to apply. We will also mention other funding opportunities for African startups at the end of this article.
Background and Purpose of the Program
The Next Wave Fund was created to support tech entrepreneurs from the very first stages of their project. Kickstarter and Google are joining forces to offer comprehensive support. The goal is clear: help creators turn a bold idea into a concrete product through crowdfunding.
This program is particularly aimed at projects related to hardware, software, new materials, or innovative features. Gaming projects incorporating software or hardware are also eligible. Several creators have already benefited from this fund, as shown by examples such as robotic hands, noise-cancelling devices, and AI assistants for nutrition.
Eligibility Criteria
To apply for the Next Wave Fund, several conditions must be met. These criteria ensure the program remains accessible to small innovative teams while complying with U.S. legal requirements.
- Be an entrepreneur or a small business with fewer than 20 full-time employees
- The project must be focused on technology or digital gaming, involving hardware, software, new materials, or innovative features
- At least one team member must be a U.S. citizen, resident, or O-1 visa holder
- The project’s main contact must be at least 18 years old
- The project’s bank account must be located in the United States
- The project must comply with all of Kickstarter’s rules
Additionally, the project representative managing the verified identity on Kickstarter must meet the same requirements. Winners must launch their Kickstarter campaign within six months of being selected.
Prizes and Funding Offered
Each Next Wave Fund recipient receives a set of concrete benefits. This package combines direct funding with strategic support.
- Personalized guidance from Kickstarter’s Design & Technology team to help prepare a successful crowdfunding campaign
- A financial commitment of $10,000 as soon as the project goes live on Kickstarter
- Free access to training designed by Google, such as the Google AI Professional Certificate and workshops led by Grow with Google coaches
- Access to Kickstarter’s community forum dedicated to design and technology entrepreneurs
- Marketing visibility opportunities through Kickstarter’s newsletter and social media
- The opportunity to join Google Accelerators programs as the company grows
Together, these benefits offer a genuine funding opportunity for startups, beyond the simple monetary contribution. However, the $10,000 in funding is only released if the project reaches its fundraising goal, following Kickstarter’s all-or-nothing model.
Application Deadline
The Next Wave Fund operates on a rolling selection basis. Applications are reviewed on an ongoing basis over a one-year period. As such, there is no single deadline to meet, but applicants must still launch their Kickstarter project within six months of being selected.
Application results are communicated within six weeks of submission. This quick turnaround allows entrepreneurs to plan the next steps of their campaign promptly.
How to Apply
The application process relies on a detailed form. It includes up to 38 questions about the project lead, their team, and the idea being developed. Applicants can download all the questions in advance to properly prepare their answers.
Projects are then evaluated by representatives from Kickstarter and Google, based on specific criteria. In addition, a recorded webinar is available to help understand the keys to a successful crowdfunding campaign. This entrepreneurship competition remains open to a wide range of profiles, regardless of prior experience level.
👉 Submit your application here
Other Funding Opportunities for African Startups
African entrepreneurs can also explore other competitions and support programs.
📌 See all calls for projects for entrepreneurs in French
📌 Check out opportunities in English
Conclusion
The Next Wave Fund, backed by Kickstarter and Google, represents a solid opportunity for tech startups looking to launch through crowdfunding. This startup competition combines funding, training, and visibility—a model that could inspire similar initiatives in Africa. Feel free to explore this program or the African alternatives mentioned above to bring your innovative project to life.