AWS commits $30 million to startups led by underrepresented founders

Amazon Web Services (AWS) has committed more than $30 million over three years to early-stage startups led by Black, Latino, LGBTQIA+, and women founders as part of its AWS Impact Accelerator.

The commitment offers qualifying startups up to $225,000 in cash and credits, extensive training, mentoring, and technical guidance, as well as introductions to Amazon leaders and teams, networking opportunities with potential investors, and ongoing advisory support. The eight-week program includes up to $100,000 in AWS service credits through the AWS Activate program, access to more than 80 exclusive offers through AWS Activate on products and services that help startups grow, access to a team of mentors and AWS technologists and AWS IQ, engagements with Amazon teams and leaders, and networking sessions with investors and pitch coaching from startup experts.

“When we launched in 2006, AWS changed the game for startups by giving them access to the same technology as the world’s largest enterprises,” said AWS chief executive Adam Selipsky. “Today, we continue to level the playing field so that founders can pursue their ideas and grow successful businesses regardless of gender, sexual orientation, ethnicity, or race. AWS is committed to helping underrepresented founders succeed and build powerful cloud solutions that capture the attention of investors and customers. The possibilities for these startups are endless, and I can’t wait to see what they create.”

(Photo Credit: Getty Images/filadendron)