Amazon Web Services (AWS) this week announced it has committed more than $30 million over three years to early-stage startups led by Black, Latinx, LGBTQIA+, and women founders as part of its new AWS Impact Accelerator.
Each qualifying startup will receive up to $225,000 in cash and credits, training, mentoring and technical guidance, as well as introductions to Amazon leaders and teams, networking opportunities with potential investors, and ongoing advisory support, according to an AWS news release.
Eligible startups can now apply to the first of these eight-week programs, the AWS Impact Accelerator for Black Founders, with the program kicking off in June.
The first AWS Impact Accelerator for Women Founders will take place in the second half of the year.
The AWS Impact Accelerator for LGBTQIA+ Founders and AWS Impact Accelerator for Latino Founders will follow in 2023.
After startups complete an AWS Impact Accelerator, they will continue to receive guidance and resources through a virtual community, alumni events, permanent access to the curriculum (including future content), and ongoing advisory support from mentors and AWS technical experts, the release said.