Amazon Web Services (AWS) has launched AWS Fintech Africa Accelerator for African fintech companies. The equity-free program supports early-stage startups with technology, product development, go-to-market advice and funding-ready strategies.
The 10-week online program leverages the best of Amazon’s infrastructure and partner network to support pre-seed and seed-stage Fintech startups developing their projects in Africa.
Eligibility
- All startups with FinTech specialization located in Africa can take part in the Accelerator
- There are 3 scenarios acceptable to take part in the Accelerator:
- Startup will build the Project on Amazon Web Services infrastructure using at least one of AWS services
- The project was built before on Amazon Web Services and it is live
- The project was built before on any other platform and will be migrated to AWS during the Acceleration program. In case of migration from on-premise, hosting or other cloud platforms, AWS has dedicated migration programs for the support that Participants can use
Organizational terms of participation are:
- The condition for participation in the Accelerator is to submit a complete Application by correctly filling in the Application Form and confirming it by clicking the ” Submit ” button in the “My applications” section on Participant’s Account. In the case of a juvenile, the application can be submitted only by his/her statutory representative. Any consents described hereunder given by a statutory representative refer to the juvenile.
- Applications can be submitted only electronically (online) via Registration to the Accelerator at the website. Startups will receive a confirmation of Participation in the Accelerator via email.
- Filling in the Application Form and attaching needed documents require providing personal details, including name, surname, e-mail address and other information.
- Submitting the Application for participation in the Accelerator constitutes the acceptance of the Terms of Participation available on the website and the Participant’s commitment to follow them.
Benefits
- Up To $25,000 in AWS Activate Credit: Up to $25K to spend on AWS services, a free one-year AWS Business Support subscription for up to $5K and more!
- Technology Fast-Track: Tech resources, guidance and a community of peers. From technical deep dives to round tables on day-to-day CTO challenges
- Funding Preparation: Become funding-ready with hands-on workshops and concrete use cases and validate your strategy, pitch deck and storytelling
- Alumni Community: The community brings together all program members, including alumni founders for both CEOs and CTOs
- Partner Offers & Special Discounts: Access to credits, valuable discounts & offers from AWS Partners for accepted teams
- Cloud Support: 1:1 meetings with AWS Solution Architects and access to product, regulatory & compliance, and security specialists
- Business Boost: 1:many sessions, workshops and 1:1 mentor meetings with subject-matter experts and advisors
- Marketing & PR: Media exposure and coverage for selected teams
- Global Network: Benefit from the extensive AWS network of industry leaders, technology experts, serial entrepreneurs, investors, startup organizations and advisors
- Fundraising Support: Fundraising tools & support along with access to a wide network of leading global VC funds
- Up To 90% Off Up to 90% off on HubSpot for eligible startup teams
- €15.000 Credits: Stripe Credits: €15.000 for all applicants!
- $3000 Credits: For an annual Business Plan for up to 25 users with access to unlimited video recordings & more features for all teams!
- $50.000 Credits: $50.000 on the Mixpanel Growth Plan for all applicants!
- $1000 Credits: $1000 in credits for an all-in-one Notion workspace for all applicants!
- 6 Months For Free: Get 6 months of Zendesk Suite for Customer Service and Sales CRM for free and 15% off your first annual subscription!
Application for the AWS FinTech Africa Accelerator closes on Thursday, April 27, 2023. Click here to apply.
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