SAN FRANCISCO, April 20 (Xinhua) -- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, on Wednesday announced it has committed more than 30 million U.S. dollars to early stage startups led by Black, Latino, LGBTQIA+, and women founders as part of its new AWS Impact Accelerator.
Over the three-year commitment, AWS will provide funding and guidance for a series of programs that will help these organizations build successful companies. Each qualifying startup receives up to 225,000 dollars 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, according to the announcement.
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