AWS Equity Equivalent Investment Program 2024 // for South African black-owned Small and Medium Enterprises (SMES)

AWS Equity Equivalent Investment Program 2024 // for South African black-owned Small and Medium Enterprises (SMES)

AWS Equity Equivalent Investment Program 2024

Applications are now open for the 2024 AWS Equity Equivalent Investment Program. The Amazon Web Services Equity Equivalent Investment Program (AWS EEIP) is an 18-24-month enablement and acceleration program for South African Black-Owned small and medium enterprises (SMEs) who want to build their AWS business and grow as partners in the Amazon Partner Network (APN).

Whether you are new to cloud or need help accelerating your AWS partner journey, the AWS EEIP offers a range of benefits to help you grow your business, enable your team and become a Validated partner in the AWS Partner Network (APN).

Eligibility Requirements

  • 100% Black Owned — You must be 100% Black-owned as defined in the ICT Sector B-BBEE Codes of Good Practice. You must meet all three B-BBEE ownership criteria, i.e., economic interest, voting rights and net-value points at the date of application.
  • Valid Level 1 B-BBEE Certificate/Affidavit — You must have a valid Level 1 B-BBEE Contributor certificate or Affidavit at the date of application.
  • Also Apply: SGS YES Learnership Programme 2024 // For South Africans
  • Exempted Micro-Enterprise or Qualifying Small Enterprise — your turnover must not exceed R50m per year at the date of application.
  • Founders Experience —the majority of your economic interest and voting rights (at least 51%) must be held by a founder who has a minimum of ten-years of professional work experience, including experience in leading and growing teams [this requirement does not apply to teams who have been running their startup full-time for at least 24 months].
  • Core Team in Place in place — You should have an operations manager and technical lead in place. The operations manager, technical lead and all founders must be able to transition to full-time employment in the business from the program start date.

Benefits of the AWS Equity Equivalent Investment Program 2024

Training and Certification

  • AWS Skill Builder Subscriptions
  • AWS Classroom Training
  • AWS Foundational Certification Vouchers
  • AWS Associate Certification Exam Vouchers
  • AWS Professional Certification Exam Vouchers
  • AWS Specialty Certification Exam Vouchers
  • Scrum Certification Training and Exam Fee
  • FinOps Certified Practitioner Course and Exam Fee

Also Apply: Call for Applications: Joburg City Theatres Internship Programme 2024 for young South African graduates

Enablement

  • 1:1 Consultant Led Product Workshop
  • 1:1 Consultant Led Business Transformation Workshop
  • 1:1 Weekly Technical Support Office Hours
  • Many Technical Enablement Workshops

Operations

  • Headcount Funding to subsidize your compensation costs as your grow  your team
  • Office Subsidy
  • Hardware Benefit
  • Administration Subsidy

Acceleration

  • Fully Funded APN Program fee upon meeting APN Software Path Validation Requirements
  • Market Development Funds
  • AWS Credits to help cover your AWS service usage

Also Apply: Fully Funded Aga Khan Foundation’s International Scholarship 2024

AWS Partner Network

The AWS Partner Network (APN) is a global community of partners that leverages programs, expertise, and resources to build, market, and sell customer offerings.

Application Deadline:  April 12th 2024

For More Information:

Visit the Official Webpage of the AWS Equity Equivalent Investment Program

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