Call For Applications: AWS Equity Equivalent Investment Program 2024 for South African Black-Owned SMEs
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).
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Whether you are new to the 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
- 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.
- 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
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
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 you 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
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.
Deadline: April 12th 2024