The AWS Global Fintech Accelerator will choose 150 fintech startups from North America, Europe, the Middle East, Africa, and Latin America that are leveraging artificial intelligence and machine learning technologies. These selected startups will partake in a six-week online program from October 2 to November 13. Throughout this period, they’ll gain access to one-on-one business and technical guidance, which will touch on aspects like fundraising, scaling, market entry strategies, AWS technical basics, and the adoption of cloud, AI, and ML technologies, among others.
Participants in the accelerator will benefit from a customized package that includes up to $25,000k in AWS Activate credits, along with a slew of other perks from partners in the fintech, VC, and financial sectors.
Following the six-week program, the 15 standout startups will be given the opportunity to showcase their projects at a Demo Day, attended by a select group of venture capitalists, financial institutions, prospective clients, and other influential figures in the industry. These top-tier startups will also receive an additional benefit of up to $100,000k in AWS Activate credits.
Participants shouldn’t perceive AWS credits in the AWS Activate Program as a fixed sum. Instead, there are various tiers of credits available for use. For a more comprehensive understanding, refer to the “AWS Activate Program and AWS credits” section in the Terms.
a. Startups are required to construct the Project utilizing AWS infrastructure and must incorporate at least one AWS Service.
b. The Project may have been previously developed on AWS and is currently operational.
c. If the Project was initially crafted on a different platform, it should be transitioned to AWS throughout the duration of the Acceleration program. For those transitioning from on-site hosting or other cloud services, AWS offers specialized migration support programs that participants can benefit from.
Timeline
Applications for the AWS Global Fintech Accelerator will be accepted up until August 31, 2023. Spaces are limited, so startups are urged to carefully go through the terms and conditions and only apply if eligible.
The AWS Global Fintech Accelerator offers early-stage fintech companies a unique opportunity. It provides dedicated mentorship, valuable resources, and a platform for collaboration, all tailored to help them harness the power of AI, revolutionize financial services, and cater to evolving customer needs, all while building robust solutions on the cloud.
Don’t miss out; submit your online application now.