Apply Now for AWS Equity Equivalent Investment Program 2024 for South African Black-Owned SMEs

AWS Equity Equivalent Investment Program
AWS Equity Equivalent Investment Program

The Amazon Web Services Equity Equivalent Investment Program (AWS EEIP) is an 18-24-month program designed to empower and accelerate small and medium enterprises (SMEs) owned by Black South Africans who wish to establish their AWS business and thrive as partners in the Amazon Partner Network (APN).

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Whether you are new to cloud services or seeking assistance to advance your AWS partner journey, the AWS EEIP provides various benefits to support your business growth, empower your team, and achieve Validated partner status in the AWS Partner Network (APN).

Eligibility Criteria

1. 100% Black Ownership: Your business must be 100% Black-owned according to the ICT Sector B-BBEE Codes of Good Practice, meeting all three B-BBEE ownership criteria – economic interest, voting rights, and net-value points.

2. Valid Level 1 B-BBEE Certificate/Affidavit: You must possess a valid Level 1 B-BBEE Contributor certificate or Affidavit.

3. Exempted Micro-Enterprise or Qualifying Small Enterprise: Your annual turnover must not exceed R50 million.

4. Founders’ Experience: The majority of economic interest and voting rights (at least 51%) must be held by a founder with a minimum of ten years of professional work experience, including leadership and team growth experience (this requirement excludes teams operating their startup full-time for at least 24 months).

5. Core Team in Place: You should have an operations manager and technical lead, and all founders must be prepared to transition to full-time employment within the business from the program start date.

Benefits Offered

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
– Various Technical Enablement Workshops

Operations

– Headcount Funding to subsidize compensation costs as your team expands
– 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 assist with AWS service usage expenses

About AWS Partner Network (APN)

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

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