Aws Impact Accelerator Being the Megaphone Dei207

Title

AWS re:Invent 2022 - AWS Impact Accelerator: Being the megaphone (DEI207)

Summary

  • Howard Wright, the global leader of AWS for Startups, shares his journey and the role of AWS in supporting startups.
  • AWS invests a billion dollars annually into the startup ecosystem, providing credits, access to specialists, and a supportive environment.
  • AWS has worked with over 200,000 startups, including well-known companies like Netflix, Uber, and Airbnb.
  • AWS is committed to inclusivity, with initiatives like startup lofts and the AWS Impact Accelerator, which focus on underrepresented founders.
  • The AWS Impact Accelerator provides cash, credits, and access to experts, and has graduated startups like Tina Williams-Caroma's SiteDeploy and Kayvon Berenjian's Hubble IQ.
  • AWS has made a $380+ million commitment to support diversity, including a $53 million earmark for women in climate startups and a $150 million investment in funds supporting underrepresented founders.
  • The talk concludes with a discussion with Tina and Kayvon about their experiences with the AWS Impact Accelerator and their respective companies.

Insights

  • AWS recognizes the importance of diversity and inclusion in the startup ecosystem and is actively investing in initiatives to support underrepresented founders.
  • The AWS Impact Accelerator is a significant program that not only provides financial support but also lends credibility to startups, helping them gain trust from customers and investors.
  • The success stories of Tina and Kayvon illustrate the tangible benefits of AWS's support, including the ability to scale, gain credibility, and access to AWS's vast resources and network.
  • AWS's commitment to startups is not just philanthropic; it is a strategic business decision that recognizes the potential for financial returns and innovation from a diverse range of founders.
  • The discussion highlights the ongoing challenges faced by underrepresented founders and the need for continued support and investment to democratize access to funding and resources in the tech industry.