New program provides $125,000 cash and up to $100,000 in AWS credits for early-stage startups led by Black, women, Latino, and LGBTQIA+ founders, as well as training, mentoring, and technical guidance.
In 2018, Claudius Mbemba (mem’buh), a Black man who grew up in Cameroon before moving to the United States, co-founded his first venture scale business—a managed marketplace app for vacation rental cleaning services called Neu. It gave him firsthand experience of the challenges of navigating the investing landscape. As someone from an underrepresented community, he’s seen how the pool of businesses that receive funding is often homogeneous.
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