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Amazon Web Services will invest over R365 million into the development of sustainable, 100% black-owned South African small businesses in the ICT sector. The Department of Trade and Industry is aimed at providing multinational companies with the opportunity to take part in the development of South Africa’s black-owned small businesses and to contribute towards the broad-based black economic empowerment of South Africa.

This seven-year programme will support the growth of new black-owned small businesses, helping them to develop their skills in advanced technologies to become cloud computing experts using the AWS Partner Network, APN. The programme intends to give the black-owned small businesses the knowledge, resources, and skills to be successful, which will lead to the development of numerous highly skilled jobs and grow the local economy.

Businesses will also receive enablement support such as exposure to industry leaders, coaching, mentorship, and funding to help take their business to the next level of growth. As these businesses complete their training and gain AWS competencies, they will go up a tier in the APN, becoming Select or Advanced Partners.

Original article compiled by Dhivana Rajgopaul, Business Report

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