D.C.’s Halcyon, known for its flagship social entrepreneurship incubator in Georgetown, is taking its programming abroad for the first time with help from Amazon Web Services.
The local nonprofit is teaming up with the Amazon.com Inc. (NASDAQ: AMZN) subsidiary, its longtime partner, to launch an incubator for early-stage ventures founded by female social entrepreneurs in Bahrain, one of the seven Arab states that border the Persian Gulf.
The 2021 Bahrain Women’s Intensive will mentor and train the program’s participants, and introduce them to the U.S. market and potential investors, Halcyon said. AWS will bring its technology to the table, providing cloud computing credits, technical help and other support, as it has for previous Halcyon initiatives. They’re also working with Startup Bahrain to support recruitment in that ecosystem, though none of the partners will take equity in the ventures.
AWS is fully funding the program, which has not received any funding from the Bahrain…Read the full story from the Washington Business Journal.