DIVINE's Solvent gets Amazon's co-sign huge and backing in the tech world
Could you use a little motivation in your life? Look no further than Black entrepreneur DIVINE who has flipped a past incarceration into the non-stop inspiration behind going head-first into technology startups and now becoming an Amazon Inaugural AWS Impact Accelerator for Black Founders member for his new Solvent venture.
DIVINE state of mind into the tech world
There’s plenty of reasons to brag if you’re DIVINE. In addition to cracking into the tech world, getting the support of Amazon for his Solvent brand is set to take him to new heights.
Solvent today announced it has been selected to participate in the inaugural AWS Impact Accelerator for Black Founders. This opportunity will further Solvent’s efforts to build and provide affordable tech-driven personal financial and banking tools, products, and services for the financially excluded and disadvantaged, underserved, and overlooked System Impacted to optimize their financial lives.
The AWS Impact Accelerator provides high-potential, pre-seed startups the tools and knowledge to reach key milestones such as raising funding or being accepted to a seed-stage accelerator program, while creating powerful solutions in the cloud. AWS recently announced a 3-year, $30 million commitment to the program.
Solvent looks to leverage this opportunity with AWS Impact Accelerator for Black Founders to achieve its goals of building a premium financial and wealth building platform to provide financial empowerment and wealth building tools for individuals that have not historically had access to such resources. Through this accelerator program, Solvent intends to lean in and learn all that AWS offers as a web services solution for hosting, storage, mobile development and security; as well as leadership best practices; how to adopt and implement Amazon processes; and refine investor pitching.
DIVINE understands this is a huge level up
Since the announcement, DIVINE has come forward to speak on what the world can expect from Amazon putting major attention on Solvent.
“With Solvent, the future is freedom for the System Impacted, financially and beyond. These financially excluded and disadvantaged, underserved and overlooked individuals consist of the socioeconomically disadvantaged; formerly incarcerated; family, friends, and loved ones of the formerly and/of incarcerated; and incarcerated.” said Divine, CEO and Founder of Solvent. “Solvent was specifically built for the System Impacted by the System Impacted, and provides the awareness, access, opportunities, mentorship, frameworks and pathways for financial empowerment and wealth building this group has traditionally lacked.”
As one of 25 startups selected for the program, Solvent will receive up to $225,000 in cash and credits, extensive training, mentoring and technical guidance, as well as introductions to Amazon leaders and teams, networking opportunities with potential investors, and ongoing advisory support.
“AWS is committed to helping underrepresented founders succeed and build powerful cloud solutions that capture the attention of investors and customers alike,” said Howard Wright, Vice President of Startups at AWS. “I want to congratulate a truly innovative and inspiring group of startups selected from thousands of applicants for this opportunity. On behalf of the entire team, we are honored to support them on their journey.”
So what’s Solvent all about?
If you’re just getting put up onto what Solvent’s about, it’s all good. DIVINE’s company is focused on financial tools aimed at helping provide opportunities for other people - notably those with financial hardships - the ability to have a chance to make their dreams come true in the technology world.
Solvent is a membership- and community-focused and lifestyle driven mobile-first AIO financial empowerment and wealth building financial technology platform in the palm of your hand, built for the System Impacted. Solvent builds and provides affordable tech-driven personal financial and banking tools, products and services for the financially excluded and disadvantaged, underserved, and overlooked System Impacted to optimize their financial lives; including financial literacy and entrepreneurship education for financial empowerment and wealth building. Solvent is core fintech, part edtech and part media, that is focused on personal finance, banking, credit, financial literacy, entrepreneurship education and more, to empower the System Impacted.
