Boubyan Bank has announced that its incubation program for startups, Boubyan Incubation Program, became an AWS Activate Provider in Kuwait. This will provide entrepreneurs and startups cloud computing resources from Amazon Web Services (AWS) to help them innovate and grow.
This comes in line with Boubyan Incubation Program’s focus on providing the best services and solutions to support the initiatives of young Kuwaitis and Kuwaiti startups taking part in its incubation program.
Participants in Boubyan Incubation Program for startups will get access to the resources they need to quickly get started on AWS – including credits, tech support, training, exclusive offers, and go-to-market support along with tailored guidance, education and resources based on unique startup profile. Startup builders will also take advantage of personalized recommendations and guided pathways to technical training, mentorship, and customer growth opportunities for their startups.
Speaking about Boubyan Incubation Program for startups, Hamad Al Fouzan, AGM & Head of Innovation and Partnerships at Boubyan Bank explained “This program has been specifically designed to support the initiatives of young Kuwaiti entrepreneurs and startups in addition to providing them with some resources and services that serve as an integrated training environment. This aims to upskill them and to reinforce the culture of creativity, innovation and entrepreneurship, helping them translate their ideas and innovations into viable economic projects. By doing so, we will help promote entrepreneurship as we offer services and training programs to entrepreneurs that will increase the chances of success and sustainability for their projects.”
Al Fouzan stressed “In Boubyan Bank, we always seek to offer innovative simple solutions that help cement our relationships with customers and provide them with excellent services, including offering creative and innovative solutions. Boubyan Bank is very focused on this and has a fully dedicated department for innovation that works on providing outstanding banking and non-banking services. It is safe to say that Boubyan Bank has succeeded in changing the traditional idea about the banking sector.”
Vinod Krishnan, Head of Middle East, AWS said, “We are excited to support Boubyan Bank incubation program to empower the Kuwaiti startup ecosystem. Boubyan Bank understands the power of cloud technology in inspiring entrepreneurship and driving innovation. Through the AWS Activate program, we look forward to working with Boubyan Incubation Program’s startup community, including fintech companies and others, and helping them leverage all that AWS has to offer for them to build new businesses and see them grow.”