Polkadot Now India has received a commitment of USD 250,000 from Amazon Web Services (AWS) for 50 startup projects who wish to build on Polkadot.
As a part of this commitment, startups will get access to USD 5,000 worth of AWS credits that can be utilised with AWS Activate, which will assist them to develop and scale up their businesses with expert support.
The grant was announced at the Polkadot Now India conference in Bangalore.
This grant has been kept open for all startups in the space. However, teams who have previously received similar free credits will not be eligible.
Marking its debut in the Indian ecosystem, the Polkadot Now India conference was established by Polkadot to educate the Indian blockchain crypto community about its network and bridge the gap between Polkadot global ecosystem and the Indian ecosystem.
In a statement, Rishant (Rish) Kumar, Spokesperson for Polkadot Now India and Growth Lead, APAC, KILT Protocol, said “This is a huge testament to our successful collaboration with AWS in strengthening the Indian Web3 ecosystem. By providing the essential infrastructure required to build on Polkadot, this initiative will open a gateway of opportunities for startups to explore, and expedite their journey.”