Rho is an official AWS Activate Provider, which gives qualifying Rho startup customers access to AWS Activate Credits to offset costs of eligible AWS services, including third-party foundation models on Amazon Bedrock.
Read on to learn how to redeem Rho's exclusive perk, which gives startups access up to $5,000 in AWS Activate Credits.
How to Redeem Rho's AWS perk
Here is a step-by-step guide published by AWS. To save you time, we've summarized the steps below:
- Create an AWS Builder ID: Before you begin the application process, you'll need to create an AWS Builder ID using your personal email address. Builder ID represents you as an individual and is independent from any existing AWS accounts you may have. You can create your Builder ID by selecting "Apply now" from the AWS Credits page.
- Complete Your AWS Activate Profile: Once you've created and verified your AWS Builder ID, you'll be directed to complete your AWS Activate profile. Be sure to fill out all the required information about you and your startup.
- Choose Your Credits Package: Select the Portfolio credit package and enter Rho's Organization ID. Note: You will need to reach out to your Rho Customer Success representative for this code as it is unique to Rho.
- Provide Additional Startup Details: After selecting your credits package, you'll need to add more details about your startup, such as your product information and funding details. This step helps AWS understand your business and determine if you're eligible for the credits.
- Link Your AWS Account: In this step, you'll need to either create a new AWS account or link your existing AWS account to your AWS Builder ID. Only one AWS Builder ID can be linked to an AWS account at a time, so you may need to override an existing link for this step.
- Verify Your AWS Account: Complete account verification in the AWS Management Console to confirm your account is valid and properly linked to your AWS Builder ID.
- Review and Submit Your Application: Submit your application. Allow 7-10 business days for processing. You'll receive email updates and can monitor the status on the Credit Application Status page.
How many credits are offered by Rho's perk?
Qualifying startups can gain access to up to $5,000 in AWS Activate credits using this perk. However, if your startup is growing fast and can demonstrate significant traction, you may qualify for more. Feel free to reach out to your Rho Customer Success representative to learn more.
Do I qualify for AWS Activate?
Per AWS, to qualify for AWS Activate Portfolio, startups must be founded in the last 10 years, and they must be either self-funded or have received funding (pre-seed, angel, seed, or Series A). They must be affiliated with an AWS Activate Provider and have a fully-functioning company website. An AWS account is required for participation. Please note that startups should not have not previously received AWS Activate Credits of equal or greater value.
If you are unsure of your eligibility, your Rho Customer Success representative is available to help you.
Note: When startups apply using Rho's Org ID, AWS will notify Rho by email to verify your affiliation with Rho. While this verification is an essential step, please note that Rho's approval does not automatically guarantee the acceptance of a startup's application.
Have more questions about AWS Startups? See their FAQ page here.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.
The Rho Corporate Cards are issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.
Note: This content is for informational purposes only. It doesn't necessarily reflect the views of Rho and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.