DigitalOcean Partners With Beaconhouse National University (BNU) to Catalyze Inclusive Entrepreneurship in Pakistan

New York City — February 13th, 2024 — DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced its partnership with Beaconhouse National University (BNU) in Pakistan, a transformative collaboration dedicated to empowering and championing underrepresented entrepreneurs in Pakistan. This philanthropic endeavor, centered on inclusive entrepreneurship, aims to create equitable opportunities with a particular focus on fostering the growth of women entrepreneurs across the country.

Initiated through a comprehensive selection process, which included a nationwide call for funding proposals, the response was overwhelming with 11 proposals submitted. Following a rigorous evaluation, two Pakistani non-profit and social enterprises, Behbud & Weecommerce emerged as standout recipients of this signature initiative aimed at propelling inclusive entrepreneurship in affected regions. Behbud aims to empower women across the nation by providing them with access to health, education, income generation and vocational training regardless of their social or racial backgrounds. Since its inception, the Weecommerce initiative has successfully launched over 40 websites for women-led businesses from the comfort of their homes, and will continue to help women entrepreneurs realize their full potential. Both partners are focused on opening up as many areas of learning as possible.

“Weecommerce is thrilled to aspire to broaden its impact on women entrepreneurs, elevating them in the field of technology with the support of Digital Ocean & BNU.” said Sabeen Khan, Program Lead, Weecommerce.

“The DO BNU grant approval is positioned to empower Behbud Association, fostering its transformation, efficiency, and long-term sustainability” said Bushra Prevaiz Kausar, Honorary Senior Vice President Behbud Association, Karachi. “The training initiative that we are taking with them will also empower women artisans, unlocking their entrepreneurial potential, turning aspirations into reality. This endeavor is set to create a transformative ripple effect, not only shaping the destinies of these women but also positively impacting their families and communities.”

In a demonstration of unwavering commitment, DigitalOcean and BNU will deploy significant investments over the next two years (2024-2025) to fuel the growth and success of entrepreneurs throughout Pakistan.

Selected candidates will benefit from a comprehensive support system, encompassing:

• Cash Grants: Grantees will receive cash grants ranging from USD 25,000 to 40,000 (equivalent in PKR), providing essential financial stability and fueling business growth.

• Free Infrastructure Credits: DigitalOcean will contribute free infrastructure credits valued at $2,500, allowing grantees to harness advanced cloud solutions for their ventures.

• Education and Tutorials: Selected entrepreneurs will have access to tutorials and education provided by DigitalOcean, focusing on crucial aspects such as raising funds and implementing effective marketing strategies.

• Mentorship: Selected entrepreneurs will gain invaluable insights and guidance through mentorship from DigitalOcean volunteers, aiding them in navigating the complexities of entrepreneurship.

• Marketing and Project Management Support: BNU will provide marketing support to enhance visibility and offer project management assistance for effective execution.

• Impact Measurement Support: BNU is committed to providing assistance in measuring the impact of initiatives, ensuring accountability and success.

“This collaboration underscores DigitalOcean and BNU’s shared vision of fostering a more inclusive entrepreneurial landscape in regions such as South Asia.” said Admas Kanyagia, VP Social Impact at DigitalOcean. “By supporting underrepresented entrepreneurs particularly women, the program seeks to instigate positive change, spur innovation, and contribute to the economic development of Pakistan.”

Read more about the Signature Initiative here.

About Beaconhouse National University (BNU):

Founded in 2003, BNU is Pakistan’s premier not-for-profit Liberal Arts University, committed to excellence in tertiary education. Our mission revolves around fostering innovation, creativity, and critical thinking while promoting values of diversity, inclusiveness, social sensitivity, academic freedom, and a merit-driven, need-oriented admission policy.

About DigitalOcean LLC:

DigitalOcean simplifies cloud computing so businesses can spend more time creating software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers at startups and growing digital businesses rapidly build, deploy and scale, whether creating a digital presence or building digital products. DigitalOcean combines the power of simplicity, security, community and customer support so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth. For more information, visit digitalocean.com.