Examples of startups’ work include: technology to increase security for women in crowded spaces; online gaming to promote empathy; and interactive applications that provide a platform for children in conflict zones to tell their stories.
Washington, D.C. (PRWEB)
April 27, 2017
C5, the investment specialist firm focused on cloud computing, cyber security and big data analytics, announces today that five startups have entered its PeaceTech Accelerator, housed at the iconic United States Institute of Peace building on the National Mall. C5 is the lead investor and is working with Amazon Web Services (“AWS”) and PeaceTech Lab.
Peacetech is recognized as the application of technology to assist civilians living in conflict and crisis zones. The startups were selected based on their ability to produce innovative technologies that manage, mitigate, predict, or prevent conflict and promote sustainable peace. They have already developed prototypes for further development.
The first group is a combination of for-profit and not-for-profit companies. In many cases the for-profit companies are already revenue generating. Examples of their work include: technology to increase security for women in crowded spaces; online gaming to promote empathy; and interactive applications that provide a platform for children in conflict zones to tell their stories.
Ron Moultrie, Chairman of C5, U.S., said, “We are pleased to welcome the participants of our first cohort to Washington, DC. Everyone involved will be participating in a unique collaboration of entrepreneurs, corporate social good partners and technologically cutting edge programs. We look forward to scalable outcomes that will make a difference in the world.”
Sheldon Himelfarb, CEO and President of PeaceTech Lab, said, “This first cohort is the embodiment of our mantra ‘Everyone has the power of peacetech.’ We’re proud to welcome these entrepreneurs, whose companies and products represent a concrete way for civilians to be empowered to make their lives and that of their communities better, even amidst the most difficult of circumstances.”
Teresa Carlson, Vice President, Worldwide Public Sector, Amazon Web Services, said, “With millions of customers in over 190 countries around the world, we’ve witnessed first-hand how technology has become an enabler of innovation. One of the remarkable aspects of the cloud is that it gives individual developers and startups the power to innovate on a massive scale and turn a big idea into a reality. We are pleased to be working with the startups in the PeaceTech Accelerator, and excited at the opportunity to help them take their ideas to the next level, and make the world a better place.”
Admiral Mike Mullen, Strategic…