She's Next Grants Program introduced by Visa in Support of Female-Owned Businesses

By: WE Staff | Monday, 17 July 2023

She's Next is a part of Visa's global program to support women in funding, and management, and also expand their businesses today launched their program in India. The aim of She's Next global advocacy program is to provide mentorship and guidance to women-owned small businesses as well as networking and funding possibilities with Visa.

To enroll their names in the program, women-owned and women-led small businesses can submit their applications from July 14 to August 27, 2023. The enterprises need to go through a screening process and a jury review during the process of selection. Three of these women business owners will be chosen as winners and will receive $10,000 each.

There are a number of initiatives and programs that have been launched by Visa in India that shows a dedication to promoting female entrepreneurship. In 2020, Visa and its international partner IFundWomen launched a grants program in India to support women business owners in obtaining funding for their company’s growth and expansion. In order to promote digital and financial literacy among 650 rural women micro-entrepreneurs in 2021, Visa collaborated with the NASSCOM Foundation.

The United Way Mumbai (UWM) recently received a $1 million donation from Visa in support of women's business development throughout 170 villages across four states, with the goal of helping at least 8,500 women. By providing these female micro-entrepreneurs with the necessary training and connecting them with appropriate financial resources, Visa hopes to strengthen their firms and communities.

Visa has contributed more than $2.2 million to more than 200 grants and coaching sessions for female entrepreneurs in the US, Canada, India, and Ireland as a part of the She's Next Grants Program.