About the Organization
We’re a world-leading digital payments network that removes barriers and connects people to the global economy. We aim to uplift everyone, everywhere by being the best way to pay and be paid. We connect businesses, banks and governments in more than 200 countries and territories worldwide.
About the Grant
Visa is continuing its commitment to empower women by equipping them with essential tools, resources, and funding opportunities to sustain and scale their small businesses. Visa’s She’s Next Grant Program is now in India and is dedicated to provide opportunities for women by helping them take their business to the next level of growth.
As a part of the program, Visa invites small businesses owned and/or led by women to apply for the program, of which Visa will select and support three local women entrepreneurs with a grant of $10,000 each.
Additionally, Razorpay will provide the winners of the She’s Next Grant program an automatic entry into its RIZE Program. This will give you access to a community of founders and mentors, access to Razorpay products and partner tools etc.
Why is it so important –
Globally, female entrepreneurship is rising, with 153 million women operating established businesses.
Yet gender gaps continue. Globally, just 10% of women are new entrepreneurs, compared to nearly 14% for men. Women who own and manage businesses have a unique set of challenges, including access to capital and networks.
Supporting this growing sector and addressing these obstacles is why Visa launched She’s Next.
Eligibility
- The applicant should be a legal resident of India.
- The applicant should be an Indian citizen.
- The applicant should be at least the age of majority (18 or older).
- The applicant should be a woman entrepreneur.
- The applicant’s business should be digital-first (business presence on one or more digital platforms such as Facebook, WhatsApp, Instagram, etc.)
- The applicant’s business has an annual turnover of Rs 10,00,000 or more.
- The applicant’s business should have been in existence for a year.
How to Apply
Applications will be open to women-owned/women-led businesses, for a period of 45 days, starting from July 14, 2023.
After the application date closes on 27th August, 2023, a smaller pool of 15 applicants will be shortlisted basis their submissions. These applicants who will be assessed by the Jury based on further submissions will make it to the final pool of 5 applicants. These finalists will go through an interview and business presentation to the Jury.
Towards the end of September, the three winners will be announced and awarded grants of $10,000 each.
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