Visa Introduces She’s Next Grants Program to Empower Women-led Indian Businesses
- ByStartupStory | July 15, 2023
Visa has launched the She’s Next grants program in India as part of its global initiative to support women in funding, operating, and expanding their businesses. She’s Next is an advocacy program that provides practical insights and tools to women-led small businesses, including networking, mentoring, and funding opportunities with Visa.
From July 14 to August 27, women-owned and women-led businesses in India can apply for the grants program. Following a screening process, the shortlisted businesses will undergo a jury review, and three women entrepreneurs will be selected as winners, each receiving a grant of $10,000.
“Bringing the She’s Next Grants Program to India, we believe, will strengthen our support for women-led businesses that face barriers to access and opportunity, be it for funding, mentorship, or networking. By offering financial assistance, we aim to make a significant impact on deserving communities, bring about enduring social change, and uplift the communities and people we serve and operate in,” said Sandeep Ghosh, Group Country Manager, India and South Asia, Visa.
Visa has previously launched grants programs in India to assist women entrepreneurs in securing funding for business growth and expansion. Additionally, the company has collaborated with organizations like NASSCOM Foundation to promote digital and financial literacy among women micro-entrepreneurs in rural areas.
Visa’s commitment to supporting women-owned and women-focused businesses extends to partnerships with United Way Mumbai (UWM), where $1 million was allocated to benefit women in 170 villages across four states. Through equipping women micro-entrepreneurs with essential skills and connecting them with relevant financial resources, Visa aims to empower both their individual enterprises and the communities they serve.
As part of the She’s Next grants program, Visa has already invested over $2.2 million in more than 200 grants and coaching sessions for women entrepreneurs in the US, Canada, India, and Ireland as of 2020.
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