Visa (NYSE: V) has launched She’s Next in India, part of Visa’s global program to enable women in their efforts to fund, run, and grow their businesses. She’s Next is a global advocacy program that brings practical insights and tools to women-led small businesses, including networking, mentoring, and funding opportunities with Visa.
The grants program will be open to applications from women-owned and women-led businesses from 14 July 2023 to 27 August 2023. Following a rigorous screening process, the shortlisted businesses will undergo a jury review. Of this, three women entrepreneurs (particularly small business owners) will be selected as winners for a grant of $10,000 each.
Commenting on the launch, Sandeep Ghosh, Group Country Manager, India & South Asia, Visa, said, “Visa’s unwavering commitment to supporting the growth of small businesses and women is a part of our mission to enable businesses to thrive. 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.”
Visa has demonstrated a longstanding commitment to supporting women-owned businesses and female entrepreneurship in India through various initiatives. In 2020, Visa launched a grants program in India with global partner IFundWomen to help women entrepreneurs secure funding for business growth and expansion. In 2021, Visa drove a focused program with NASSCOM Foundation to enable digital and financial literacy among 650 women micro-entrepreneurs in rural areas.
Most recently, in 2022, Visa committed
As part of the, She’s Next Grants Program, Visa has invested more than $2.2 million in over 200 grants and coaching sessions for women entrepreneurs in the US, Canada, India, and Ireland as of 2020.