Image Source : INDIA TV Visa pronounces grants for women-owned companies in India
Visa on Monday introduced the recipients of its grant programme in India to spice up girls entrepreneurship globally and empower budding businesswomen. As a part of Visa’s first international grant programme in partnership with IFundWomen, Bunko Junko, My Chapter One and MoWo Social Initiatives every obtained a Rs 7,00,000 grant from Visa and assets from Instamojo to develop their companies digitally, in a continued effort to supply higher providers to their communities.
“Access to funding, educational resources and a digital presence are fundamental building blocks that will help small businesses get back to not only surviving, but thriving,” Kevin Phalen, international head of enterprise options, Visa, stated in an announcement.
“We are proud to provide businesses around the globe with the capital and educational resources they need to achieve their goals,” Phalen added.
Women-owned enterprises in India have grown from 14 per cent to twenty per cent up to now decade and make use of between 22 to 27 million individuals.
Highlighting this progress, Visa obtained purposes from a whole bunch of companies throughout the nation in sectors together with attire and style, healthcare and wellness, meals and drinks and artwork and occasions.
The firm evaluated 16 semi-finalists by a jury panel comprising senior leaders throughout Visa, FICCI FLO (FICCI Ladies’ Organization) and Instamojo.
The ultimate winners had been chosen based mostly on the depend of jury votes.
In addition to the grants, Instamojo, the digitization companion, is offering the winners with instruments and assets to assist construct their digital presence.
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