The Visa Vietnam She’s Next Grant Program, in partnership with IFundWomen, will provide three winning businesses with grants of $10,000 USD, along with a one-year IFundWomen Coaching membership, and access to resources including the workshop library and IFundWomen’s community of entrepreneurs.

Ms. Dang Tuyet Dung, Country Manager of Visa Vietnam and Laos said: “Women have long been an important part of the business community in Vietnam and are an organic part of the thriving and dynamic entrepreneur community. While men and women business owners are on an equal legal footing, the International Finance Corporation estimated a financing gap of USD1.19 billion to the disadvantage of women. With She’s Next, we are looking to tip the scale back in favour of women by providing them with the funds they need to achieve their business ambitions.”

Applications for the Visa Vietnam She’s Next Grant Program will be open from March 28 until 11:59 pm VNT on April 29. Entrants need to be legal residents of Vietnam, represent a business that has been operational for at least one year and is at least 51 percent women owned. Applications can be completed at https://tinyurl.com/VisaVietnamShesNext.

This new grant program builds on Visa’s commitment to digitally enable 50 million small businesses around the world to kickstart recovery from the COVID-19 pandemic. In Vietnam, through its Where You Shop Matters campaign and Visa Commercial Offers program, Visa has encouraged consumers to support local businesses while helping SMEs to go digital to benefit from the surge in eCommerce while enhancing business efficiency.

As the trusted engine of commerce, Visa is also providing access to entrepreneurial knowledge and tools to unleash businesses in the digital era via Visa’s Practical Business Skills platform. The Visa She’s Next Grant Program will further support small businesses, with a particular focus on unlocking the potential of the most promising women entrepreneurs.