Only 6 Weeks Left to Enter Huge Visa Grant for Female Entrepreneurs

//Only 6 Weeks Left to Enter Huge Visa Grant for Female Entrepreneurs

Only 6 Weeks Left to Enter Huge Visa Grant for Female Entrepreneurs

A woman in a suit standing next to the Visa logo. Image by Mohamed Hassan on Pixabay.

Female business owners are invited to apply for one of five €10,000 grants, and one-year coaching from IFundWomen. The programme is designed to support women entrepreneurs as research by Visa reveals confidence gap between male and female entrepreneurs. Over half (58%) of women small business leaders surveyed, were challenged by the Covid-19 pandemic. 

There are only six weeks left for Irish businesswomen to enter for the She’s Next Grant. The She’s Next programme offers the chance to win one of five €10,000 grants in addition to a year of business coaching. Applications remain open until the 16th of August 2022.

Visa highlights confidence as key barrier to female entrepreneurs

In Ireland, for every woman that is an early-stage entrepreneur or small business owner, there are nearly double the number of men. This is well above the average across the OECD. Confidence continues to be a barrier to achieving parity between genders, with only 38% of Irish women perceiving they have the necessary skills to start a business, compared to 58% of men.

For women that have started their own venture, this disparity in confidence remains, with 43% of women business owners surveyed stating they were very confident in evolving their business compared to 65% of men.

The lingering impact of the pandemic is also being felt and businesses run by women are again disproportionately affected, with over half (58%) saying 2021 had been a challenge and their business is still recovering, compared to 33% of men. 

Mandy Lamb, the Managing Director of UK & Ireland Visa said: “Women who own and manage businesses face a unique set of challenges including access to capital and peer networks. That’s why we’re excited to help make a difference to women business-owners across Ireland today through the second She’s Next Grant Programme.  Our research also shows women are less confident than men in growing their business which is why we’re particularly proud to offer access to coaching and support through IFundWomen as well as that injection of €10,000 in capital.

Applying for these grants

The She’s Next Grant Programme, in partnership with IFundWomen, is open to small businesses and organisations who are majority owned by women. This is across all industries and sectors, through a simple application process. To enter, applicants are asked to submit details about their business and online presence at www.ifundwomen.com/visaireland

Applications are invited under five different categories, micro businesses with no more than two employees, early-stage businesses that have been founded within the last 24 months, and small businesses with under 50 employees.

Additionally, there are grants for innovative businesses in science, technology, engineering, or medicine (STEM) that are focused on developing new technologies, and for businesses that show recognisable achievements in sustainability efforts e.g. sustainable energy, climate resilience, environmental and social best practice, environmental and social innovation, and gender and economic inclusion.

Article by [author-name] (c) Irish Tech News - Read full story here.

By | 2022-07-11T10:30:00+00:00 July 11th, 2022|Technology|Comments Off on Only 6 Weeks Left to Enter Huge Visa Grant for Female Entrepreneurs