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Ali Bailoun

Visa launches its grant programme ‘She's Next' in Bahrain

MANAMA, May 23, 2023

Visa, the world’s leader in digital payments, is bringing the Saudi Arabia edition of its She’s Next initiative to women-owned businesses in Bahrain in partnership with Bahrain Islamic Bank (BIsB).
 
“She’s Next”, empowered by Visa, is a global advocacy programme that aims to support women-owned small businesses through funding, training and mentorship. From May 23 and until June 23, 2023, women entrepreneurs from all industries and sectors in Bahrain can apply to “She's Next”. 
 
One winner will receive a grant of $50,000, a tailored training programme, and access to She’s Next Club resources such as a workshop library and community of entrepreneurs.  
 
Additional funding
Ali Bailoun, Visa’s Regional General Manager for KSA, Bahrain and Oman, commented: “Women entrepreneurs in Bahrain require additional funding and support in today's business landscape. That’s why we're proud to bring She's Next for the first time to Bahrain and we are grateful to Bahrain Islamic Bank for their support in bringing this important initiative to women owned businesses in these important markets.”  
 
Fatema AlAlawi, Chief Retail Banking Officer in Bahrain Islamic Bank (BisB), stated: “In our pursuit to promote digital innovation and financial sustainability of Bahraini SMEs, we are proud to partner with Visa for the inaugural edition of She's Next in Bahrain. By empowering and supporting women entrepreneurs, we aim to create an enabling environment that cultivates progress and prosperity for all. Together, we are committed to forging a path of success and unlocking limitless possibilities in the digital age."
 
Since 2020, Visa has invested +$3 million in over 250 grants and coaching for women SMB owners through the She’s Next grant programme globally including in US, Canada, India, Ireland, Ukraine, Kazakhstan, Saudi Arabia, UAE, Egypt and Morocco.-- TradeArabia News Service
 



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