The ‘She’s Subsequent’ Grant Programme by Visa is again to help girls entrepreneurs to run, fund and develop their enterprise.
Because of the success of the inaugural programme final yr, and the continued have to help girls business-owners, Visa can also be doubling the funding for the She’s Subsequent Grant Programme.
Ladies-led companies in Carlow are invited to use for certainly one of 5 grants, totalling €50,000, and accompanied with one yr of teaching supplied by IFundWomen, the go-to funding market for women-owned companies.
Functions at the moment are open till August 16, 2022 at IFundWomen.com/VisaIreland
Confidence highlighted as key barrier to feminine entrepreneurs
In Eire, for each girl that’s an early-stage entrepreneur, there are almost double the variety of males.
That is nicely above the common throughout the Organisation for Financial Co-Operation and Growth (OECD). Confidence continues to be a barrier to reaching parity, with solely 38% of Irish girls perceiving they’ve the required abilities to start out a enterprise in comparison with 58% of males.
For people who have began their very own enterprise, this disparity in confidence stays, with 43% of ladies enterprise homeowners, surveyed by Visa, stating they have been very assured in evolving their enterprise in comparison with 65% of males.
The lingering affect of the pandemic can also be being felt and companies run by girls are once more disproportionately affected, with over half (58%) saying 2021 had been a problem and their enterprise remains to be recovering, in comparison with 33% of males[iv].
Mandy Lamb, Managing Director UK & Eire, Visa stated:
“Ladies who personal and handle companies face a singular set of challenges together with entry to capital and peer networks.
“That’s why we’re excited to assist make a distinction to girls business-owners throughout Eire right now via the second She’s Subsequent Grant Programme. Our analysis additionally reveals girls are much less assured than males in rising their enterprise which is why we’re notably proud to supply entry to teaching and help via IFundWomen in addition to that injection of €10,000 in capital.”
Pamela Laird, entrepreneur, Mandy Lamb, Managing Director UK & Eire, Visa and Ruth Deasy, Co-Founding father of Bear Market Espresso
Small enterprise neighborhood get behind She’s Subsequent
Final years’ winners are among the many girls entrepreneurs getting behind the marketing campaign, with most emphasising the significance of the teaching supplied.
As Aine McGurk, proprietor of kids’s clothes model, Dainty Bear stated “the teaching has been invaluable in elevating her confidence.”
Ailbhe and Izzy Keane, founding father of Izzy Wheels, the revolutionary and crowd pleasing wheelchair covers enterprise, are encouraging girls to use for the She’s Subsequent programme.
Ailbhe Keane stated:
“We’re obsessed with supporting and inspiring different girls to start out their very own companies and observe their goals. That’s why we’re very joyful to get behind ‘She’s Subsequent’ because the programme actually resonates with us.
“Whether or not the grant goes in the direction of web site improvement, social media, branding, advertising, or analysis, that is the additional help that ladies in enterprise want proper now. The teaching ingredient can also be fantastic to see as girls can profit from experience and steering to drive their enterprise ahead.”
Tips on how to apply
The She’s Subsequent Grant Programme, in partnership with IFundWomen, is open to small companies and organisations who’re majority owned by girls, working throughout all industries and sectors, via a easy utility course of.
To enter, candidates are requested to submit particulars about their enterprise and on-line presence at IFundWomen.com/VisaIreland.
Functions are invited below 5 completely different classes:
Common awards for:
Micro enterprise: sole proprietorships or microbusinesses with not more than two staff
Early-stage enterprise: Companies based and integrated throughout the final 24 months
Small enterprise: Any small enterprise with lower than 50 staff
Further two classes for:
Innovation: Companies in science, expertise, engineering or drugs which are targeted on growing new applied sciences.
Sustainability: Companies that present recognisable achievements in sustainability efforts e.g. sustainable power, local weather resilience, environmental and social finest follow, environmental and social innovation, and gender and financial inclusion.
Karen Cahn, Founder & CEO at IFundWomen stated:
“It’s an honor to associate with Visa on the second She’s Subsequent Grant Programme in Eire. It was encouraging to see the quantity of curiosity in final yr’s programme and we’re assured that with continued funding and sources, every woman-led enterprise will be capable to take the steps to develop with confidence.”
She’s Subsequent awards greater than €1.25 million in grants
Globally, feminine entrepreneurship is rising, with 153 million girls working established companies.
Since March 2020, She’s Subsequent empowered by Visa has awarded greater than 1.25 million Euros in grants and training scholarships to girls entrepreneurs throughout the globe.