Visa and CIB announce five recipients of first Egypt edition of Visa She’s Next program – Egypt Today

Visa and CIB announce five recipients of first Egypt edition of Visa She’s Next program – Egypt Today

Cairo, Egypt, 12 September 2022 –Visa, the world's leader in digital payments, today announced the winners of its She's Next grant program in Egypt at an award ceremony in partnership with Commercial International Bank (CIB) and USAID. Under the initiative, five Egyptian women-led businesses in Egypt received a US$10,000 grant and a year of business coaching from IFundWomen to help their businesses grow and expand, as well as media exposure and networking opportunities. The five winners were selected from more than 150 applications submitted by Egyptian women entrepreneurs from a wide range of sectors, from textiles to education, food and beverage to professional services, beauty and wellness. Winners were selected based on the evolution of their entrepreneurial journey, the strength of their business metrics, their digital presence and their problem-solving skills. The jury consisted of Malak El Baba, Visa's Country Manager for Egypt, Hany El-Dieb, Head of Business Banking at CIB, Amr El-Khouly, Head of Business Banking Product Development at CIB, Leslie Reed, Egypt Mission Director at USAID, and Abeer Shakweer, Assistant Resident Representative for Inclusive Growth and Innovation at UNDP. By participating in the program, all women entrepreneurs gained access to practical insights from female leaders in the public