In a significant move to bolster female entrepreneurship in the Sultanate, Sohar International Bank has announced a strategic collaboration with global payments leader Visa to launch the “She’s Next” initiative in Oman. The program is designed to provide women founders with the resources, funding, and mentorship needed to grow their businesses.
A Strategic Partnership For Omani Entrepreneurs
This collaboration brings together a leading Omani financial institution with a global powerhouse in digital payments, creating a powerful support system for the nation’s burgeoning startup scene. By launching She’s Next, Sohar International Bank and Visa are directly addressing the unique challenges faced by women entrepreneurs, aiming to foster a more inclusive and diverse business environment in line with Oman’s Vision 2040 goals.
Empowering Growth Through Funding And Resources
The She’s Next initiative, a global program by Visa, is renowned for its multifaceted approach to supporting women-owned small businesses. The Omani edition will provide female entrepreneurs with opportunities to secure funding through grants, gain access to practical business tools, and connect with a valuable network of industry experts and mentors. This support is crucial for scaling operations, navigating market complexities, and driving sustainable growth.
Bolstering The Sultanate’s Startup Ecosystem
The introduction of She’s Next in Oman marks another milestone in the country’s efforts to cultivate a vibrant and dynamic ecosystem for startups and SMEs. By specifically targeting women-led enterprises, the initiative not only promotes gender equality in the business world but also unlocks a vital economic force. Empowering female founders is expected to spur innovation, create jobs, and contribute significantly to the diversification of the Omani economy.
About She’s Next
She’s Next, powered by Visa, is a global advocacy program dedicated to supporting and championing women in their efforts to fund, run, and grow their small businesses. Since its launch in 2019, the initiative has expanded worldwide, providing female entrepreneurs with grants, educational resources, and a powerful peer network to help them thrive in the competitive business landscape.
Source: Fintech Gate
