Commercial International Bank (CIB), in partnership with Visa and Shark Tank Egypt, has announced the selection of nine female entrepreneurs to join the “She’s Next” program. The initiative is designed to support women-led businesses and strengthen their contribution to the Egyptian market.
Quick Facts
- Nine female entrepreneurs selected for the program.
- A partnership between CIB, Visa, and Shark Tank Egypt.
- Aims to support women-led SMEs in Egypt.
A Platform to Accelerate Women-Led Ventures
The “She’s Next” program offers a platform for female entrepreneurs in Egypt to gain the necessary tools and guidance to scale their businesses. The initiative focuses on providing participants with critical training, mentorship, and opportunities for expansion.
As a global initiative, She’s Next is built to enhance the role of women in the economy by delivering practical resources that help them develop their operations and improve their competitive edge in the market.
Banking, Media, and Payments Giants Unite
This collaboration brings together CIB’s financial sector expertise, Visa’s global payments network, and Shark Tank Egypt’s media and entrepreneurship platform. The partnership aims to create a robust support system for emerging startups by discovering innovative ideas, offering financing and development opportunities, and connecting founders with potential investors.
This move is part of CIB’s ongoing strategy to back the startup sector, with a specific focus on innovation and digital transformation that aligns with Egypt’s push towards a knowledge-based economy.
Driving Economic Growth in Egypt
The She’s Next initiative is positioned to have a direct impact on the local economy by fostering female economic empowerment and promoting the growth of small and medium-sized enterprises (SMEs). By equipping these founders with resources, the program helps create new job opportunities and attract investment into Egypt’s entrepreneurial ecosystem.
The involvement of major financial institutions like CIB also signals a growing commitment to broadening economic participation for women across the country.
About She’s Next
She’s Next, powered by Visa, is a global initiative dedicated to supporting women-owned small businesses through funding, education, and mentorship. The program operates in various regions worldwide, partnering with local financial institutions and organizations to provide female entrepreneurs with the tools and resources needed to grow their companies.
Source: Twasl News
