- IFundWomen is itself a funding marketplace for women businesses.
- Under this grant program, Indian Women Entrepreneurs will be able to receive fund from Visa and thus can expand their businesses. Women Entrepreneurs can avail the fund through a series of grants.
- For promoting this program, Visa has partnered with FLO, which is the ladies wing of FICCI and with Instamojo.
- Under the grant program, Visa has asked women, entrepreneurs, to submit their application for funds requirement from 21st Sep to 20th Oct 2020.
- They are also asked to submit a small video on the website which will describe their business in short.
- 3 winners will be shortlisted and they will receive grants of Rs 7, 00,000 each. They will also get training and coaching regarding their business by Visa and IFundWomen.
- Static Part:
- HQ of Visa Inc.: California, United States
- HQ of IFundWomen: New York, United States
Question:
Q.1 Who among the following launched a grant program to offer support to Indian Women Entrepreneurs?
a. Mastercard
b. Federal Bank and Airtel
c. Visa Inc and IFundWomen
d. BSNL and SBI
a. Mastercard
b. Federal Bank and Airtel
c. Visa Inc and IFundWomen
d. BSNL and SBI