How to Apply Visa Everywhere Initiative Grant 2023| The Visa Everywhere Initiative competition grant portal 2023 has open, The program first launched in the U.S. in 2015, and quickly expanded into a global program. If you are looking for an opportunity to showcase your innovative fintech startup to the world, a platform to gain recognition and build credibility and a chance to win prize money, the Visa Everywhere Initiative competition is for you. How to apply
- This year’s competition will be hosted at the TechCrunch Disrupt event on September 19th in San Francisco.
- Applying is the first step towards getting Visa’s attention
The Visa Everywhere Initiative is an open innovation program that helps startups like yours unlock new opportunities — and can give you a global platform to demonstrate your ground-breaking solutions.
Grant: $500,000
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This year 2023 global competition is going to be more exciting than ever before — with an amazing opportunity for selected finalists to get in front of Visa’s executives, potential clients, and investors.
- One winner per region will be selected to compete in the global finals at the TechCrunch Disrupt event
Eligibility:
- Apply now if you’re a startup with great products already in market and gaining traction — and are looking for an extra push from a global, trusted brand like Visa to gain scale.
- Enablers of digital services and digital issuers (Blockchain and cryptocurrency, Crowdfunding, Banking as a service, BIN sponsors, Issuer/ Processors, Program managers.
- Digital issuance : (Blockchain and cryptocurrency, Alternative lending, Personal financial management, Money transfer and remittance, Digital banking (aka neobanks), Digital wallets, P2P, and transfers, Employee benefits
Payables, Corporate cards (aka expense management) - Value-add for merchants and/or consumers in regard to finance: Data and analyticsID, authentication, and security
InsurTech, ,Loyalty, Merchant services and tools, Process and pay infrastructure ,Retail technology - Small/medium-sized business: Money movement (disbursements, intra-account, P2P vendor, payments), Acceptance (e-commerce, mobile acceptance), Risk management (chargebacks, etc.), Brand management (community building, etc.)
New categories
- Sustainable Fintechs
Urban Mobility
Risk
Three monetary prizes will be awarded during the global finals event celebrated on September 19th at the TechCrunch Disrupt event in San Francisco.
- Overall Winner: $50,000 USD
- Audience Favorite: $10,000 USD (The overall winner and the Visa Direct winner are also eligible to win the Audience Favorite prize)
- Visa Direct: $10,000 USD
Global finalists will also be hosted by Visa at the TechCrunch Disrupt Pavilion to exhibit together their companies in the Expo Hall with the following benefits:
- (1) standing demo table or kiosk in the Expo Hall all 3 days
- (1) 11” x 14” tabletop sign with sponsor logo
- Founder pass
- Access to complimentary partner wifi network and power
- Access to Startup Exhibitor Lounge
- Access to TechCrunch Disrupt press list
- Inclusion in the Disrupt mobile app
Prior to the global finals, the following local and regional prizes will also be awarded:
Kingdom of Saudi Arabia
Finals will be held in person on Wednesday, June 14th, 2023.
- 1st Place – $40K
- 2nd Place – $27K
- 3rd Place – $13K
- Oman Winner, 1st Place: $40K
- Bahrain Winner, 1st Place: $40K
- Impact Award Winner: $13k
South Africa
- 1st Place – $20K
- 2nd Place – $10K
- Audience Favorite – $10K
- Impact Award – $10K
Kenya
- 1st Place – $20K
- Audience Favorite – $10K
- Impact Award – $10K
CEMEA (Central Europe, Middle East, and Africa)
Virtual finals livestreamed on TechCrunch
- 1st Place – $20K
- Audience Favorite – $10K
- RISK Winner – $25K
How to Participate
- Apply here
- Visa will select one winner per each region that will move forward to the global finals event in San Francisco, CA.
- North America
- Europe
- Asia Pacific
- Latin America
- CEMEA [Central Europe, Middle East, Africa] – This region will run additional competitions. See the schedule for more information.
Timeline:
Local application deadlines
Kingdom of Saudi Arabia: Sunday, May 14, 2023
Finals will be held in person on Wednesday, June 14, 2023.
South Africa: Sunday, May 14, 2023
Kenya: Sunday, May 14, 2023
Regional application deadlines
Central Europe, Middle East, and Africa: Monday, May 22, 2023
Asia Pacific: Monday, May 29, 2023
Europe: Monday, June 5, 2023
Latin America and the Caribbean: Monday, June 12, 2023
North America: Monday, June 26, 2023
Global finalists announcement: Monday, August 21, 2023
Global finals: Tuesday, September 19, 2023
TechCrunch Disrupt, Moscone Center, San Francisco, CA