The Women Exporters in the Digital Economy (WEIDE) Fund, launched by the WTO and the ITC in February 2024, aims to empower women entrepreneurs by helping them grow their businesses through international trade and digitalisation.
The USD 50 million WEIDE Fund will unlock opportunities in international trade and digital trade for women entrepreneurs by improving their access to:
- Grants and support from financial institutions to reduce the financial gap
- Technical assistance and training related to digital skills and improving export competitiveness
- Export markets, with the aim of connecting more women to digital market platforms
- Networks and support services, with the objective of creating more inclusive and effective business ecosystems including leveraging partnerships with the private and public sectors.
About World Trade Organisation (WTO)
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible. The WTO has many roles: it operates a global system of trade rules, it acts as a forum for negotiating trade agreements, it settles trade disputes between its members and it supports the needs of developing countries. All major decis...&nb... continue reading
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WTO-ITC Women Exporters in the Digital Economy (WEIDE) Fund
Aim and Benefits of WTO-ITC Women Exporters in the Digital Economy (WEIDE) Fund
Applicants will benefit the following:
- Improve their business operations to increase their competitiveness
- Transact business and trade more effectively internationally
- Use new or more online channels to sell their products/services
- Create and upgrade employment opportunities
- Benefit from additional assistance provided by a corporate partner as a result of support from the Fund.
Requirements for WTO-ITC Women Exporters in the Digital Economy (WEIDE) Fund Qualification
The program is open to the following:
- women-led MSMEs in the formal sector which are already exporting or which are ready to start exporting
- women-led, micro and small enterprises in the formal sector with export potential.
- The WEIDE Fund calls on BSOs to apply to become a WEIDE Fund in-country partner. BSOs are critical to the successful implementation of the fund and will be called upon to support the fund with rolling out the call for applications to women-led MSMEs as well as identifying and leveraging new partnerships for the Fund.
- Partner BSOs will be selected based on criteria such as technical and operational capacity, commitment, country development status, and regional representation.
- By becoming a partner BSO with the WEIDE Fund, BSOs will be able to better support their women-led MSMEs to increase their export competitiveness, bridge the access to finance gap, and connect to markets through an increased digital presence.
Interview date, Process and Venue for WTO-ITC Women Exporters in the Digital Economy (WEIDE) Fund
Timeline:
- 11 Sep 2024 — Call for proposals from Business Support Organizations (BSOs)
- 1 Nov 2024 — Selection of BSOs
- 12 Dec 2024 — Call for BSO proposals for funding
- Feb/Mar 2025 — Selection of winners
Application Deadline
October 15, 2024How to Apply
Interested and qualified? Go to
World Trade Organisation (WTO) on surveys.intracen.org to apply
For more details, visit WTO website.
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