PraxiLabs, Others Get Prize Money As Visa Awards USD 45 K To Egyptian Startups

PraxiLabs, Up-Fuse, and Kennah have won USD 20 K, USD15 K and USD 10 K, respectively, at the fourth edition of Visa’s She’s Next programme in Egypt, sharing a total of USD 45 K in prize funding.

The competition attracted more than 2,500 women-led businesses, with nine finalists selected to pitch before a panel of investors and industry experts.

Delivered in partnership with Commercial International Bank (CIB) and Shark Tank Egypt, the programme provides women entrepreneurs with mentorship, training, networking opportunities, and funding.

Beyond the cash prizes, participants received business development support covering digital tools, pitch preparation, and sustainable growth. Since 2020, Visa has invested more than USD 3.8 M globally through the She’s Next initiative to support women-owned businesses.