WTO and ITC Launch USD 50 Million WEIDE Fund to Support Women Entrepreneurs in the Dominican Republic, Mongolia, and Nigeria with Digital Trade Opportunities

WTO and ITC Launch USD 50 Million WEIDE Fund to Support Women Entrepreneurs in the Dominican Republic, Mongolia, and Nigeria with Digital Trade Opportunities

The Women Exporters in the Digital Economy (WEIDE) Fund, introduced by the World Trade Organization (WTO) and the International Trade Centre (ITC) in February 2024, is a significant initiative aimed at empowering women entrepreneurs.

This fund focuses on helping women-led businesses thrive through international trade and digital transformation, providing critical resources to take their businesses to the next level.

WEIDE Fund: A USD 50 Million Opportunity

With an impressive USD 50 million in funding, the WEIDE Fund is designed to break down barriers for women entrepreneurs and give them access to resources they need to grow in global markets.

The fund works to enhance their opportunities in international and digital trade by improving their access to:

  • Networks and Support Services: Creating more inclusive business ecosystems through collaborations with both private and public sectors.

  • Financial Support: Offering grants and facilitating partnerships with financial institutions to bridge the financing gap.

  • Technical Assistance and Training: Providing digital skills training and strategies to increase export competitiveness.

  • Access to Export Markets: Connecting women to digital platforms that open up new opportunities in global markets.

Who Can Benefit from the WEIDE Fund?

The fund is specifically designed for:

  • Women-led MSMEs in the formal sector that are already exporting or are ready to start exporting.

  • Women-led micro and small enterprises in the formal sector that have export potential and are looking to scale up.

Key Dates for Applicants

If you’re a woman entrepreneur looking to expand your business through international trade, this is your chance to apply.

Here are the key dates for the application process:

  • April 22 to May 18, 2025: Application window opens for women-led MSMEs based in the Dominican Republic, Mongolia, and Nigeria.

  • June 2025: The selection of winners will take place.

How to Apply

To apply, simply reach out via email at [email protected] or click the provided link for more details.

Don’t miss out on this incredible opportunity to grow your business globally and connect with new markets.

Deadline: May 18, 2025.