Description
The InspireHer Contest, is an initiative of the Union of Arab Banks (UAB), in partnership with the Union for the Mediterranean (UfM), seeking to significantly transform financial access and entrepreneurship opportunities for women throughout the MENA region.
Recognizing the critical importance of women’s economic empowerment, InspireHer aims to address the notable challenges faced by women entrepreneurs, particularly in accessing financial services and business development opportunities.
Eligibility and participation
Women entrepreneurs from Lebanon, Jordan, Egypt, Palestine, Mauritania, Algeria, Morocco, Tunisia, and Libya are invited to participate. Through this competition, women have the chance to present initiatives specifically tailored to overcome existing financial barriers, enhance economic participation, and boost entrepreneurial activity in their communities.
Applications open on 24 March 2025, with submissions closing on 24 April 2025. Finalists will be announced in June 2025, leading up to the grand awards ceremony scheduled for 15 July 2025.
Objective
Key objectives include raising widespread awareness about the importance of financial inclusion for women, clearly identifying the unique challenges they face in entrepreneurship, and celebrating successful women entrepreneurs who have successfully navigated these barriers.
Furthermore, the contest seeks to encourage the development of innovative, scalable solutions that foster financial access and growth for women-led enterprises.
A pivotal component of the initiative is the establishment of a robust networking platform designed to facilitate knowledge exchange, collaboration, and ongoing support among entrepreneurs, financial institutions, policymakers, and other essential stakeholders.