About International Trade Centre(ITC) - World Trade Organization (WTO) Grants and Support to Entrepreneurs.

The World Trade Organization (WTO) is a global institution that regulates international trade by establishing rules and resolving disputes between member countries. Its primary mission is to ensure that trade flows as smoothly, predictably, and freely as possible.

The International Trade Centre (ITC) is a joint agency of the WTO and the United Nations, focusing on supporting small and medium-sized enterprises (SMEs) in developing and transitioning economies. The ITC provides training, grants, and other support aimed at enhancing entrepreneurship, particularly by helping businesses expand internationally. Some key initiatives include:

 1. ITC Training Programs:

   - Online Learning: The ITC offers a wide range of e-learning courses through its SME Trade Academy, which covers topics like international trade, e-commerce, export management, and more.

   - Capacity Building: They also conduct in-person workshops and seminars aimed at improving trade-related skills such as market analysis, business development, and compliance with international trade laws.

 2. Grants and Financial Support:

   - While the ITC itself does not directly offer grants, it works closely with other agencies and international donors to provide funding for specific projects, especially those that enhance trade opportunities for SMEs in developing countries.

   - Through partnerships with organizations such as the World Bank, African Development Bank, and the United Nations, entrepreneurs can access funding and investment opportunities related to trade.

 3. Support for Entrepreneurs:

   - Technical Assistance: The ITC provides technical assistance to entrepreneurs, helping them meet international market standards and improve their competitiveness.

   - Access to International Markets: Programs such as SheTrades focus on empowering women entrepreneurs by connecting them with global value chains.

   - Trade Facilitation: ITC also works to reduce trade barriers, simplify customs procedures, and promote cross-border trade for entrepreneurs.

   - Export Promotion: They offer services that help businesses find new markets for their goods and services, including market intelligence, trade fairs, and networking opportunities.

Key Grants and Support Programs for Entrepreneurs:

1. International Trade Centre (ITC):

   - SheTrades: A flagship initiative aimed at connecting 3 million women to international markets. It offers resources, training, and opportunities to women entrepreneurs, including access to trade finance.

     - Website: (SheTrades Website )

SheTrades Invest is an initiative under the SheTrades program by the International Trade Centre (ITC), aimed at facilitating investment in women-owned businesses by connecting them with investors. The program supports female entrepreneurs in accessing finance, improving their business models, and expanding into global markets.

SheTrades Invest Application Process:

1. Eligibility Criteria:

   Before applying, ensure your business meets the following eligibility requirements:

   - Women-owned or women-led business: At least 51% owned, operated, or controlled by women.

   - Operational for at least 3 years: The business should be established with a clear track record of operations.

   - Scalable business model: The business must have potential for growth, innovation, and impact.

   - Market-ready product or service: Products or services that are either already being sold in the market or are ready for launch.

   - Focus on export and international expansion: Preference is given to businesses looking to expand internationally.

2. Register on the SheTrades Platform:

   To apply for SheTrades Invest, you need to be registered on the SheTrades platform.

   - Website: (She Trades )

   - Click on “Join SheTrades” to create a business profile. You will be asked for basic information about your business, including your industry, products or services, and your role as a woman leader.

 3. Submit Application:

   - Once your profile is set up, look for the SheTrades Invest section within the platform.

   - Complete the SheTrades Invest application form. This will typically ask for detailed information about your business, including your business plan, financial projections, and how you plan to use any investment funds.

   - Upload any relevant documents such as business registration certificates, financial reports, and a detailed business pitch.

 4. Evaluation and Matching:

   - After submission, your application will be reviewed by the SheTrades Invest team. They will assess your business based on criteria like scalability, social impact, and readiness for investment.

   - If your business is selected, SheTrades Invest will match you with investors who are aligned with your business needs and goals.

 5. Investment and Support:

   - If you successfully match with an investor, you may receive financing to grow your business. The terms of investment will be negotiated between you and the investor.

   - In addition to investment, SheTrades Invest offers mentoring, training, and capacity-building programs to help you strengthen your business operations and global reach.

Tips for a Successful Application:

- Clear Business Model: Present a clear and scalable business model with a strong value proposition.

- Financial Soundness: Demonstrate financial health through up-to-date financial reports, and show how the investment will drive growth.

- Market Knowledge: Highlight your understanding of the markets you operate in and those you plan to enter.

- Social Impact: Emphasize how your business contributes to gender equality, job creation, or other social benefits.

By completing the above steps, you can increase your chances of being selected for the SheTrades Invest program and gain access to funding and resources to grow your business internationally.

2. Enhanced Integrated Framework (EIF):

   - A program supporting least-developed countries (LDCs) in becoming more active players in the global trading system. The EIF provides financial support and capacity-building assistance to entrepreneurs and SMEs in LDCs to help them access international markets.

     - Website: (Enhanced Integrated Framework )

3. World Bank Group:

   - While not directly managed by the WTO, the World Bank and IFC (International Finance Corporation) are closely aligned with WTO goals. They offer various funding opportunities, including grants and loans to support entrepreneurship, trade, and economic development.

     - Website: [World Bank - Grants and Funding](World-Bank Grant and Funding Website )

4. UN Development Programme (UNDP):

   - Provides funding and technical support for entrepreneurial projects that promote sustainable development and trade. UNDP works closely with WTO and ITC on development-focused trade initiatives.

     - Website: (UNDP Funding )

5. Global Trade Facilitation Programme (GTFP):

   - Focused on facilitating access to trade finance for small and medium-sized businesses in developing countries. The program helps entrepreneurs by improving access to trade finance, which is often a significant barrier to entry for global markets.

     - Website: (Application website)

6. African Development Bank (AfDB):

   - Supports African entrepreneurs through various financial instruments, including grants, loans, and equity investments aimed at boosting trade and economic integration on the continent.

     - Website: (AFDB Grants )

 How to Apply for Grants:

- Visit the above websites to check eligibility criteria and application processes for each specific grant or program.

- Most applications involve submitting a proposal or business plan outlining the impact of your project on trade, job creation, or economic growth.

- Engage with ITC's SME Trade Academy for learning resources to strengthen your proposal and understanding of trade mechanisms.

These platforms can provide pathways to funding and support for entrepreneurs aiming to engage in international trade.