Visa Everywhere Initiative 2023: Global competition for innovators

About Visa Everywhere Initiative

The Visa Everywhere Initiative is a program that fosters open innovation, assisting startups like yours to access new opportunities and providing a worldwide platform to showcase your innovative solutions. Initially launched in the U.S. in 2015, the program expanded rapidly into a global initiative. As of now, approximately 12,000 startups have applied to the program, and several of them now collaborate with Visa or its clients. Applying to the program is the initial step to grab Visa’s attention

Article Summary

Visa Everywhere Initiative is an open innovation program that helps startups like yours unlock new opportunities
Three monetary prizes will be awarded during the global finals event celebrated on September 19 at the TechCrunch Disrupt event in San Francisco.
Nearly 12,000 startups have applied to the program — many of which now work with Visa or its clients.

The Visa Everywhere Initiative 2023 is currently accepting applications. This program supports innovative startups like yours and provides a chance to showcase your groundbreaking solutions on a global platform.

The upcoming global competition promises to be even more thrilling than previous years, with the added opportunity for finalists to present their ideas to Visa executives, potential clients, and investors. The TechCrunch Disrupt event will host the global finals, where one winner per region will be chosen. If your startup already has great products in the market and is gaining traction, and you’re seeking a boost from a trusted global brand like Visa to scale up, then apply now.

Click here to apply

Prizes

Three monetary prizes will be awarded during the global finals event celebrated on September 19 at the TechCrunch Disrupt event in San Francisco.
Overall Winner: $50,000 USD
Audience Favorite: $10,000 USD (The overall winner and the Visa Direct winner are also eligible to win the Audience Favorite prize)
Visa Direct: $10,000 USD.

Global finalists will also be hosted by Visa at the TechCrunch Disrupt Pavilion to exhibit together their companies in the Expo Hall with the following benefits:

standing demo table or kiosk in the Expo Hall all 3 days
11” x 14” tabletop sign with sponsor logo
Founder pass
Access to complimentary partner wifi network and power
Access to Startup Exhibitor Lounge
Access to TechCrunch Disrupt press list
Inclusion in the Disrupt mobile app

Prior to the global finals, the following local and regional prizes will also be awarded:

Kingdom of Saudi Arabia: Finals will be held in person on Wednesday, June 14th, 2023.

1st Place – $40K
2nd Place – $27K
3rd Place – $13K
Oman Winner, 1st Place: $40K
Bahrain Winner, 1st Place: $40K
Impact Award Winner: $13k

South Africa

1st Place – $20K
2nd Place – $10K
Audience Favorite – $10K
Impact Award – $10K

Kenya

1st Place – $20K
Audience Favorite – $10K
Impact Award – $10K

CEMEA (Central Europe, Middle East, and Africa): Virtual finals livestreamed on TechCrunch

1st Place – $20K
Audience Favorite – $10K
RISK Winner – $25K

Eligibility

To participate, individuals must either own or work for the company and be acting in a commercial or independent professional capacity. They must also be legal residents of an eligible market within their respective region.
The participant must have reached the age of 18 (or the age of majority in their jurisdiction of residence, if higher) at the time of registration.
Furthermore, Visa employees, officers, and directors, as well as those of its affiliates or designees, are allowed to register for the program, but they are not qualified to participate in any virtual or in-person competitions or receive any awards outlined in the Initiative.

They are looking for products that deliver innovative payment and commerce solutions to consumers and businesses. These include but are not limited to:

Enablers of digital services and digital issuers