Date Time
Grant open for Boosting Female Founders Initiative – round 2
Grants between $25,000 and $480,000 for female founded start-ups are being provided to expand into domestic and global businesses.
The Boosting Female Founders Initiative (the Initiative) – Round 2 will help female entrepreneurs overcome the disadvantages they face in getting access to finance and support, to grow their start-ups, and seeks to boost the economy through increasing the diversity of start-up founders.
Round 2 offers $11.6 million in grant funding, and is a significant increase on round 1’s $6 million available. The total initiative provides $52.2 million over five years from 2020-21 to 2024-25.
Eligible activities include (but are not limited to): product development and marketing; launching and scaling products; expansion to other markets; developing software and apps; purchase of equipment to enable growth; access to independent management (for example, C-suite and advisory boards); and access to relevant professional development.