Boosting Female Founders Initiative – Now Open

Written by Saving Point Team

March 21, 2021

Applications for the Boosting Female Founders Initiative are now open. The first stage of the application process will close on 22 April 2021.

Who is this for?

Female founded (majority owned and led by women) startups who wish to scale their business into domestic and global markets.

 

ABOUT THE GRANT PROGRAM

  • The Boosting Female Founders Initiative – Round 2 will help female entrepreneurs to overcome the disadvantages faced in accessing finance and support to grow their startups.
  • The program provides grants of between $25,000 and $400,000 on a co-contribution basis to successful applicants. It is open to startups that are majority owned and led by women.
  • Approximately $11.6 million in grant funding is available for Round 2.

 

PROGRAM OBJECTIVES

  • To stimulate private sector investments into innovative startups led by women
  • To enable female founders to scale-up, expand into domestic and global markets, and become self-sufficient
  • To boost the economy through increasing the diversity of startup founders.

Application for the grant is a two-step process with Stage One being an Expression of Interest. This will confirm a business’s eligibility to claim the grant. Those applicants successful in their EOIs will be invited to complete and submit a grant application.

 

Get in touch with the Saving Point Grants team if you are interested in learning more about the program, and how we can assist.

You May Also Like…