4 minute Read
The Boosting Female Founders grant initiative is intended to stimulate investment into women-led, innovative tech businesses.
Announced as part of the 2018 Women’s Economic Security Statement and piloted for 2020, the scheme had an initial $18 million to deploy over three years.
The 2020 federal budget pledged a further $35.9 million over five years.
It’s intended to break down some of the barriers women founders face when seeking capital, and in turn help them scale, expand into new markets and become profitable and self-sufficient.
