A Guide on Support for Female Entrepreneurs in Australia

The support for female business owners in Australia has been increasing with each passing year. More and more women from Brisbane, Melbourne, Sydney, Adelaide, and other cities in Australia are starting their own businesses and doing international trading.

This trend will continue to grow- all thanks to the friendly environment for female founders across the country. The surrounding sectors, economies and all communities are supporting young and talented female business owners. Let’s highlight the efforts of Australia on developing and supporting new business women and professionals for high growth.

Support for female business owners in Australia comes from different areas of society. Many consultancies offered precise research materials describing the challenges and golden opportunities for female entrepreneurs, such as:

• Nurturing collaborative ecosystems for success and encouraging budding female entrepreneurs.
• Discovering female entrepreneurs potential
• Banks are also supporting programs, including Ruby Connections, Westpac’s Women in Tech, NAB supporting female-oriented investment firm Scale.

Government Is Also Supporting Business Women and Professionals

State governments are also involved for the community and economic outcomes. They are funding the programs, like the Federal Boosting Female Founders initiative. Queensland has introduced Female Founders program and Victoria government has come up with LaunchVic investment into the Girl Geek Academy program as well as Bright Sparks program.

What is Female Founders Program?

The Queensland government has designed is program to help female business owners and founders at different stages of the business lifecycle. The purpose is to focus on boosting the participation rate and entrepreneurship skills of female business owners in Queensland. The government is dedicated to provide financial support to those in the initial phase to take their business to the new heights of success. The program is focussed at female founders who are:

Searching for female mentors

• Wanting to expand their business
• Attend networking events
• Improve their business skills and potential
• Build a strong connection with like-minded people.

Gender equality is the topmost priority of the state government and that’s why they are supporting all types of female founders to begin and grow their company locally and globally.

Women’s Network Australia

The Women’s Network Australia is a group of empowered women that is empowering women. Women in business need education and support to thrive, not just survive. WNA aspires to be a voice for women in business at a time when more women than ever are starting their own businesses. WNA provides a platform for its participants to thrive by assisting in the development of close business connections and the formation of strategic alliances. As a WNA member, you will be able to participate in a variety of educational, supportive, and rewarding events, workshops, and campaigns. There are also regular online events held to give a national forum for networking and forming business alliances and acquaintances.

What is the Concept of Boosting Female Founders Initiative?

The federal government has opened applications (worth between $25,000 to $480,000) with the aim to offer funding for female founders for their start-up businesses.

This program is introduced to assist female entrepreneurs overcome the restrictions faced in getting the funds for business sectors for female entrepreneurs. If you are running a business or planning to start a new one in the local and global markets, then you can fill the application.

What includes in Bright Sparks Program introduced?

Bright Sparks is a great program, designed to inspire, connect and support young and dedicated female entrepreneurs in Victoria via a network of local as well as international mentors. The workshops, leadership programs and other events are conducted to nurture and boost the confidence of female founders for their businesses.

Conclusion

The federal and state governments are support young and talented female founders and business women in Australia through their programs and events. If you want to become your own boss, then gather the right information and know what type of a business to want to start with.