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Boosting Female Founders Grant Tuesday 24 Mar 2020

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International Women’s Day helps to celebrate the critical work women in business undertake, whilst acknowledging the inherent challenges they face. In an effort to increase the number of female-led businesses in Australia, the Federal Government has launched the Boosting Female Founders Initiative (BFFI).

This National grant program is a matched cash funding program where businesses are:

  • Start-up businesses
  • Female founded
  • Have a project that requires funding

Funding is available on a two-tiered basis, with tier 1 funding available up to $140,000 and tier 2 funding available up to $480,000. The business will need to be able to match the funding requested.

Competitive grant programs such as these require applicants to have a “project”, which forms the basis of the application. The project could be anything from building factory space or factory fit‑outs, to hiring additional staff and purchasing servers for a large IT project.

The first stage of the application process is the submission of an Expression of Interest (EOI). For the first round of the grant program, these EOI submissions are due by 5pm on April 14, 2020. There will be further rounds of the program, but it is not yet known when these will open.

If your business is successful in the first stage of the process, following the EOI submission, you will be asked to submit a full grant application which includes a powerpoint presentation of your project, evidence of your funding, and a business plan. Further information can be found here.

Glasshouse Advisory does assist companies in gaining access to grants such as these. We offer review services through to our full grant writing services.

Please contact Glasshouse Advisory if you have any questions or would like to hear more about how we can help you access this grant program.

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