QLD Accelerating Female Founders Program Round 2

QLD Accelerating Female Founders Program

The QLD Accelerating Female Founders program will assist Queensland female founders to take their innovative businesses to the next stage.

The Fund provides grants from $50,000 to $200,000 toward the development and delivery of business support initiatives to be delivered within a maximum 24-month timeframe.

Applications are sought from organisations targeting one of the business support initiatives:

  • Early stage initiatives with one or more of the following components: Incubator, pre-accelerator, startup business development acumen, mentoring and advocacy
  • Later stage initiatives with one or more of the following components: Accelerator, Scaleup business development acumen, mentoring and advocacy.

For Round 2, applications which propose initiatives specifically targeting Indigenous, regional, youth (18-25 years), or other identified diverse groups, will be highly regarded.

Eligibility

To be eligible for this grant, applicants must:

  • have an ABN and be registered for GST
  • be Queensland based (being based in, or having an office located in, Queensland), or provide the details of Queensland based subcontractor(s)/key personnel who will be utilised to develop/deliver the business support initiative
  • must be an organisation – not a sole trader

Eligible Use of Grant Funds

Fund can be used that are related to the development and delivery of the business support initiative covering:

  • subsidised costs for Queensland female founders’ participation in the business support initiative
  • staffing costs to develop/deliver the business support initiative
  • resource materials and other reasonable costs associated with delivery of the business support initiative
  • selected travel costs to support regional participation
  • publicity, communication and marketing activities to recruit Queensland female founder participants for the business support initiative

Ineligible Expenditure

The grants must not be used for activities which include:

  • costs associated with securing and/or managing the grant funding (e.g. grant writers and bookkeeping costs)
  • general business operating costs, including but not limited to rent, rates, electricity, water, internet, insurance, software, accounting fees, legal fees

Assessment Criteria

The main assessment criteria include:

  • Significance of the funding opportunity/proposed initiative
  • Strength of applicant organisation
  • Value for money
  • Sustainability and Resilience

Learn More

To learn more about the QLD Accelerating Female Founders program Round 2 and apply click here

Applications for the first assessment date must be submitted by 11am 15 April 2024.

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