The Female Founders Co-Investment Fund is a Queensland government initiative designed to support women-led businesses in securing early-stage investment. The fund provides grants ranging from $50,000 to $200,000, matched at a 1:3 ratio.
The Female Founders Co-Investment Fund is a Queensland government initiative designed to support women-led businesses in securing early-stage investment. The fund provides grants ranging from $50,000 to $200,000, matched at a 1:3 ratio, to assist in closing investment rounds led by eligible investment entities.
The program remains open until all funds are allocated.
Support Queensland-based female founders in closing early-stage investment rounds by leveraging government backing.
Assist in the growth of innovative businesses across various industries.
Increase the participation of female founders in Queensland’s innovation ecosystem.
Develop an investment pipeline for female-founded businesses.
The fund provides grants that are:
Matched at a 1:3 ratio for funding rounds led by eligible investment entities.
Designed to support businesses in securing further investment within 180 calendar days from provisional approval.
To be eligible, applicants must:
Be headquartered in Queensland with an active ABN and GST registration.
Be majority female-owned (at least 51% of shares held by women) and female-led (at least one primary executive decision-making position held by a woman) for at least six months prior to application.
Have no more than 50 full-time equivalent employees.
Not have received investment exceeding $500,000 through previous capital raises.
Be undertaking a new pre-seed or seed capital raise from an eligible investment entity.
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