Female Founders Co-Investment Fund
About the program
The Female Founders Co-Investment Fund is a pilot fund that aims to support eligible businesses to leverage funding and secure new investment to build business capacity, and will:
- help Queensland female founders access Government funding,
- support Queensland female founders across a wide range of industries to grow innovative businesses,
- increase the number of female founders participating in the Queensland innovation ecosystem, and
- help to grow an investment pipeline for female founded businesses.
The female founder should:
- have a letter of support from the lead investment entity,
- have an established business plan,
- have a clear runway and growth plan for 12 months,
- have a clear innovation focus,
- be undertaking a new pre-seed or seed raise/investment, and
- plan to use the funding to scale their business.
Funding and support
The Fund provides grants from $50,000 to $200,000 matched at a 3:1 ratio over a period of 12 months, for either a single investment or a raise round led by an eligible investment entity.
Eligibility
To be eligible for funding, organisations must at the time of application:
- be a Queensland based business
- have an ABN and be registered for GST
- be a 100% female-founded business (as at the point of incorporation)
- have more than 50% female ownership (at the time of application)
- have no more than 50 full-time-equivalent employees
- not be a subsidiary of a group of companies that has more than 50 full-time-equivalent employees
- not have received investment through previous capital raises, grant funding or accelerators totalling more than $500,000
- not be a current or past recipient of the Ignite Ideas Fund
- be undertaking pre-seed or seed eligible investment from an approved eligible investor.
To find out more or to apply, visit the link below.
More Recent News
-
Business Leaders Breakfast
We are excited to invite you to our Business Leaders Breakfast. We will be joined by Brisbane Lord Mayor The Hon. Adrian Schrinner for an inspiring morning. Read More -
BCC Small Business TikTok Workshop
In this workshop, you’ll learn how to harness the power of TikTok to elevate your brand presence, create compelling content, and drive tangible business results. Read More -
Member Exclusive: Australian Women's Leadership Symposium Discount
We are excited to have organised a special discounted price for our BNCC members for the Australian Women's Leadership Symposium. Read More