Women In Business | Blogs | FundFindrs
banner image

Funding To Support Women In Business

February 12, 2024

In a significant stride towards fostering gender equality in the business landscape, the New South Wales government has allocated a substantial $500,000 investment across three impactful programs. These initiatives, operating under the Women in Business Network (WIBN), are designed to bolster the efforts of women entrepreneurs in various sectors. Providing them with the necessary tools and support to thrive as entrepreneurs and as scaling business owners.

Women with businesses and those who want to establish a business will be connected with resources and opportunities through these programs, which include training, workshops, networking and, most importantly, industry mentoring. 

Resources and Programs for Women in NSW

FundFindrs advises female business owners in NSW to concentrate on key areas for thriving success. Prioritise these recommendations to enhance your business growth and overall success.

 

1. Grants and Funding:

Explore financial support for women entrepreneurs in New South Wales, whether they are managing existing businesses or aspiring to launch one. Utilise tools like GrantGuru.com, a platform we proudly partner with, to streamline the process and discover valuable resources for funding and business development.

Alternatively, partner with experts like FundFindrs, who can conduct research and tailor a bespoke funding proposal for your business, saving you time and effort.

          Explore Funding Resources

Utilise interactive online tools to explore various grants and funding programs tailored to support the operation and expansion of your business. Effortlessly filter available programs based on your specific circumstances, generating a comprehensive list of initiatives currently open for applications or anticipated in the future.

          Australians Investing in Women (AIIW)

Engage with Australians Investing in Women (AIIW), a non-profit organisation dedicated to encouraging increased funding for women and girls. Collaborate with philanthropic, corporate, or community leaders interested in contributing to impactful projects benefiting women and girls both in Australia and internationally.

2. Training and Education:

The Women in Business initiative by the NSW government provides an affordable online study program for women aiming to launch a micro or small business, as well as those already engaged in business activities. Tailor your learning experience by selecting from a diverse range of online topics, allowing you to create a program that addresses your unique needs. Additionally, take advantage of opportunities to participate in local small business events to enhance your networking and skills.

3. Networking and Mentoring:

The Australian Resource Directory for Women Entrepreneurs is a valuable compilation of essential resources, including programs, funding sources, networks, mentors, and tools dedicated to supporting women entrepreneurs. This directory serves as a complement to the Boosting Female Founders Initiative, an initiative with the primary goal of aiding women entrepreneurs in the growth of their startup businesses. Together, these initiatives strive to provide a comprehensive ecosystem of support to empower and facilitate the success of women in entrepreneurship.

Additionally, consider exploring Mentor Walks, a female-focused program. Our founder, Nicola Mills, actively mentors this initiative, further enhancing support for women in their entrepreneurial journey.

4. Business Resources:

For women seeking to run or initiate their businesses, the NSW Council for Women’s Economic Opportunity serves as a pivotal resource hub. This council offers crucial business support resources aimed at enhancing the financial security of women and fostering flexible working opportunities for women and girls. By providing advice to the NSW Government, the council actively contributes to initiatives that promote economic empowerment, creating an environment conducive to the success and sustainability of women-led businesses.

 

The Role of Women in Business Networks (WIBN):

According to Jodie Harrison, Minister for Women, the NSW government’s commitment to empowering female business owners is demonstrated by the financing for the WIBN initiative.

“It will help women successfully access, navigate, and leverage formal networks for the purposes of business growth or provide them with access to finance, leading to increased turnover, profit or employment,” she said in a formal statement. 

The Women in Business Networks (WIBN) grant serves as the overarching framework that unites these three programs, emphasising the importance of collaboration and a holistic approach to supporting women in business. WIBN aims to create a network where women can share their experiences, access mentorship and leverage resources to overcome barriers in entrepreneurship.

The $500,000 investment by the NSW government reflects a commitment to fostering inclusive economic growth and recognising the valuable contributions of women entrepreneurs. WIBN provides a platform for these women to connect, learn from one another, and access the necessary tools to navigate the complexities of business ownership.

 

To Sum Up

In essence, the $500,000 investment by the NSW government across the three WIBN grant programs—Work of Art, Empowering Women in Farming Businesses, and Yinaar Ngaambi-li—represents a crucial step towards empowering and supporting women in their entrepreneurial journey. By addressing the unique challenges faced by women in the creative, agricultural, and Indigenous entrepreneurship sectors, these programs aim to create a more inclusive and diverse business landscape.

The significance of these initiatives goes beyond mere financial support; they symbolise a commitment to breaking down barriers, fostering equal opportunities, and creating a conducive environment for women to thrive in business. As these programs unfold, it is anticipated that the ripple effects will be felt not only by the individual women entrepreneurs but also by the communities and industries they contribute to, fostering a more equitable and vibrant business ecosystem in New South Wales.

If you’re a female business owner located outside of NSW, reach out to our team to explore government support options available in your region. We’re here to provide information and assistance tailored to your specific location and business needs.

Securing the time and resources to apply for financial assistance may pose challenges, but with FundFindrs, assistance is within reach! Allow us to articulate the narrative of your unique business, accentuate your team’s accomplishments, and provide you with compelling content that gives you a reason to boast. You rightfully deserve recognition, so what’s holding you back? Schedule a free appointment with us today, and let’s navigate the path to financial assistance together.