Working mums are quickly becoming some of the most successful entrepreneurs in Australia, but it can be difficult to get started. Between taking care of the children and trying to pay the bills, it can become overwhelming and seemingly impossible to get on your feet. The majority of entrepreneurs need some sort of financial help in order to get started, and this rings true for mumpreneurs as well.
Fortunately, there are quite a few grants available for both working mothers and working women who have a great business idea. According to Government Business Grants, the role of women has changed significantly in Australia in the past few years. Not only do women make up the majority of the population, but almost “55% of students in the tertiary schools are women. Women have also achieved great stature in different industries, sports, media and government.” For this reason, more and more privately funded and government funded grants are being made available to women and mumprenuers.
Consider some of the grants below:
6 Different Australian Grants for Women Looking to Make an Idea a Reality
According to a Huggies MumInspired report, “70% of Australian women have thought more about pursuing a business idea since becoming a mother.” If you fall into this category, it is important to realise that grants are available to help you get on your feet. If finances are a big part of the reason your business is not yet a reality, consider applying for a grant.
- Huggies MumInspired Grant Program: This grant accepts proposals from mothers who have a product or a small business idea that caters to the relationship between mother and child. All candidates must be 21 years old. The grant awards five mums with $20,000 each.
- ACT Women’s Grants Program: This grant is a government initiative to help “improve the status and lives of women and girls in the ACT.” Last year, a total of $100,000 was available.
- Women In Global Business Program: This is another government initiative of the Australian government to help women get started with international investments and trades. There are a variety of different grants available through this program opening and closing at different times, so check it out to see where you fall.
- Sports Leadership Grants for Women: This organisation offers $5,000 for individuals and $10,000 grants for organisations. This grant is great if you’re a woman interested in sports, whether it be sports communication, marketing and media, management, governance, or officiating. Applications close on 27 April, so it’s not too late!
- Recognising Women Farmers (RFW): This grant is available for women hoping to get involved in the farming industry. There are four different rounds of grants, all of which offer different amounts of compensation for women interested in farming. You can visit the website for more information.
- Audrey Fagan Young Women’s Enrichment Grants: This grant is open to 13 to 18 year olds who have a passion for a particular subject and want to study in school. Payments of up to $2,000 are offered and the application deadline is 25 May.
Whether applications for the grants are opened or closed, it is important to familiarise yourself with the different grants available. The application process can sometimes be time consuming because the organisations want women with solid business proposals, so getting ready early will help increase your chances of being chosen.
Are you a woman or mumpreneur who was helped by a grant? How did your grant application process go and how many grants did you apply for before being chosen as the recipient? Let us know about your business
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