The Lord Mayor has just announced a total fund of $250k for eligible female-owned businesses.
Find out if that’s you!
It’s no secret that many women are making the move to be full-time business owners but the first three years of entrepreneurship can be difficult. Luckily, female-owned business’ can apply for up to $5,000 worth of funding.
What can I spend the grant money on?
The grant money your business could be awarded could be spent on a range of things including:
- Mentorship
Engaging a mentor to coach you on finance, business or strategy - Branding and Marketing
Logo design, business cards, flyers, brochures and social media material to get your business set up for success - Business Website
Development of a new business website - Ecommerce Websites
Build a website that converts leads into sales, to encourage growth and a loyal customer base. - Training
Relevant to your field and industry, to advance your skills and knowledge to ensure you are advancing your expertise as the owner of a business.
How do I apply?
You’ll need to start by gathering quotes for all the services that you can prove will benefit your business.
Get a quote for branding or web design
Website design and branding is covered under the
Prepare a short and long description of your business
This is your opportunity to showcase the unique offering your business has, and identify your Unique Selling Point (USP) in a short, 150 word explanation. You will then need to expand on your business description with an in-depth overview of 700 words or less. This is a good opportunity to identify your strategic vision, your ideal target market and the steps you’ve made to date, to attract that ideal target market.
Provide an overview of your business goals
Write an overview of your business goals for the next 12 months and what that entails. There is also a second section to this question which asks you to elaborate on how funding will assist you in growing in your business in the 12 months following, if you were successful in your application. Provide statistical figures or project examples to add credibility to your application.
How do I know if I’m eligible for the Women in Business Grant?
Here is everything you must fulfil to be eligible for the grant:
- An ABN that is registered within Queensland
- A business that is located within the Brisbane LGA
- Be an Australian citizen or Australian resident
You will then need to attain a number of documents to prove your eligibility in the Women in Business Grant and these include:
- A proof of residency
- A statement from an accountant that your business is trading solvent
- A certificate that your company is registered through ASIC
- Evidence that your business’ turnover is between $50,000 and $500,000.
- Evidence of business ownership and that the company is owned at least 50% by a female
- All quotes which amount to no more than $5000 where you would spend the grant money on.
Where do I apply for the Women in Business Grant?
To apply, visit the Brisbane Business Hub website where you can get full grant details and view the terms and conditions.
