The Female Founders Co-Investment Fund aims to support eligible innovation driven enterprises (IDEs) founded and led by women to secure new early-stage investment through a capital raise, and will:
The fund is best suited for businesses planning to use the sale of shares through a new capital raise and who understand the responsibilities and legal requirements of equity funding. If you are not yet ready to raise capital, check the Investment Resources below to learn more about the startup capital raising process.
ELIGIBILITY CRITERIA
To be eligible for funding, organisations must:
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- be a business headquartered in Queensland (operating and having its head office located in Queensland)
- have an active ABN and be registered for GST
- be majority female owned: have at least 51% of shares held by a woman/women (at least six months before application)
- female led: have at least one primary executive decision-making position held by a woman (at least six months before application) e.g. Chief Executive Officer, Chief Operating Officer, Chief Technology Officer
- 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 in total
- not have received investment through previous capital raises totalling more than $500,000.
HOW TO APPLY
visit Queensland Government.
