February 29, 2024

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Empowering Women Entrepreneurs in Queensland

Image Credits: Queensland Government Website, Press Release

In a significant boost to Queensland’s innovation ecosystem, nearly AU$1 million in support has been granted to acknowledge the contributions of female founders. The Accelerating Female Founders Program, in its first round, has selected 11 recipients, including two universities, for funding and support.

This pilot initiative aims to provide financial assistance and promote initiatives that cultivate a diverse group of innovative female founders in Queensland. The programme’s comprehensive approach ensures ongoing assistance throughout their business and innovation endeavours, while also encouraging their involvement in crucial industries and cutting-edge technologies.

With the participation of 11 organisations, a wide array of practical business development and technical skills programmes are set to benefit nearly 500 female founders and innovation-driven enterprise leaders. This inclusive opportunity is open to female founders from all corners of Queensland, regardless of their stage in the entrepreneurial journey, providing access to programmes aimed at nurturing, developing, expanding, and growing their businesses. Notably, five of the 11 chosen applicants hail from regional areas such as Rockhampton, Cairns, Toowoomba, and the Sunshine Coast.

The Accelerating Female Founders Program forms a vital part of Advance Queensland’s Backing Female Founders Program, which was initially introduced in 2019. The dedicated female founders programmes offered by Advance Queensland have been instrumental in supporting over 1,500 women in kickstarting and enhancing their businesses and business skills. These initiatives continue to empower and uplift women entrepreneurs across the state.

According to Queensland’s Innovation Minister, the Queensland Government demonstrates its support for female founders by allocating funding. In the Women’s Investment Summit held in 2022, they announced a three-year commitment of $3 million to aid female founders.

Additionally, the Premier announced an extra AU$5 million as part of this year’s budget. The programme aligns with their dedication to fostering increased participation of women in Queensland’s innovation economy. It aims to assist women who are already on their entrepreneurial journey to progress to the next stage of business success. Female entrepreneurs are recognised as the rapidly growing category of entrepreneurship globally, contributing to the creation of quality jobs and driving economic prosperity.

The Queensland Chief Entrepreneur emphasised the significance of the program in engaging female founders throughout the state, enabling them to enhance their confidence and capabilities to effectively seize business opportunities.

Female founders will gain access to valuable support and expertise addressing various barriers they currently face in their businesses. This includes mentoring, investor connections, and strategic guidance to develop a solid roadmap for their ventures.

With the understanding that only 22 percent of founders in Queensland are female, there is a clear objective to boost this number, ensuring more women can partake in the economic benefits and opportunities presented by successful and sustainable businesses across the entirety of Queensland.

The founder and CEO of ARM Hub expressed enthusiasm about the positive impact the Queensland Government’s Accelerating Female Founders Program will have on advancing women in business. Through their Female Founder Business and Technology Roadmap Development Program, ARM Hub aims to support female founders by connecting them with world-class experts.

This programme will assist business owners in devising strategies to address product and technology gaps, ultimately preparing them for investment opportunities. Notably, ARM Hub is recognised as Australia’s leading choice for sovereign manufacturing and plays a pivotal role in spearheading the digital transformation of the country’s manufacturing sector.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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