Source: SmartCompany
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The $52.2 million Boosting Female Founders grant program will end millions of dollars under budget, after future rounds were quietly axed in the recent federal budget.
Launched in 2020 under the Morrison government and continued by the Albanese government, Boosting Female Founders (BFF) promised co-contributions of up to $480,000 to help women-led startups expand domestically and overseas.
Despite a series of high-profile delays, errors, and what some applicants saw as poor communication from the Department of Industry, Science, and Resources (DISR), three rounds of BFF grant funding have promised tens of millions in funding to successful startups to date.
Some $35.2
ABOUT THE AUTHORS
Senior Business Journalist
David Adams is a senior business journalist at SmartCompany. He is interested in the challenges and opportunities facing Australian businesses, along with the influences of technology, culture, and a changing climate. Before SmartCompany, David served as a reporter for Business Insider Australia. You can find him on Twitter at @DavidAdams_AU.
Senior Technology Journalist
Tegan Jones is a senior technology journalist at SmartCompany. A multi-award-winning journalist, she has been reporting on technology, telecommunications and gaming for the past 10 years. She regularly appears on mainstream media channels as an expert tech commentator. Her previous roles include editor of Gizmodo Australia and global reviews editor at Finder. She has also served as a reporter and editor across Business Insider, Lifehacker and Kotaku Australia. Tegan was the co-host of one of the top technology podcasts in Australia, Queens of the Drone Age. You can find her on Twitter @Tegan_Writes.
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