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    Coat of ArmsMedia Release
    Minister for Innovation and Tourism Industry Development and Minister for the Commonwealth Games
    The Honourable Kate Jones

    Government invests in female founders on Women’s Day

    Minister for Innovation and Tourism Industry Development and Minister for the Commonwealth Games
    The Honourable Kate Jones

    Thursday, March 08, 2018

    Government invests in female founders on Women’s Day

    Innovation Minister Kate Jones today announced the Palaszczuk Government would invest $3 million to support Queensland’s female entrepreneurs and promote gender equity among startups.

    Ms Jones said the Advance Queensland Female Founders Program would extend the successful Women’s Academic Fund for female researchers to include funding to support women behind startup ventures.

    “There are many women around Queensland leading the way with smart businesses that have global potential but we still have a long way to go when it comes to gender equality,” she said.

    “The 2017 StartupAUS Crossroads report revealed only four per cent of startups have an all-female founding team and as few as 15 per cent have at least one female founder.

    “The Palaszczuk Government is devoted to giving all Queenslanders a fair go – that’s why we’re giving a leg-up to women in the startup space.”

    Ms Jones hosted public consultation on the Female Founders program at an International Women’s Day event today meeting 30 female founders from across Queensland’s startup ecosystem.

    “Our Startup Catalyst Female Founders Mission to London afforded four Queenslanders from regional areas the chance to travel to the UK to immerse themselves in the global marketplace,” she said.

    “We also backed initiatives like Global Startup Weekend Women’s events in which women in Brisbane and Longreach joined with counterparts in more than 30 cities around the world to tackle the challenge of building a startup in just 54 hours.

    “Advance Queensland is all about diversifying our economy and startups play a huge role in this space – by 2033 they could support more than half a million Australian jobs.”

    Ms Jones said today’s International Women’s Day event was an important milestone for the Female Founders program.

    “Today’s event gives me the opportunity to hear first-hand from some of Queensland’s leading female entrepreneurs about the challenges they face and how the Female Founders Program can help them overcome those barriers,” she said.

    Participants in today’s consultation included funding recipients from Advance Queensland programs like Ignite Ideas and HotDesQ and participants in the Female Founders Mission to London.

    Advance Queensland is the Palaszczuk Government’s $513 million initiative to transform the state’s economy and build Queensland’s reputation as a global innovation and investment destination.

    For more information on the Female Founders please visit the Advance Queensland website advance.qld.gov.au

    To provide feedback, email to femalefounders@ditid.qld.gov.au


    Media contact: Jack Harbour 0419 620 447