IBA Media Release: Boost for economic empowerment of First Nations women

IBA Media Release: Boost for economic empowerment of First Nations women

Posted 16 January 2023
  • New grant to support female-led Social Enterprises to deliver economic empowerment for Aboriginal and Torres Strait Islander women, girls and sistergirls
  • $2.7 million in grant funding available in 2023
  • Applications open 16 January – 30 August 2023 (unless funds are exhausted earlier).

Indigenous Business Australia (IBA) today announced that applications are open for an exciting opportunity for Aboriginal and Torres Strait Islander women, girls and sistergirls. Interested female-led Social Enterprises can apply for a partnership under the ‘Social Enterprise Grant’ that will support First Nations female entrepreneurs to innovate and create economic security in their communities.

With support from the Department of the Prime Minister and Cabinet, IBA will deliver $2.7 million of grant funding in 2023 through partnerships with Australian Social Enterprises who are, or work with First Nations women in business. The goal is to support the economic empowerment of Aboriginal or Torres Strait Islander women, girls and sistergirls.

Opportunities for the grant include business focused programs, building networks, employment readiness or workplace coaching to increase economic empowerment. The grant can also be accessed to support economic security focused initiatives such as financial wellbeing and planning, and selfcare initiatives that support First Nations women to continue to be financially secure while managing family and community obligations.

The grant may be used for establishing innovative platforms and systems that support the delivery of programs or connecting networks, and for the upskilling and training of First Nations staff in partnering enterprises.

Stella de Cos, Southern Arrernte woman and IBA Director of Community and Customer Experience, says the grant program will drive positive change for our women around the country.

“This partnership brings an amazing opportunity for First Nations female entrepreneurs and female-led community organisations to continue to innovate and solve economic issues facing First Nations women and their communities.

“Women are the strongest pillars of many of our First Nations communities. Empowering them builds opportunities to continue the positive impact and change they drive.

“I encourage our First Nations women in business who feel this grant could make a difference to their communities, and improve the economic security of First Nations women, to go to the IBA website and find out more.”

The grants are an initiative of the Early-Stage Social Enterprise Foundation announced in the Women’s Economic Security Package of the 2021-22 Federal Budget.

Applications for the grant open 16 January 2023 and will close 30 August 2023, unless funds are exhausted earlier.

More information and online grant applications at www.iba.gov.au/socialenterprisegrant.

Media contact: Tara Toohill, 0427 011 938 or tara.toohill@iba.gov.au