Among the growing number of initiatives focused on supporting female entrepreneurs, is the latest one by the New South Wales Government – which has allocated $500,000 to the Social Enterprise Council of NSW and ACT (SECNA) for a transformative two-year project. This funding forms part of the Women in Business Networks (WIBN) grant programme. Which was launched in 2023 with a total commitment of $2 million over four years. And, is dedicated to enhancing the capacities of women in small businesses and facilitating their access to crucial networks.
Empowerment through social enterprise
The aim of the 2024 WIBN grant is to nurture the growth of social enterprises across the state of NSW. With SECNA driving efforts to engage and support 500 women entrepreneurs. This inclusive approach targets women from diverse backgrounds, including those with disabilities, and culturally and racially marginalised communities. The Women in Social Enterprise project led by SECNA aims to create robust networks among women social entrepreneurs. And, enable them to exchange insights, access essential resources, and collectively advance their business goals.
Statewide support networks
Key to the success of the project is the establishment of a statewide network of champions. These champions will serve as local focal points, organising face-to-face networking events and ultimately working to link women entrepreneurs to necessary resources and support systems. Additionally, participants will benefit from an online community offering peer support and virtual webinars. This will ensure continuous access to expert advice. Support which can be crucial to overcome the challenges inherent in leading social enterprises.
Minister for Women Jodie Harrison placed an emphasis on the government’s commitment to empower women in business, foster financial independence, and facilitate connections among like-minded professionals. The WIBN grant programme fills a critical void in support for women-led enterprises. Particularly those operated by women facing additional challenges due to disability or marginalisation. Harrison noted that empowering these businesses not only helps them achieve their goals but also inspires others to embark on their entrepreneurial journeys.
Entrepreneurs making an impact
Similarly, Kylie Flament, CEO of SECNA, highlighted the transformative potential of social enterprises, which prioritise societal and environmental impact alongside profitability. She underscored the relational nature of social enterprise, emphasising collaboration as a means to surmount barriers to participation. Flament expressed her enthusiasm for the WIBN grant. And, highlighted its power to connect women to a supportive community, to share knowledge, and to expand their impact across various industries and regions.
Women entrepreneurs in NSW interested in starting or expanding their social enterprises can register for SECNA’s programme through their website. More information about the WIBN grant programme is available on the NSW Government’s grants and funding page.
