The South Australian government has launched its $14 million Small Business Strategy 2023-2030 with $4 million allocated specifically for a Women in Business program.
This key initiative aims to support women business owners, whether they’re in the formative stages of starting a business or looking to grow an established business.
Only 0.7% of funding secured by startups currently goes to women-founded companies in South Australia.
Minister for Small and Family Business Andrea Michaels MP said she understands there are specific hurdles women face when starting and growing a business.
“It’s what I know from personal experience, but it’s also what women business owners right across South Australia have told me — more than 40% of female respondents in our recent engagement have experienced barriers such as gender bias, difficulty accessing capital and not being taken seriously,” said Michaels, referencing the Malinauskas Labor Government’s small business survey.
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