Among the growing number of initiatives supporting female entrepreneurs is a new project 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 initiative. This funding is part of the Women in Business Networks (WIBN) grant programme, launched in 2023 with a total commitment of $2 million over four years. The programme 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 NSW, with SECNA leading efforts to engage and support 500 women entrepreneurs. This inclusive approach targets women from diverse backgrounds, including those with disabilities and from culturally and racially marginalised communities. The Women in Social Enterprise project, led by SECNA, seeks to create robust networks among women social entrepreneurs, enabling them to exchange insights, access essential resources, and collectively advance their business goals.

Statewide Support Networks

A key aspect of the project’s success is the establishment of a statewide network of champions who will serve as local focal points, organising face-to-face networking events and linking women entrepreneurs to necessary resources and support systems. Additionally, participants will benefit from an online community offering peer support and virtual webinars, ensuring continuous access to expert advice and support crucial for overcoming the challenges inherent in leading social enterprises.

Minister for Women Jodie Harrison emphasised the government’s commitment to empowering women in business, fostering financial independence, and facilitating connections among like-minded professionals. She noted that 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. Empowering these businesses not only helps them achieve their goals but also inspires others to embark on their entrepreneurial journeys.

Entrepreneurs Making an Impact

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 overcome barriers to participation. Flament expressed her enthusiasm for the WIBN grant, noting its power to connect women to a supportive community, share knowledge, and expand their impact across various industries and regions.

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