Its goal is to increase the proportion of women from different backgrounds who start and run businesses.
Have you thought of a business idea but are unsure of how to make it a reality? Are you trying to make a difference in your community and could use the skills and information to make a bigger impact?
A new scholarship programme has been introduced by iAccelerate, the business accelerator and incubator at the University of Wollongong (UOW), to assist women in realising their entrepreneurial and civic endeavours. The innovative programme is available to all women, but it is especially targeted at those who want to start their own businesses and come from marginalised populations, such as Indigenous, Culturally and Linguistically Diverse, and Refugee women.
Women can enrol in iAccelerate’s Activate programme and learn essential entrepreneurial skills for their businesses and community activities thanks to the LIFT Scholarship Programme for Women. The financing from the Department of Industry, Science, Energy, and Resources’ Women in STEM and Entrepreneurship Round 4 has made these possible.
With more than 50% of its companies having at least one active female founder, the business incubator is continuing its outstanding track record of assisting female entrepreneurs.
Dr. Tamantha Stutchbury, the director of iAccelerate, is overjoyed to see this investment in women’s entrepreneurship in the Illawarra. She said that with the money, iAccelerate will be able to increase the proportion of female founders and step up its support for female entrepreneurs.
“We know there is a multiplier effect of intersectional barriers to participation, development, and leadership of girls and women in STEM education, careers, innovation, and entrepreneurship,” stated Dr. Stutchbury.
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