Female-focused investment network Scale Investors is looking to raise $25 million for its first closed-end fund, through which it will look to provide investment in up to 20 early stage women-led businesses.
Showpo’s Jane Lu and OneShift’s Gen George are a part of and love many of those groups, but decided to launch one that was more their style late last year. Going strong since October, Like Minded Bitches Drinking Wine (LMB) is exactly what it says on the lid: a community of current and aspiring female entrepreneurs who celebrate each other’s successes, commiserate over setbacks, and share tips and advice on how to grow – preferably over a glass of wine.
Forming Circles, an organisation launched in Australia in 2011 to support small business, innovation, and charitable projects, has evolved into Forming Circles Global with the opening an angel investment fund that will see $500,000 put into women-led startups and small businesses over three years.
A month after being made redundant from her job as a sales director at a production company, Tania Darvell fell down a set of stairs. Instead of sitting in bed feeling sorry for herself with DVDs, she decided that it was in fact the perfect time to create her own online business.
Though women install 40 percent more apps and spend 87 percent more on apps than men, the current standing of women in the tech industry means that the number of men creating apps is much higher than women. A Sydney hackathon is looking to shift the number of women in the field by pairing ideas with tech skills.
Springboard Enterprises Australia, an organisation looking to help women entrepreneurs become investor-ready, has opened applications for its third annual accelerator program.