Queensland Miles Government launched 'Backing Female Founders' initiative with two grant programs for female entrepreneurs.

Queensland's Miles Government launched two grant programs under its 'Backing Female Founders' initiative: the Accelerating Female Founders Program and the Female Founders Co-Investment Fund. The programs aim to support female entrepreneurs by providing grants for business support and co-investments, helping overcome challenges of raising capital. Female-led businesses are often at a disadvantage due to lower investment levels than male-led startups.