With its roots in Australia, in 2018, THE Seed Scheme set out to enable the development of 700 rurally based, women-led enterprises nationwide, injecting $17.5 million back into the rural economy and returning enormous social value to the participating Members, Partners and their communities.
With 100 women given access to date, in our first 6 months, 50% of our Member PODS reported an increase of $15,000+ to their revenue and 10% of our Member PODS reported a doubling of revenue.
We expect that the women who actively participate in THE Seed Scheme Program and do the work on their business, that the average first year annual revenue will be $35,000 with revenue ranging from $15,000 – $55,000. Our goal will be for 60% of active Members to achieve average or above average turnover goals with profitability as a core focus. With a scaffolded support, education and peer mentoring, we expect that a high percentage of our Members will go on to become small businesses and a smaller percentage will become medium business which will see the economic and social impact of THE Seed Scheme expand exponentially in years and decades to come.