Carla Zampatti has been recognised in the NSW budget with a $10 million venture capital fund supporting start-ups led by women.
The late designer's fund was part of $30.6 million in support for women in small business and entrepreneurship.
This included $15 million to provide tailored support to help women build and grow their businesses and $3.7 million to monitor the proportion of women-led businesses in government procurement.
The Carla Zampatti Venture Capital Fund includes $10 million for the Fund and $2 million for establishment and operation.
The fund has been named with the blessing of the family of the designer who passed away suddenly in April 2021.
Premier Dominic Perrottet said the 2022-23 NSW budget supports women to enter, re-enter and stay in the workforce, recognising the economic and societal benefits of investing in women.
“The NSW Government is committed to ensuring NSW is the best place in the country for women to live, work and raise a family, and to achieve that, we have developed the most comprehensive package of initiatives to support women in the State’s history,” Perrottet said.
Minister for Women Bronnie Taylor said the measures, which included investment in childcare and financial aid for women, was a win for gender equality.
“I am proud to be part of a government that is delivering a landmark package that will support women right across NSW. Women have spoken and the Government has listened,” Taylor said.
“This package will create a more even gender mix across industries, increase workplace flexibility, support women to return to work and entrepreneurs to grow their own businesses."