The Australian Institute of Company Directors will partner with the Victorian Government to offer 34 scholarships for women on not-for-profit boards to undertake its flagship governance course.
The third round of the Victorian Women’s Governance Scholarship program has been made possible by a grant of more than $187,000 from the Victorian Government, as well as a contribution by Company Directors itself.
The program will provide female directors in the not-for-profit sector with a scholarship to undertake the highly-regarded Company Directors Course, as well as a year’s free membership of Company Directors.
“These scholarships are part of our commitment to supporting directors in the NFP community, who constitute a large part of our membership. The formal training provided to recipients will help maintain the governance standards within the sector, and mean the funding available to it can be directed back to the individuals and communities it aims to assist,” said President of the Victorian Division Council of Company Directors, Bill Scales.
Company Directors’ educational courses have been completed by the directors of many successful Australian organisations, including listed companies, family operations, public sector bodies and not-for-profit organisations.
“More than 70 women have previously won scholarships in this program, boosting their own knowledge and skills to the ultimate benefit of the boards on which they serve. The not-for-profit sector faces particular challenges and the winners will have the opportunity to network with peers in similar positions,” Mr Scales said.
The scholarship program is just one of several board diversity initiatives Company Directors has undertaken over the past four years. For example, it has taken a leadership role in the development of the ASX reporting guidelines on diversity and published a detailed report on female appointments to S&P/ASX200 boards from 2010-2014. It has also established a Board Diversity Scholarship Program that is jointly funded with the Federal Government and launched a Public Sector Mentoring Program for aspiring women in the public sector in the ACT.
Applications for the Victorian Women’s Governance Scholarship program close on Monday 18 August 2014. For further information, visit
The Australian Institute of Company Directors provides education, information and advocacy for company directors Australia wide, with offices in each state to cater for more than 35,000 members. Our members work in diverse corporations such as small-to-medium enterprises, the ASX200 corporations, public sector organisations, not-for-profit companies, large private companies and smaller private family concerns.