State Government co-investment funds invest in your business, matching a percentage of the investment from other sources of funding.
A current example of an investment fund is the South Australian Venture Capital Fund (SAVCF)
. To help build South Australian companies to a national and global scale, the South Australian Government has established the $50 million SAVCF that will invest in dynamic and innovative early-stage companies to accelerate their growth to a national and global scale.
The SAVCF has been structured as a co-investment fund, requiring each initial investment into an eligible company to be matched with at least 50% investment from other venture capital funds, high net-worth’s or other sophisticated investors.
The fund is currently active and enquiries can be made to SAVCF@sa.gov.au
SOUTH AUSTRALIAN VENTURE CAPITAL FUND