VC Support Program

LaunchVic is set to entice new venture capital funds to Victoria through our new VC Support Program that will invest up to $300,000 for individual funds looking to establish themselves in Victoria.

Eligible funds can either be “brand new funds” or those “new to Victoria,” allowing existing fund managers with operations elsewhere to set up local offices in Victoria, provided they are aiming to raise a minimum of $10 million.

This financial support can be allocated for various purposes, including covering establishment costs such as legal fees and company registration, supporting new staff salaries, and to facilitate capital raising.