Hugh Victor McKay Fund
Funding Providers
LaunchVic
Location
VICFunding Type
Cash grant G13450
Primary Category
Start-upEligible to
- Individuals
- Businesses
Funding
Amount (max): $200,000Total pool: $2,000,000 (approx)
Round(s)
Ongoing
Purpose
The fund co-invests between $100,000-$200,000 into early-stage AgTech startups.
Overview
With every dollar of funding to be matched by two dollars of private investment, the fund will activate more than $6 million in total capital for founders building the future of on-farm productivity and sustainability.
The objectives of The Hugh Victor McKay Fund are to:
- Increase in early-stage investments (value and number of AgTech deals)
- increased support for AgTech founders to scale, leading to an increased number of scaleups, jobs and export revenues
- Leveraging the Government’s funding at a ratio of at least 2:1.
Limitations
Eligibility
The following Investor applicants are eligible to apply to The Hugh Victor McKay Fund:
- An individual Angel investor
- An Angel Network
- ESVLCP (Early-Stage Venture Capital Limited Partnerships)
- Managed Investment Scheme
- A Family Office
- A university venture fund
- Interstate and international Individual Angels Investors, Angel Networks, Family Offices, or EarlyStage VC Funds are permitted to apply.
The following applicants are ineligible to apply:
- Applications from Startups seeking investment.
- Applications from investors into small or medium enterprises (as opposed to startups)
- Applications from investors into later-stage startups or scaleups
- Applications from related parties
- Applications from funds utilising only public funding. The Hugh Victor McKay Fund may co-invest in rounds that include funding from public funds but the application must be made by a private sector investor and the Hugh Victor McKay Fund will only leverage investment provided by private investors.
Applications / Guidelines

Contact Details
- Email: investments@launchvic.org
We take pride in ensuring our data is up to date and accurate, but you should not rely on our data alone. Please double-check important information on the funder's website before applying.