Victorian Support Program - Funding for New Victorian Venture Capital Funds
Funding Providers
LaunchVic
Location
VICFunding Type
Cash grant G16594
Primary Category
Business and industryEligible to
- Individuals
Funding
Amount (max): $300,000Total pool: Undisclosed
Round(s)
- Opened 29-Jan-2025 Closes 31-Mar-2025
Purpose
Funding to support new venture capital funds to establish in Victoria.
Overview
- Applicants seeking up to $300,000 (exclusive of GST) over 2 years are eligible; and
- Applications must be submitted via the LaunchVic online application system and will be accepted on a rolling basis until all funding has been allocated.
Applicants must be seeking funding to either:
- support the establishment of a Brand New VC Fund in the State of Victoria by registering a company in the State of Victoria through ASIC; or
- enable a New to Victoria VC Fund currently registered with ASIC outside of the State of Victoria to establish its first official branch/office in the State.
Limitations
Applicants must satisfy the following eligibility criteria:
- The Lead Partner(s) for the New VC Fund must have demonstrable and significant experience in venture investments into pre-seed, seed and early-stage startups evidenced by at least one of the following:
- Having held a senior position at an existing VC fund for at least three years, contributing to investment decisions;
- Managing an angel network, including participation in management / investment committees meetings; or
- Managing a personal or family office startup investment portfolio of at least 10 startup investments over three years.
Applications / Guidelines
Application methods:
Online

Contact Details
- Email: grants@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.