Victoria Government Boosts Women-Led Startup Investment Fund
What happened
The Labor government and Innovation Victoria increased the size of Victoria’s Alice Anderson Fund by $10 million. This fund, which supports startups founded and led by women, continues its sidecar model by backing private investor deals. Since its inception, the fund has deployed over $9 million across 46 Victorian companies, attracting significant co-investment from private investors and venture capital firms.
From smartcompany.com.au
Why it matters
The expansion of the Alice Anderson Fund provides a co-investment partner for private investors backing Victorian women-led companies. This mechanism helps founders reduce time spent fundraising and increases the weight of their investment rounds, supporting business growth and commercialization.
From smartcompany.com.au
Who's involved
- RMIT UniversityA public university involved in research collaborations supported by the fund.
- Alec CameronVice-chancellor of RMIT University.
- Mark GregoryAssociate Professor at RMIT University.
- Lukas SchusterResearcher and study author employed at RMIT University.
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The entities involved
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RMIT University
public Australian university based in Melbourne
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