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South Australia Venture Capital Fund

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 SA Venture Capital Fund will:

  • Enable innovative South Australian ventures to secure funding and accelerate growth into national and global markets, stimulating economic activity and job creation.

  • Strengthen the competitiveness of local early-stage entrepreneurs and companies to attract private sources of co-investment from national and international investors.

  • Earn a commercial rate of return for investors, including the South Australian Government, and commensurate with industry standards for early-stage venture capital funds.


The SAVCF will consider initial investment in high growth and export potential companies that have at least demonstrated a market for their product or service and have either commenced generating revenue or can demonstrate customer validation and evidence a route to revenue generation.

Life science and biotech companies are exempt. In such cases, the SAVCF may consider initial investment once a company has demonstrated Phase 1 clinical trial results, or the equivalent stage for a medical device.

The SAVCF will not have any restrictions in terms of sectors or industries that eligible companies may participate in but requires the company to have 50% of its assets and 50% of its staff located in South Australia during a period that ends 12 months from the initial investment date.

The SAVCF will not invest in companies whose predominant activity is:

  • Property development or land ownership

  • Finance (other than finance technologies)

  • Insurance (other than insurance technologies)

  • Construction (other than construction technologies)

  • Making investments directed at deriving passive income.

The SAVCF will not invest in companies with assets more than $250M or that is a publicly listed company unless that company will be delisted within 12 months of the investment being made.

Space, Defence, Agribusiness, Hi-Tech, Digital, Creative Industries, Health & Wellbeing, Energy

Get in touch

Lot 14, North Terrace, Adelaide SA 5000
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