THE ALICE ANDERSON FUND
- Tue 21st May
- online event
- Book Ticket
- View Website
- Contact via Email
Submissions are now being accepted.
The Alice Anderson Fund is LaunchVic's $10 million sidecar fund supporting women-led startups.
The fund co-invests between $50,000 and $300,000 in early-stage deals put forward by investors to increase the funding pool available to Victorian women.
The fund investment is structured so that only 85c in the dollar is taken as equity; the rest is provided as a non-dilutive grant to the startup. This gives these women-led startups an extra upside.
HOW TO ACCESS THE FUND
Applications for co-investment are open to local and international investors with promising women-led startups in their pipeline.
Prior to applying, please ensure you have reviewed the application guidelines to fastrack your submission.
Next cut off dates:
- 27th Feb 2024
- 26th March 2024
- 23rd April 2024
- 21st May 2024
KEY BENEFITS
For Founders
- Join Alice’s Modern Day Garage
- Portfolio Support
- Global Connections
- Advice For Navigating Government
For Investors
- Reputable Co-Investor For Any Cap Table
- Portfolio Support
- Favourable Blended Capital
- Passive Investor Approach
- Increased Credibility
Who was Alice Anderson?
Named after the founder of Australia’s first all-woman motor garage in the 1920s. Learn more about how mechanic Alice Anderson drove through gender barriers.
LAUNCHVIC
VICTORIA’S STARTUP AGENCY
Our role is to fuel the growth of Victoria’s startup ecosystem.
We do this by building the confidence and capability of Victorians to create, scale and invest in startups.
We were established by the Victorian Government in 2016.
Through our work, we are driving improvements in the startup investment landscape by developing the angel investor and early-stage venture capital markets in Victoria; supporting programs that build founder, investor, and talent capabilities and confidence; and continuing to drive awareness and advocate for startups.
Operating in a dynamic, fast-paced environment, we have strong links with Victorian startup founders, Venture Capitalists (VCs), angel investors and community partners such as accelerators, co-working spaces and other service providers.