The Venture Capital Development Fund (VCDF) is a Queensland Government program managed by QIC, which seeks to accelerate, develop and enhance the venture capital industry in Queensland by:
The VCDF comprises three core elements:
- Matched Funding – Queensland Government's cornerstone funding to support matched funding into appointed venture capital funds.
- Accelerator Funding – funding to suitable accelerator programs to run at least 4 programs to increase deal flow for Queensland investors
- Development Program – the appointed venture capital funds and accelerators will participate in the VCDF Development Program to accelerate, develop and enhance the venture capital industry in Queensland
Please address all enquiries about the VCDF to VCDF@qic.com.
