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Australia
AustraliaEarly Stage Venture Capital Limited Partnerships (ESVCLP)
A program that provides fund managers and investors with support to stimulate early stage venture capital investments. Benefits include tax exemptions on an investor's share of a fund's income and gains. Applications are open on an ongoing basis with no fixed deadline.
Who can apply
Fund managers seeking to raise venture capital funds of between $10 million and $200 million. The partnership must be a new partnership, not a restructured existing one. Investments must be in early-stage companies or unit trusts at pre-seed, seed, startup, or early expansion stages and held for a minimum of 12 months.Perks & benefits
- Tax exemption on income and gains from eligible venture capital investments
- Non-refundable carry forward tax offset of up to 10% of eligible contributions
Sources
Links used by the AI to gather information about this grant.
- business.gov.au/grants-and-programs/early-stage-venture-capital-limited-partners… ↗
- treasury.gov.au/national-innovation-and-science-agenda/new-arrangements-for-vent… ↗
- www.bulletpoint.com.au/wp-content/uploads/2018/06/Early-stage-venture-capital-li… ↗
- www.industry.gov.au/ ↗
- pattens.com/grants/esvclp/ ↗
- sprintlaw.com.au/articles/how-can-startups-benefit-from-early-stage-venture-capi… ↗
- business.gov.au/grants-and-programs/early-stage-venture-capital-limited-partners… ↗
- avantgroup.com.au/grants/esvclp/ ↗