The Venture Capital Limited Partnership (VCLP) program aims to stimulate Australia's venture capital sector by:
- helping fund managers attract pooled capital so they can raise new venture capital funds of over $10 million to invest in innovative Australian businesses
- offering tax benefits to fund managers and eligible foreign investors
- connecting investors with innovative Australian businesses
- helping Australian businesses grow by receiving financial support.
If registered, a Venture Capital Limited Partnership (VCLP) can then make venture capital investments in companies or unit trusts with total assets of not more than $250 million.
Please consult the Contact Officer for more information regarding this licence.