This report provides key statistics on Australian venture capital funds and investments registered under the Venture Capital Act 2002. It is an important resource for program and policy representatives, venture capitalists, the academic community and those seeking to enhance their understanding of venture capital.
Venture capital is a mechanism for financing new and innovative companies. When early-stage companies have access to capital and to people skilled and experienced in the commercialisation process the chances of success are greatly enhanced. The government’s venture capital programs aim to assist. Early Stage Venture Capital Limited Partnerships (ESVCLPs) and Venture Capital Limited Partnerships (VCLPs) work with private venture capital fund managers to provide capital and professional knowledge to innovative companies.