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Ongoingbusiness.gov_au

Funding for innovative South Australian companies with high growth potential

Overview

The South Australian Venture Capital Fund (SAVCF) provides equity investments to high-growth, early-stage South Australian companies and entrepreneurs to accelerate growth to national and global markets and stimulate economic activity and job creation.

The fund offers seed-stage investments (a portion of the fund) and Series A investments managed by Artesian Venture Partners.

Eligibility Criteria

To be eligible, applicants must:

  • be able to demonstrate a market for their product or service
  • have either commenced generating revenue or can demonstrate customer validation and evidence a route to revenue generation
  • hold less than $250 million in assets
  • not be a publicly listed company, unless that company will be delisted within 12 months of the investment being made
  • have 50% of their assets and 50% of their staff located within South Australia during a period that ends 12 months from the initial investment date

The SAVCF will consider initial investment in high growth and export potential companies that have at least demonstrated a market for their product or service and have either commenced generating revenue or can demonstrate customer validation and evidence a route to revenue generation.

Life science and biotech companies are exempt (the SAVCF may consider initial investment once a company has demonstrated Phase 1 clinical trial results, or the equivalent stage for a medical device).

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Quick Info
Funding Amount
Up to $2,500,000
Closing Date
Ongoing - No closing date
Eligible Locations
SA
Eligible Business Types
Company, Individual

Last updated: 12 February 2026