Victorian Business Growth Fund (VBGF)
The Victorian Business Growth Fund (VBGF) supports long‑term growth opportunities successful small and medium enterprises (SMEs) that are ready to grow their business but can’t access the funds or find the right partner they need to take the next step.
The Victorian Business Growth Fund is managed by Roc Partners and the Victorian Government will have no involvement in investment decisions.
The Fund will invest in businesses on commercial terms and take either an equity or debt stake in businesses, rather than providing a grant.
Eligible Businesses
The Victorian Business Growth Fund will consider businesses that:
- present a compelling growth opportunity to Victoria, meaning that it is expected to lead to growth in a Victorian business, fund growth of a business expanding into Victoria, lead to meaningful job creation in Victoria or add meaningful capital investment in Victoria;
- have annual revenue of between $5 million and $100 million;
- have no more than $250 million in assets; and
- have positive cash flow, or cash flow is expected to be positive during the investment.
Learn More
To learn more about the Victorian Business Growth Fund click here
Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.
Also, if you want some more information on grants, contact me below
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Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times. Wayne Wanders, A Real CFO wayne@aRealCFO.com.au
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