Canberra Business Development Fund

Does your business have high growth potential? The CBDF invests in early stage companies that require capital to expand their business operations. Monies invested will assist you to accelerate your expansion strategy by providing working capital for a combination of activities such as (but not limited to):

• expanding sales in current or new markets; or
• increasing production capacity; or
• undertaking further product development.

The CBDF is a joint venture between the ACT Government and Australian Capital Ventures Limited. Companies seeking investment capital to support the growth of their business operations are encouraged to contact the Fund Manager, Australian Capital Ventures Limited, to discuss eligibility and other requirements.

All business proposals to the CBDF must meet the following criteria:

• Canberra - The business must be located in or have a reasonable business connection with the Canberra Region.
• Business - The proposal must be for an existing business that has reported sales or alternatively has developed a proven prototype that is being trialed for commercialisation.
• Development - There must be a sound plan for business expansion and growth.

Companies that meet the eligibility criteria will be assessed against a wide range of evaluation criteria depending on the nature of the proposal such as:

• Product differentiation;
• Market attractiveness;
• Barriers to market entry;
• Management capabilities; and
• Potential exit strategies and return on investment.

You can gain further information on the CBDF by contacting:

Mr Stephen Hardy
Fund Manager
Canberra Business Development Fund
c/- Australian Capital Ventures Ltd
71 Constitution Avenue
Campbell ACT 2612

Phone: 02 6247 4999
Fax: 02 6248 0751
Email: s.hardy@hindmarshgroup.com or m.troni@hindmarshgroup.com