For over five years we have provided investment and support for high growth, innovative businesses, with highly experienced team members tallying 20+ exits over a longer period.
As a joint venture between the national Angel Loop network of angel groups and the Gold Coast Innovation Hub (GCHUB), we have privileged dealflow of companies that we know well – able to support them to scale up and become thriving businesses.
As part of “ramping things up” and supporting more of these scaleup businesses to market, we have formed and invite you to learn about ‘42 Ventures Fund 1’.
Our venture fund is registered as an Early Stage Venture Capital Limited Partnership (ESVCLP)* – a program jointly administered by the ATO (Australian Tax Office) and the Commonwealth Department of Industry, Science, Energy and Resources.
“Benefits [of ESVCLPs] include tax exemptions on an investor’s share of a fund’s income and tax gains.”
– business.gov.au website – further detail linked here
We are currently collecting Expressions of Interest before formally inviting eligible investors to subscribe and submit their investment.
To receive basic overview materials of the Fund, please submit your details in the form below and we will be in touch with you to discuss further.