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Venture Capital

Venture Capital Entrepreneur Stream is for people who have sourced venture capital to fund the start up or product commercialisation of a high value business idea.

ELIGIBILITY CRITERIA OBLIGATIONS AFTER ENTERING IN AUSTRALIA

ELIGIBILITY CRITERIA

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Less than 55 years of age
Must have at least $1 million in funding from an Australian Venture Capital Firm
The venture must be a member of the Australian Private Equity and Venture Capital Association Limited (AVCAL)
Must have formal agreement with the venture capital firm for the funding

OBLIGATIONS AFTER ENTERING IN AUSTRALIA

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Must be genuinely involved in maintaining an ownership interest and engagement in business
Meet the requirements of your venture capital agreement

States / Territories

AU-WA

Fees: $750

Processing Time: Relatively quick

Preferred Industries:

Commit a significant amount of new capital investment;
Generate skilled employment or a large number of new jobs;
Develop export markets or replace imports;
Introduce new skills, expertise, technologies or innovations;
Locate the business activity in a regional area; and
Have a significant flow on effect to other sectors of the economy

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing
business or franchise

AU-NT

Fees: No Fees

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

AU-SA

Fees: $500-$750

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries: On-selling imports (obtaining goods from other states to sell in SA)

AU-QLD

Fees: $550-$750

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

AU-NSW

Fees: $820-$1270 + GST

Processing Time: 1-4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Small scale property development
Small scale freight forwarding and warehousing
Commodity and scrap metal export
Passive investment

AU-ACT

Fees: $600-$1100

Processing Time: 4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing
business or franchise

AU-VIC

Fees: No Fees

Processing Time: 4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Small scale property development
Small scale freight forwarding and warehousing
Commodity and scrap metal export
Passive investment

AU-TCA

Fees: No Fees

Processing Time: Relatively quick, but must meet with Migration Tasmania first

Preferred Industries:

Aquacultural
Agricultural
Minerals and Mining Industry
Forestry and Timber
Antarctic and Marine Science
Information and Communications Technology
Creative Industry

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

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