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New equity funding options for emerging and innovative businesses - 4 August 2015

The Federal Government and the Queensland Government have both earmarked funds in their recent budgets to encourage investment in startups and innovative businesses.

The Federal Government has committed $7.8 million in the Budget to remove obstacles for crowd sourced equity funding in Australia.  At a more local level, the Queensland State Government will implement a $40 million Business Development Fund for emerging and innovative Queensland businesses to provide startup capital on a matching basis with private sector co-investors.  

Partner Michelle Eastwell discusses these new equity funding options and how emerging and innovative business may benefit from them on BRR Media

For more information or discussion, please contact HopgoodGanim Lawyers' Corporate Advisory & Governance team. 

HopgoodGanim Lawyers is a legal firm of trusted experts. Founded 40 years ago, the HopgoodGanim of today remains fiercely independent and proud of our sustained growth and ongoing success. We deliver exceptional commercially-focused legal advice to clients throughout Australia and internationally and in addition to our corporate and commercial teams, we also house one of Australia’s most highly regarded family law practices.