Breakthrough Victoria Fund
Open continuously
No deadline — apply whenever you are ready.
A A$2 billion, ten-year investment fund making equity and equity-like investments into Victorian research translation and scale-up companies. Cheque sizes typically range from a few hundred thousand dollars for early-stage translation to tens of millions for scale-ups. Not a grant.
Breakthrough Victoria Pty Ltd (Victorian Government)
public · regional
Deadline: rolling — Rolling. Investment enquiries are submitted through the Breakthrough Victoria website and assessed on a commercial basis.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Sectors: health, deeptech, climate, agri, ai, manufacturing
- Stage: pre_seed, seed, series_a, growth
- Locally registered entity required
Companies with a substantive Victorian presence or willing to establish one, in the fund's priority sectors: health and life sciences, agri-food, clean economy, digital technologies and advanced manufacturing.
How to apply
- Submit an investment enquiry through the Breakthrough Victoria website.
- Initial screening call and assessment of the Victorian nexus.
- Due diligence including technical, commercial and financial review.
- Investment committee approval.
- Documentation and funding, usually alongside co-investors.
What you will need
- Pitch deck and business plan
- Financial model
- Cap table
- IP position summary
- Details of co-investors and round structure
Source. https://breakthroughvictoria.com/ — checked 2026-08-14 · not human-checked
"Breakthrough Victoria invests in Victorian innovation to create jobs and grow the state's economy."