While VCTF is a not-for-profit organisation, the requirement to reinvest returns from the fund means that investments with a clear commercial return and exit strategy will be preferred. Generally VCTF will seek to co-invest with other sources of funding in order to leverage its investment. Although flexible, typically initial funding from VCTF is less than $1m, however there is potential for follow-on investment for promising enterprises.
The Board of Victorian Clean Technology Fund acts as the fund’s investment committee. The Directors have significant experience in both energy and early stage commercialisation.