Epicorp Seed Fund 3
- Epicorp Seed Fund (ESF) 3 manages a significant pool of funds. The objective of the ESF 3 is to deliver high returns at reduced risk to early-stage investors in selected IT&C businesses.
- ESF 3 invests in businesses that are selected to participate in the Epicorp Incubator Program which assists them to meet defined commercial outcomes.
- ESF 3 leverages ICTIP funding with private investment, offering incubator businesses potentially significant equity finance.
- Epicorp assists incubatee businesses to source other investment from angels, industry partners and venture capitalists as part of their path to commercialisation.
- Businesses that are accepted into the Epicorp Incubator Program are eligible to apply for ESF 3 funding. This funding is provided on an equity basis on negotiated terms.