Up to $150,000 is available from QUT CEA Startup Fund for entrepreneurs in the creative industries to develop and launch their ideas through its commercial arm Creative Enterprise Australia (CEA).
QUT Creative Enterprise Australia (CEA) Startup Fund
The QUT CEA Startup Fund is the first dedicated investment fund in Australia that specialises in accelerating the growth of companies in the creative industries and was established by QUT Creative Enterprise Australia. $1.2M is available for commercial investment through the Fund, with a mandate to generate a commercial return while helping creative businesses access much-needed capital for growth.
Background
QUT CEA (Creative Enterprise Australia) helps start, grow, scale and connect creative companies. Providing essential business skills and mentoring focused on company growth and investment, CEA accelerates companies with a focus on design, fashion, entertainment, photography, music, film and television, digital technology, games and interactive content.
Since 2008, over 4,000 entrepreneurs have engaged in Creative Enterprise Australia services. We have supported over 500 creative companies on site, created over 50 startups and established Australia’s first creative Startup Fund. CEA offers access to workspace, business mentoring, special events, networks, research expertise and capital to foster the growth of the creative industries in Australia.
Funding
The QUT CEA Startup Fund invest between A$25,000 and A$150,000 in startup businesses with high-growth potential in the creative industries in Australia.
Eligibility
CEA accelerates companies with a focus on design, fashion, entertainment, photography, music, film and television, digital technology, games and interactive content.
The Creative Enterprise Australia Startup Fund is specifically focused on high-growth, scalable businesses that are tackling global markets within the creative industries. Many of the companies they have considered for investment could be viewed as “tech startups” by other investors, and they are very open to co-investing with mainstream early-stage investors including angels and Venture Capital funds.
Timing
Applications open on an ongoing basis.
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