Alice Anderson Fund

The Alice Anderson Fund operates as a dedicated sidecar fund, providing financial backing to early-stage, women-led startups based in Victoria, Australia. This initiative deploys capital alongside private investment, structured with founder-friendly terms designed to foster growth and increase the funding pool accessible to female entrepreneurs. Its core mechanism involves co-investment, aiming to amplify the impact of external funding rounds for eligible companies.

Established by LaunchVic, the fund launched with a $10 million commitment, drawing its name and inspiration from Alice Anderson, who courageously opened Australia's first all-woman motor garage in the 1920s without traditional bank financing. This historical context underscores the fund's foundational insight: addressing persistent systemic barriers women face in securing startup capital, a challenge that echoes decades later.

The fund's primary beneficiaries are women-led ventures operating within Victoria, focusing on increasing their access to critical early-stage investment. By actively engaging with these founders, the Alice Anderson Fund seeks to close the historical funding gap, aiming to position Victoria as a leader in capital allocation to women-led enterprises and accelerate the success of a diverse founder ecosystem.