Department of State Development

Activate Angels: Angel Group support

Call for Proposals are now open for Stream 3: Activate Angels: Angel Group support.

Angel investors play a critical role in supporting entrepreneurs and early-stage businesses to commercialise innovative products and services.   

Active and well-coordinated angel groups contribute to startup ecosystems by providing:

  • Investment from members
  • Strategic and operational expertise into investee companies
  • Access to trusted networks and target markets.

The Activate Angels initiative will provide operational support to establish a strong and highly active local angel group that will raise awareness of angel investing, facilitate education and improve the investor-readiness of startups. A competitive application would commit to delivering the following:  

  1. Develop and nurture a community of investors  

  2. Develop the knowledge of, and skills in, early-stage investing

  3. Develop relationships with interstate & International investors   

  4. Identify and curate a pipeline of investible companies

  5.  Provide a referral service of investees to specialists  

Eligibility Criteria

Please refer to Section 3 of the RCSF Guidelines including any additional Eligibility Criteria for Stream 3 – Entrepreneurship and Innovation Ecosystem Initiatives.

Funding

A total funding pool of up to $450,000 over three years has been allocated to Activate Angels in this call for proposals. Funding will be provided on a matching 1:1 basis (there will be a preference for cash over in-kind support).

Closing date

Proposals close midday (12pm) Friday 20 December 2019.

Next steps

Read the Activate Angels: Angels Group Support Application Guidelines and the RCSF guidelines to determine your eligibility.

Activate Angels: Angels Group Support Application Guidelines
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Research, Commercialisation and Startup Fund - Guidelines
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