Epicorp Seed Fund 1

Epicorp Seed Fund (ESF) manages a significant pool of funds. The objective of the ESF is to deliver high returns at reduced risk to early-stage investors in selected IT&C businesses.

ESF invests in businesses that are selected to participate in the Epicorp Incubator Program which assists them to meet defined commercial outcomes.

The ESF leverages BITS funding with private investment, offering incubator businesses potentially significant equity finance. The current ESF maximum investment is $450,000.

ESF is seeking investment from professional and institutional investors into the ESF and an Information Memorandum is provided on request.

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 funding. This funding is provided on an equity basis on negotiated terms.

THIS FUND IS CLOSED AS AT JUNE 2005