AlphaMaven AlphaMaven

Victoria throws $10m lifeline to female founders fund

Reported by Innovationaus
Oct 22, 2026· 1 min read
Save Post LinkedIn Email
Key Takeaways
  • • The Victorian state government will inject an additional $10 million into the Alice Anderson Fund, which supports female founders and women-led companies, according to InnovationAus.com.
  • • The top-up extends a fund that was running low on money and that founders had feared would be scrapped after LaunchVic and Breakthrough Victoria merged earlier in 2026.
  • • The announcement was made ahead of the state election, with the funding announced on Thursday, 22 October 2026.
Summary
The Victorian government has committed another $10 million to the Alice Anderson Fund, a state-backed initiative that invests in female founders and women-led companies, according to InnovationAus.com. The top-up was announced on Thursday, 22 October 2026, ahead of the state election.

The fund had been running low on money before the announcement. Founders had feared it would be scrapped when LaunchVic and Breakthrough Victoria merged earlier in 2026. The new funding extends the fund's life and provides continuity for the women-led companies it supports.

The fund is named after Alice Anderson, a pioneering entrepreneur. The original article provides limited further detail on the fund's investment size, portfolio, or operating structure, and readers seeking those specifics should consult the full InnovationAus.com report.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Innovationaus Victoria throws $10m lifeline to female founders fund