After I submit my application, what is the review process?

We read every application that is submitted and will follow up with you if there is a fit (please see the Application section for criteria). When meeting with you, we will ask detailed questions about you, your market and your technology. Companies that are finalists are reviewed by the investment committee for a final decision.

If I don’t live in Australia, can I still apply?

If you don’t live here yet, upon selection, you will need to move to Australia.

What if I don’t have a product prototype to show you?

Seeing a prototype of your product is important to us. Given the availability of open source software, and online resources, putting together a prototype should be within reach of anyone, requiring only minimal resources.

What can I expect after receiving funding?

After receiving funding, you will join a community of smart start-ups in Australia. We will meet with you regularly, provide guidance from entrepreneurs, keep you on track and help you plan properly. We will also connect you with resources that help you run your company as smartly as possible. When ready, we’ll help you with a business plan and move you towards your next stage of company development.

What are you looking for in a team?

Simply put, we like to fund smart, technically savvy entrepreneurs, with at least one team member as the technology lead.

What wouldn’t you fund?

We are focused on sustainable technology companies and developments, where the amount of funding we provide can make a meaningful difference in advancing the company. There are certain types of technology projects that require a higher level of resources to develop. Elev8 Venture Capital Fund will not invest in these types of companies.

Do you provide additional financing after the initial amount?

Elev8 Venture Capital Fund provides seed funding. We currently don’t provide the next round of financing BUT if your team is motivated and talented with a great product, we will help in every way we can for you to secure next round of financing through our network of investors and partners.

Will Elev8 Venture Capital Fund sign an NDA?

We treat all of the ideas and plans we receive with utmost confidentiality. We won’t sign an NDA given the number of submissions we receive. We will however undertake that any information that is imparted to us in this process is of intellectual property and we treat this information with utmost professional approach.