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Venture

Victoria doubles funding for women-founded startups with $10 million Alice Anderson Fund boost

Saturday, October 24, 2026 · first reported by Women's Agenda

The Victorian government is adding $10 million to the Alice Anderson Fund, which invests in women-founded startups. The top-up doubles the amount first committed in 2021. Minister for Economic Development Anthony Carbines said it would help turn bold ideas into thriving startups.

The government says the fund has backed 46 companies founded by Victorian women and drawn more than $64 million in co-investment. It provides capital plus networks and support for scaling. Backed companies include Telecare and Smileyscope. Innovation Victoria CEO Rod Bristow said the expansion lets the fund back the next generation of Victorian entrepreneurs.

Also named
Victorian Government
Fund
Alice Anderson Fund
Stage
Raising
Asset class
Venture
Geography
Asia-Pacific

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