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ESVCLP registration is available to new venture capital funds structured as a partnership and meeting certain requirements including capital of at least $10m and no more than $100m for investing in Australian businesses with total assets of not more than $50m. An ESVCLP requires an approved investment plan.
Australian businesses looking to fund their growth may be able to access funding from an ESVCLP if their total assets are no more than $50m and their primary activity is not finance or property development.
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