What sort of businesses does the CEA Startup Fund invest in?
Just being “creative” or employing creative people does not make a business an investment candidate for the Startup Fund.
CEA accelerates companies with a focus on design, fashion, entertainment, photography, music, film and television, digital technology, games and interactive content.
The CEA Startup Fund is specifically focused on high-growth, scalable businesses that are tackling global markets within the creative industries. Many of the companies we have considered for investment could be viewed as "tech startups" by other investors, and we are very open to co-investing with mainstream early-stage investors including angels and Venture Capital funds.
Although we’re not limited to investing in “creative-tech” companies, the sweet spot for us is companies that use the internet to give them access to global markets and to scale rapidly in the creative industries.
For more detailed information on our investment criteria, read this article
How much do you invest?
We invest between A$25,000 and A$150,000 in startup businesses with high-growth potential in the creative industries in Australia.
Is the CEA Startup Fund a grant?
No. The fund operates as a commercial investment vehicle and takes an equity stake on an arms length commercial basis. We do not provide grant funding.
What sort of businesses does the CEA Startup Fund not invest in?
The CEA Startup Fund does not invest in:
- Creative artisans whose business is based on selling their individual creative output (eg. painters, sculptors, musicians).
- Businesses based on selling time (consulting services, graphic design agencies etc)
- Traditional fashion labels
This activity, while important, is not "highly-scalable". If you run one of these businesses within the creative industries, please consider some of CEA's other services.
The CEA Startup Fund also does not invest in charitable, not-for-profit or social enterprise organisations, companies seeking funding to pay off bank or personal debt and businesses that are not in the creative industries.
Can CEA help my business even if it does not meet the fund’s investment criteria?
If you're running a creative small business that doesn't fit our investment criteria, we'd still love to work with you - CEA offers business mentoring programs and networking events that might be more suitable to your needs. If in doubt, we're always happy to have a chat so feel free to contact us.
If you operate in the visual or performing arts and are based in Queensland, CEA is one of the consortium partners which manage the Arts Business Investment Fund.
For further details on how to apply for Arts Business Innovation Fund, visit: ABIF site
and Arts Queensland Funding site