New fund manager to be appointed for SA Venture Capital Fund

The  independent committee that manages the SA Venture Capital Fund has commenced a process to appoint a new venture capital fund manager to oversee investments of the $50 million SA Venture Capital Fund (SAVCF). This independent SAVCF Management Committee is chaired by respected businessman Raymond Spencer.  In July 2017, the former Labor government entered into an agreement with BlueSky Venture Capital (BSVC)…

State Government welcomes latest BankSA State Monitor as more businesses create jobs and expand

The Marshall Liberal Government has welcomed the latest BankSA State Monitor survey, which shows South Australian business confidence remains strong, with more employers creating new jobs in the past three months as others prepare to expand their local workforce. Planned investment has surged, with a record high number of businesses intending to make a major purchase on plant…