NOTES
INTRODUCTION
Venture capital and later stage private equity is high risk capital directed towards businesses with prospects of rapid growth and/or high rates of returns. It is an investment not only of money, but also of skills and time. This publication presents information on both financial and non-financial contributions to venture capital and later stage private equity investments.
The Australian Bureau of Statistics (ABS) undertook the first survey of venture capital for the period 1999-2000 and has since undertaken this survey annually with the financial support of the Department of Innovation, Industry, Science and Research (DIISR). Support was also received from the Australian Private Equity and Venture Capital Association Limited (AVCAL) for the 2007-08 survey.
The ABS has conducted all surveys with the advice and assistance of users of these statistics, industry bodies and data providers.
SCOPE & COVERAGE
Data users are advised to exercise caution when interpreting the results and should refer to the definitions and scope of the survey. Refer to paragraphs 4-10 of the Explanatory Notes for more information.
REVISIONS
There have been revisions in some series back to 2005-06 to include the latest available survey data.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Michael Calabro on Canberra (02) 6252 7039.
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