Hort Innovation develops venture fund to back startup solutions.
Fund was created in partnership with impact investment firm, Artesian, and includes a A$60mn investment through Frontiers.
The Hort Innovation Venture Fund is the first new fund to be rolled out through Hort Innovation Frontiers which will invest up to A$500mn over the next ten years to develop solutions to horticulture's major challenges.
A customized collection of grant news from foundations and the federal government from around the Web.
Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.