October 21, 2019
Today the Queensland Government closed an investment in Chief Products through the Business Development Fund. The Fund, a key plank of the Advance Queensland strategy, co-invests up to $2.5 million, alongside private sector co-investors, to help businesses transform their ideas and innovations into a commercial reality. BDF investment decisions are made by an independent panel of venture capital experts that assess each company on their merits. Queensland's Deputy Premier and Treasurer, Ms Jackie Trad, said Chief Products joins more than 40 other innovative Queensland businesses which have received collective investment of over $60 million from the Fund to date. We’re honoured to be considered one of Queensland’s most innovative companies, and welcome the Queensland Government as a minority shareholder in Chief Products.