The objective of the ACfA Label Category 1 is to mobilise the pool of qualified professionals and emerging fund managers who have prior work experience within banks, non bank financial institutions, investment companies, impact funds, venture capital funds, angel investor networks, management consulting firms and law firms. They may also be experienced entrepreneurs who have gained an understanding of the ins and outs of early-stage fundraising. These individuals are well placed to understand the operating environment of SMEs, the investment value chain and corporate governance.
The financing needs of project sponsors that may be serviced by these intermediaries are in the low to mid segment of the market. There are no minimum or maximum limits imposed on the fundraise amount for Category 1 crowdfunding operations. A tabular summary of Category 1 is provided in DOC 2-2019: ACfA Label Categories
