Tag: National Reconstruction Fund Corporation

Landmark NRF startup deals within weeks

Posted on   |  by Joseph Brookes
The first investments from the Albanese government’s landmark $15 billion manufacturing fund will be revealed within weeks as part of series A or B raises of local startups. The National...

Inaugural National Reconstruction Fund chief steps down

Posted on   |  by Justin Hendry
The inaugural chief executive of the National Reconstruction Fund Corporation, Ivan Power, has stepped down less than a year into the role. His departure for health reasons has opened...

NRF Corporation under audit office microscope

Posted on   |  by Joseph Brookes
The establishment of a corporation in charge of the Albanese government’s $15 billion manufacturing fund is being audited, with an outside firm quietly tapped to assist the federal audit...

NRF Corporation racks up $8.7m bill before investing

Posted on   |  by Joseph Brookes
The independent entity steering the $15 billion National Reconstruction Fund has racked up $8.7 million in expenses before making a single investment, as it approaches a one-year anniversary with...

NRF took more than 100 inquiries without a formal process

Posted on   |  by Joseph Brookes
At least 130 inquires about investment from the $15 billion National Reconstruction Fund were made before a formal application channel was established, with businesses accessing multiple pathways in search...

Slow NRF ‘not meeting expectations’

Posted on   |  by Joseph Brookes
The Albanese government’s flagship industry support program has received hundreds of approaches for investment despite lacking a formal application process, months after it was declared “open for business”. The...

NRF gets its investment mandate, now open for business

Posted on   |  by Brandon How
The federal government has declared the National Reconstruction Fund open for business, officially delivering the NRF Corporation its investment mandate – the investment framework that will guide decisions and...