Startup Investor Group North Queensland

Investors, professionals and founders investing in Queensland’s most promising startups.


openfund has received funding from Advance Queensland’s Regional Angel Investors Support Program to launch an education program and Angel investment group in North Queensland.The program aims to connect members of the investment community with promising startup investment opportunities and to provide mentoring and support for regionally based startups. We link investors and startup founders to create new economic opportunities and jobs in North Queensland.

Frequently Asked QuestionsJoin sigNQ Now

sigNQ Conversations: Investment Opportunities in Queensland's Emerging Companies

Our events and services connect investors and founders from 'both sides of the table'.

Keynote speakers include:
● Glen Richards (Greencross Vets + Shark Tank)
● Shelli Trung (QUT CEA Fund + Angel Investor)
● Ben Thompson (
● Ben Hallet (
● Eban Escott (
● David Cole (

View sigNQ - Event Schedule 2018 -19Download sigNQ - About (.pdf)
Shelli Trung (QUT CEA Fund + Angel Investor)

Application Vetting

Our investment committee conducts due diligence to ensure the startup meets our requirements.

Panel Review

Hand-picked members of the openfund community provide feedback before we make an investment decision.

Fund Raising

Our members can quickly mobilise to invest an average of $100k in our initial Seed stage investments.


Founders provide regular updates to openfund and investor members so we can support and track progress.

Frequently Asked Questions

Find Answers to your Questions by clicking below.

The program is designed for Regional Business Angel Investors (active or potential) that are interested in creating new economic opportunities and jobs in North Queensland. Specifically the program is for people who want to invest in and benefit from startups using new technologies rather than being disrupted by them.

The startup investment education program is about how to invest in early stage Queensland based startups that have high growth and export potential.

Investor members will learn how to invest in startups from experienced entrepreneurs like Glen Richards  of Greencross Vets and Steve Baxter of Transition Level Investments. They will have the opportunity to form their own NQ investment committee and to invest small amounts alongside each other in Queensland's most promising startups.

The education component of the program progressively builds throughout the 12 months. It is important to build relationships and collaboration within the NQ investment and startup ecosystem over time.

Startup investment topics to be covered include:

• Understanding Startup Investments
• Evaluating Investment Opportunities
• VC 101: Angel Investing Guide
• Decoding Startup Returns
• Diversifying Your Startup Portfolio
• Legals, Taxes & Startup Investing

Tech Space topics to be covered include:

• Agricultural Technologies
• Sustainable Energy
• Artificial Intelligence + Machine Learning
• Blockchain Technologies

sigNQ annual membership costs $600 / person.

• Investor Member  - $600 / yr
• Corporate Member - $600 / yr
• Startup Members  - $600 / yr
• Event Sponsorships - $600 / event

Note: 20% Discount for all those with paid iNQ Memberships

sigNQ aims to be financially independent and sustainable i.e. not reliant on Advance QLD funding(tax payer's money). The membership fees and sponsorships will eventually cover the approx. $1500 budget for each sigNQ monthly event. The approx. $1500 includes iNQ venue hire + catering + flights and accomodation expenses for keynote speakers etc.

Investor members should have the financial means to invest at least $50 - $100 K to build a diversified portfolio of startup investments. Investments in startups are illiquid with an average of 5 - 7 years before an exit event. Startup investments are high risk - high return investments. Investors should never invest more than they can afford to lose.

Join sigNQ Now