Question - Investment


Question

Number
1033
Subject
Investment
(GRIFFIN Accelerator - Founder Information and Sensitive Data)
Asked by
Cain, Peter
Directed to
Chief Minister
Question asked on
19 March 2026
Answer due on
26 April 2026
Question asked
  1. What specific categories of information are required from founders prior to any GRIFFIN Accelerator investment decision, including (a) tax file numbers (TFNs), (b) bank account details, (c) identity documents and (d) shareholder and cap table information.
  2. At what stage is each category of information referred to in part (1) collected and is it collected before or after any investment decision is made.
  3. Are founders required or requested to provide TFNs; if so (a) under what legal authority, (b) whether provision is stated to be voluntary and (c) who has access to those TFNs.
  4. Is founder information shared with mentors, investors, trustees or syndicate participants prior to an investment being finalised; if so, what information and under what confidentiality arrangements.
  5. What specific data security controls apply to founder information collected through the GRIFFIN Accelerator, including (a) storage systems, (b) access controls, (c) encryption and (d) audit logs.
  6. Is founder information held within Canberra Innovation Network (CBRIN) systems or in separate systems controlled by GRIFFIN-related entities or investment vehicles.
  7. Has any privacy impact assessment, cyber security audit or external review been undertaken in relation to GRIFFIN data handling; if so, provide details.
  8. What data retention and destruction policies apply to founder information, including sensitive financial and tax data.