Funding to support WA start-ups and small businesses to commercialise and innovate

This program provides funding to WA start-ups and small businesses to help them commercialise innovative ideas or projects, and to expand to create jobs.

Overview

Funding is available for startups and small businesses to access professional skills, services or knowledge to help them advance an innovative idea, project or commercial activity.

The funding may be used to:

• help develop new or enhanced commercially-ready products or services
• establish a minimum viable product (MVP), prototype(s), processes or systems that might attract additional investment and/or customers
• address a particular technical problem that cannot be solved by the applicant, or for which the solution is not readily available.

Recipients will need to provide a net cash co-contribution at a rate of at least 20:80 applicant-to-state government funding.

What are the eligibility requirements:

To be eligible, businesses must:

• be registered in Western Australia (WA) with either an Australian business number (ABN) or Australian company number (ACN)
• be developing an innovative project in WA
• remain in WA for the next 3 years
• be a solvent start-up or small business, employing under 50 people
• be able to contribute at least 20% of the requested project funding costs.

Business will also be required to ensure that their expenditure and service providers meet specified eligibility requirements.

How do you apply?

Find out more about eligibility and how to apply at Innovation Booster Grant.