Funding for WA innovators to commercialise and develop novel health and medical solutions
Innovation Seed Fund 2022 WALast Updated: 04 April 2022
Innovation Seed Fund 2022 WA
This program provides funding to WA start-ups to help them develop early-stage proposals for novel processes, products and/or services in the health/medical sector.
What you get?
Funding between $250,000 and $500,000.
Who is this for?
Western Australian innovators.
Overview
Funding is available to support WA startups to develop and commercialise their innovations, create high-level health sector jobs and enhance their production/manufacturing capacity.
The objectives of the fund are to:
- increase the number of new health and medical innovation start-up companies in WA
- advance the innovation maturity level of the majority of funded innovations
- improve the success of WA innovation initiatives in accessing additional funding to assist in taking the innovation to market.
What are the eligibility criteria?
To be eligible, applications must be made through a responsible entity, which must:
- have an active Australian business number (ABN)
- have a physical and operational presence in WA
- not have the funding constitute their entire financial base.
The innovation applicant must:
- be an Australian citizen or permanent resident
- reside in WA for the period of the grant
- be employed by the responsible entity for the period of the grant.
How do you apply?
Find out more about eligibility and how to apply at Innovation Seed Fund 2022.