- Industry Facilitation and Support Program generates $20m in contracts to date
Nine companies share in more than $125,000 from current regional round
Business Development Information Briefings a hit with SMEs
The Liberal National Government’s Industry Facilitation and Support Program (IFSP) has assisted Western Australian-based suppliers to win contracts with mineral and energy projects to the tune of $20million.
Commerce Minister Simon O’Brien said the State Government had made local industry participation a priority and it was paying off for WA-based companies.
“IFSP was introduced in October 2011 with the aim of providing local suppliers with a financial incentive to undertake initiatives to build their competitiveness and productivity,” Mr O’Brien said.
“120 applications were received and more than $2.5million was provided for a diverse range of projects, including the purchase of capital equipment, quality assurance, training, health and safety standards, accreditation and upgrades to business systems.
“Early stage monitoring of the program indicates that a number of companies had already won resource contracts worth more than $20million - due directly to the financial support received through the program. More than 30 companies have reported positive outcomes.
“This program was just one component of a wider Local Industry Participation Framework which has also led to more than $32billion in contracts being awarded to local industry.”
The IFSP and other State and Federal government assistance programs were promoted through a series of regional briefings in Geraldton, Kalgoorlie-Boulder, Albany and Collie in 2012.
Regional Development Minister Brendon Grylls encouraged more businesses to get involved by attending briefings and seeking grants in the next round of funding, now open.
“These briefings allow staff and managers in regional companies to find out how to supply to major markets including resource projects - here and overseas - and to the Government,”
Mr Grylls said.
Successful IFSP regional round recipients to date, include:
Buurabalayji Thalanyji Aboriginal Corporation (Onslow) - feasibility study into diversifying their business to work for the resources sector
Curtis Electrical Contracting Pty Ltd (Waroona) - IT equipment
Cutts Engineering Pty Ltd (Manjimup) - specialist equipment
Geographe Civil (Bunbury) - accreditation
GR Electrical (Collie) - expert assistance into pre-qualification
Margaret River Steel Products (Margaret River) - purchase of specialised equipment
Pindari WA Integrated Labour Solutions (Dunsborough) - accreditation
South West Fire Unit (Collie) - specialist equipment
Wallace Engineering (Albany) - training and accreditation.
Liberal National Government launched Local Industry Participation Framework in July 2011. Since the launch, about $32billion of publicly announced resources-related contracts have been awarded to locally-based business. This flow through of work to local businesses has resulted in 75,000 jobs in WA
Liberal National Government currently achieving local content levels of 80% to 90% on onshore projects. Offshore projects local content is trending upwards from 50%
IFSP regional round currently open. Round funded by Royalties for Regions which is administered by Department of Regional Development and Lands
Commerce Minister’s office - 6552 5800
Regional Development Minister’s office - 6552 5500