Perth businesses wanting to engage with major projects in Western Australia can receive a helping hand of up to $25,000 thanks to the State Government’s Industry Facilitation and Support Program (IFSP).
The fifth round of the program is offering eligible small to medium-sized businesses up to $25,000 in matched funding to help them enter major local markets and become part of national and overseas supply chains.
Commerce Minister Michael Mischin since the program was launched in 2011, more than $3.1 million had been committed to 161 companies across WA, $203 million in contracts had been awarded and hundreds of new job opportunities have been created, including 31 apprenticeships.
“WA is home to a highly skilled and innovative workforce, world-class infrastructure and a dynamic local industry,” Mr Mischin said.
“The State Government is committed to supporting local businesses so they have the best opportunity to compete in a global environment.
“Increasing local engagement in private and public sector projects benefits local industry and the community through job creation, economic growth, enhanced business capability, training opportunities and inward investment.
“There are distinct commercial advantages of dealing with competitive local suppliers, not least of all the expertise, innovation and business networks offered by Western Australian industry.”
The Minister said the IFSP assisted businesses to build capacity, increase their competitiveness and helped them succeed as suppliers to major market opportunities in WA, including the resources, utilities, food, tourism and government sectors.
“Past successful applicants have received funding for expert consultant fees, equipment, improvements to internal business infrastructure and specialised training to help build capacity,” he said.
“I encourage small to medium-sized metropolitan businesses to apply for the program.”
Minister’s office - 6552 5600