- Innovation Vouchers Program to commercialise local ideas
- $400,000 fund available for Western Australian innovators
- Part of the Liberal National Government's $20 million Innovation Strategy
The Liberal National Government continues to support Western Australian innovators with the Innovation Vouchers Program opening for applications, as of today.
Innovation Minister Bill Marmion said the $400,000 fund provided essential support for innovators to take their ideas to market as quickly as possible.
"WA innovators will be able to apply for up to $20,000 in professional services vouchers to develop their ideas, facilitating opportunities for those ideas to be commercialised," Mr Marmion said.
"The Innovation Vouchers Program has been expanded to include those companies that wish to undertake the required service in-house - it also provides an opportunity for companies to undertake much needed proof-of-market analysis."
Small Business Minister Sean L'Estrange said support for small to medium enterprises (SMEs) was key to the health of the economy.
"Supporting our home-grown SMEs at a critical point in the development of their business is fundamental to the development of talent, skills and jobs," Mr L'Estrange said.
"West Australians have a long history of entrepreneurial ambition - this program is another step along the path to helping businesses achieve local, national and global success, as promising ideas are translated into commercial reality."
Mr Marmion said the program demonstrated the Liberal National Government's strong commitment to growing Western Australia's innovation ecosystem.
"The Innovation Vouchers Program is an initiative of the State Government's $20 million Innovation Strategy, which aims to ensure great innovations developed here benefit WA businesses and WA people," the Minister said.
- Applications for the Innovation Vouchers Program open on January 27, 2017 and close on March 31, 2017
- Further information can be found on the GCIO website or the Innovation Hub
- Click here to read the Western Australian Innovation Strategy
Innovation Minister's office - 6552 6800
Small Business Minister's office - 6552 6900