Hon Don Punch BPsych BSocwk MBA MLA

Hon Don Punch BPsych BSocwk MBA MLA

Minister for Disability Services; Fisheries; Seniors and Ageing; Small Business

    New grant round opens for entrepreneur and investor education programs

    8/11/2021 8:00 AM
     
    • Applications now open for round three of the X-TEND WA program
    • Service providers can apply for grants of up to $100,000
    • Program funded through the McGowan Government's $16.7 million New Industries Fund 

    Service providers delivering education programs for entrepreneurs and investors are encouraged to apply for grants of up to $100,000, as part of the Western Australian Government's X-TEND WA program.

     

    A total of $500,000 has been made available for round three of the successful X-TEND grants program, part of the McGowan Government's $16.7 million New Industry Fund.

     

    The New Industries Fund supports and accelerates new and emerging businesses to diversify the State's economy and create jobs. Provision to continue the fund until 2025 was made in the 2021-22 State Budget.

     

    Established in 2019 to grow capability and capacity within WA's innovation community, X-TEND invests in programs empowering local entrepreneurs, start-ups, emerging businesses, and small and medium-sized enterprises (SMEs) to better navigate their commercialisation journey.

     

    X-TEND also helps fund programs that improve investor education and build confidence in investing in innovative projects.

     

    In the first two rounds of X-TEND, the WA Government awarded $933,000 to 11 education programs that supported sectors including health technologies, space supply chain, youth entrepreneurship, regional innovation, export market entry and angel investment.

     

    Applications close at 11am on Wednesday, December 1, 2021. For more information, visit https://www.wa.gov.au/organisation/department-of-jobs-tourism-science-and-innovation/new-industries-fund-x-tend-wa-program-grants

     

    Comments attributed to Innovation and ICT Minister Don Punch:

     

    "One way we know we can help grow and connect Western Australia's innovation community is by increasing access to education programs, not only for start-ups and SMEs but also investors.

     

    "Innovation has no boundaries. Over the past three years, the WA Government's X-TEND WA program has supported entrepreneur and investor education programs from across the State and a wide range of industry sectors.

     

    "We received great feedback following the first two rounds of X-TEND and I strongly encourage service providers in Perth and the regions to apply for round three of the program."

     

    Minister's office - 6552 6900