- Five X-TEND WA 2022 recipients to receive more than $375,000 in grant funding
- Additional grant funding will enable the successful programs to continue in 2023
- Applications now open for round four of X-TEND
The McGowan Government is making sure five successful entrepreneur and investor education programs will continue in 2023, with more than $375,000 in additional grant funding being provided through its X-TEND WA program.
The service providers, which received grants in 2022 through round three of X-TEND, will receive additional funding ranging from $28,000 to $100,000 to continue their programs.
Grant funding from X-TEND is used by service providers to deliver programs that assist WA entrepreneurs, startups, and small to medium enterprises (SMEs) expanding their capability and supporting their innovation journey.
X-TEND also helps fund programs that improve investor education and build confidence in investing in innovative projects.
VentureX HQ will receive $75,000 in additional grant funding to continue their educational network for female founders of scalable business ventures or investors seeking opportunities for growth and investment.
Since establishing X-TEND in 2019, the McGowan Government has awarded more than $2 million to 19 education programs for a range of sectors, including health technologies, regional innovation, export market entry and impact, and angel investment.
Applications are now open for round four of X-TEND, and will close Tuesday, 28 March 2023.
Service providers can apply for grants of up to $100,000 and will have to commit to a co-contribution.
Round four includes a health and medical life sciences stream to encourage applications from service providers that can build capability in this industry.
X-TEND is part of the McGowan Government's $16.7 million New Industries Fund, which supports and accelerates new and emerging businesses to diversify the State's economy and create jobs.
For more information on the X-TEND WA program and on how to apply 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 the Digital Economy Minister Stephen Dawson:
"We know one of the best ways we can grow and connect our innovation ecosystem is to increase access to education programs for startups, SMEs and investors.
"In 2023, we are providing more than $375,000 in additional grant funding to make sure five successful and diverse programs can continue.
"If you're a service provider that can help build capacity and capability in our innovation ecosystem, especially in the health and medical life sciences, I encourage you to apply now for X-TEND."
Minister's office - 6552 5800
