Innovation Fund to Drive Regional Jobs

Written on the 7 March 2018

Innovation Fund to Drive Regional Jobs Wednesday, 7 March 2018
  • $4.5 million regional New Industries Fund to supercharge innovation across regional Western Australia
  • Up to $300,000 available for projects in each region to drive job creation and innovation
  • $1.4 million available for inter-regional innovation projects
The McGowan Government has launched the $4.5 million regional component of the New Industries Fund to drive innovation, diversification and job creation across regional Western Australia.

Up to $300,000 will be allocated to each of the nine regions for initiatives that build a regional innovation pipeline and drive job creation at a local level.

The funding will target small-medium enterprises (SMEs), start-ups, organisations providing innovation support in the regions and transforming existing businesses to seize new industry opportunities.

 

A further $1.4 million will be invested in inter-regional projects that drive collaboration between innovators across the State to promote economic diversification and job growth.

Projects that could be considered under the inter-regional stream include technology development initiatives to support regional growth and development programs, and commercialisation support for regional start-ups and SMEs.

 

Each region will establish a Regional Innovation Partnership to collaboratively identify strategic projects that have the greatest potential to grow regional communities.

 

Submissions will be considered by an independent assessment panel who will make recommendations to the State Government on the allocation of funding.

 

Organisations and businesses can register to join a Regional Innovation Partnership at http://www.newindustries.wa.gov.au. Roadshow briefings, to explain how the fund works, will be held in each region over the next two months.

 

Source:  Govt of Western Australia

 


Upcoming Events

Latest news

Business establishment and growth promoted through Broome Business Survey

Businesses have until the end of April to take part in the survey Feedback to date has already identified key issues and opportunities in Broome Results will be used to support the development of new businesses, and improve outcomes for those already operating The clock is ticking for Broome businesses to take part in a sho...

Read More

Articles via RSS rss

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

 

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509