The Western Australian Government has reinvested another $16.7 million in the New
Industries Fund (NIF) over four years (2021-25) that will continue to support and
accelerate new and emerging businesses to diversify the Western Australian economy and
create new WA jobs and industries.
An additional $9.1 million has been provided to the NIF for 2023-2025 and supports the
State’s Innovation Strategy and associated Innovation Action Plan.
What do you get?
Up to $100,000
Who is this for?
Organisations based in WA.
Overview
X-TEND WA Program provides organisations with funding to help them deliver innovator and/or investor educational programs to WA start-ups, emerging businesses and entrepreneurs.
Funding will be awarded to deliver activities in one or 2 of the following streams:
- entrepreneurial education
investor education
broader ecosystem support.
Activities may take the form of educational forums, workshops, mentoring and incubator and accelerator programs.
Check if you can apply
To be eligible, you must:
- Have an Australian Business Number (ABN) and/or Australian Company Number (ACN);
- Have the business/organisation’s (including not-for-profits) registered business address in the State of Western Australia; or
- Be an Australian business/organisation not located in the State of Western Australia, that agrees to register a business address in the State of Western Australia.
- Be made by a valid legal entity that can enter into a funding agreement with the Western Australian Government;
- Be a solvent Western Australian based non-government organisation (business or not-for-profit);
- Put forward a proposal that aligns with one or two of the streams within the Scope of Activities, as indicated at Item 6 below;
- Clearly explain how the proposal will contribute to job creation and economic diversification in Western Australian; and
- Include a project plan that includes a timeline, deliverables, a clear and reasonable budget, resources, risks, IP management, stakeholder engagement and how impact/success will be measured.
Co-investment
A 1:1 co-investment is preferred in this process. However, it is recognised that some vital
initiatives may not be able to attract this level of co-investment. As such partial or nonmatched co-funding applications may be considered and evaluated on a case by case
basis where a demonstrated market need is shown and at JTSI’s absolute discretion.
Applications that focus on regional, indigenous and/or female founders may not be
expected to provide as much co-contribution, and in some cases, none at all (depending
on the attractiveness of the application). Applicants can make the case for less coinvestment in their application.
The co-investment cannot comprise or include funds, sponsorship or otherwise from the
Western Australian State Government.
For all other queries, please email innovation@jtsi.wa.gov.au or call 08 6277 2815.
