WA offers investment for innovation

WA offers investment for innovation

This week the Western Australian government has announced two grants for innovative businesses to set up in the state.

The state government will provide support for local businesses through the X-TEND WA program.

Six education programs for investors and innovators are part of the $516,000 pilot program.

The programs range from business scale up strategies in the agritech, fintech, and Internet of Things (IoT) fields, delivered through co-working space Spacecubed, to a founders development program for young founders, led by St Catherine’s College.

According to Minister for Innovation and ICT, Dave Kelly, these programs will provide advanced manufacturers with great potential.

“This new pilot program will give small businesses in areas such as space, fintech and agritech the skills and tools required to take their businesses to the next level,” said Kelly.

Designed to help local entrepreneurs and business owners to attract investment, the program hopes to have individuals demonstrate the benefits of being in WA.

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