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Innovation vouchers: Funding up to $20,000 for WA Small to Medium Enterprises

April 1, 2020

Deadline for applications extended to 8 April 2020

Innovation photo

The Innovation Vouchers Program can provide your small to medium enterprise (SME) with the financial boost it needs to access professional skills, services or knowledge, enabling you to advance your idea or commercial activity in Western Australia. The program allows for funding up to $20,000 vouchers to be awarded to eligible SMEs. Recipients will need to provide a net cash co-investment at a rate of at least 20:80 applicant-to-State Government funding. Funding applications must fall under one of the Innovation Vouchers Program eligible expenditure categories: Research and Development, Product Development, Technology Transfer and Intellectual Property, or Commercialisation Support Services.

The Department of Jobs, Tourism, Science and Innovation has extended the applications deadline to 11 am, AWST Wednesday 8 April 2020 in recognition of the exceptional circumstances many SMEs are facing due to COVID-19. In addition to this extension, the period over which payments will be made to successful grant applicants has been extended and will now commence on 8 April 2020 and run to 30 June 2021.

For further information on these new changes and access to the application portal visit www.newindustries.wa.gov.au/opportunity/innovation-vouchers

For more information, visit the New Industries WA website.

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