WA Government News | Jul 08, 2019
- The McGowan Government is providing local entrepreneurs support to grow their businesses which will create jobs and drive economic growth
- The X-TEND WA program, forms part of the McGowan Government's $16.7 million New Industries Fund
Western Australian entrepreneurs now have new opportunities to receive training and support to grow their businesses, create jobs and drive economic growth, with the McGowan Government funding a series of business education programs.
Innovation and ICT Minister Dave Kelly today announced that six education programs tailored for investors and innovators have been awarded grants through the McGowan Government's X-TEND WA competitive grants program.
The $516,000 pilot program, which is funded through the $16.7 million New Industries Fund, will deliver educational programs over the next 12 months that support the development of entrepreneurs and investors.
The training programs include:
- Commercialising digital health solutions through Telethon Kids Institute;
- Business scale up in the agritech, fintech and Internet of Things sector (IoT) through Spacecubed;
- Investor education in impact investment through Impact Seed;
- Founders development program for young founders through St Catherine's College Inc;
- Investor ready program for companies in the space supply chain through Atomic Sky; and
- Business solutions utilising entrepreneurs of neurodiversity through Apps People.
For further details on the programs, visit http://www.newindustries.wa.gov.au
Comments attributed to Innovation and ICT Minister Dave Kelly:
"Supporting start-ups, emerging businesses and small enterprises to scale up or become investor ready is important for the growth of our economy and creating WA jobs.
"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.
"This unique program is securing jobs for Western Australians through businesses gaining the know-how to scale up and expand, to attract further investment and create jobs.
"The program also looks to drive investor confidence by showcasing the opportunities that WA innovation and start-up companies can return on an investment, through pitch events and introducing investors to investment ready projects.
"This will ensure investors see that start-up companies have the initiative and drive to grow the Western Australian economy which will lead to more jobs."
Minister's office - 6552 6100