New Industries Fund: Innovation Booster Grant

Grant Description

The Innovation Booster Grant (IBG) is a competitive Western Australian Government program providing up to $50,000 to early-stage founders, startups and innovation-driven SMEs to progress innovations toward commercial readiness. It aims to increase the number of commercially ready, new-to-market products developed and tested in Western Australia, improve access to specialist expertise, and support job creation by aligning with the State’s innovation strategy and Diversify WA priority sectors. Funding is provided on a matched-cash basis (generally 15% for regional WA headquarters, First Nations-founded and female-founded businesses, and 20% for others), with projects expected to advance validation, development and commercialisation activities.

What It Funds

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Eligibility Criteria

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