Applications are now open for the 2020 round of the Innovation Vouchers Program, an initiative of the State Government’s New Industries Fund, which assists small to medium enterprises (SME) to commercialise their ideas and innovations and expand to create jobs.
If you are an SME with a great idea or innovation, but need some support into turning it into a sustainable business opportunity, then this program is for you!
The Innovation Vouchers Program can provide your business with up to $20,000 to access professional skills, services or knowledge, enabling you to advance your idea or commercial activity in Western Australia. Recipients will need to provide a net cash co-investment at a rate of at least 20:80 applicant-to-State Government funding.
Your funding application must also fall under one of the following eligible expenditure categories:
- Research and Development
- Product Development
- Technology Transfer and Intellectual Property
- Commercialisation Support Services
Applications close 11am AWST Wednesday 25 March 2020