Innovation Open for Business

WA’s New Industries and Innovation Fund  grant series

Western Australia’s innovation ecosystem is set for a boost with applications now open for the Innovation Booster Grant (IBG) and Commercialisation Bridge Grant (CBG) programs.

Backed by the Cook Government’s $40 million New Industries and Innovation Fund (NIIF), these grants provide critical support for start-ups, SMEs, and high-growth enterprises to test, validate, protect, and commercialise their projects both locally and globally.

What’s New in 2025

  • IBG maximum grant amount lifted to $50,000
  • CBG maximum grant amount lifted to $250,000
  • Enhanced support for regional, female, and First Nations-founded businesses

 

The NIIF, administered by the Department of Energy and Economic Diversification, is a cornerstone of WA’s Innovation Strategy and plays a key role in building future industries and jobs. Established in 2017, the Fund fosters a self-sustaining innovation environment that encourages collaboration and private sector investment—helping diversify WA’s economy through Diversify WA.

Key Dates

  • IBG applications close: Friday, 10 October, 4pm
  • CBG applications close: Friday, 24 October, 4pm

 

Don’t miss the opportunity to secure support that could accelerate your innovation journey and put your project on the global stage. Click here to learn more.

 

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