- Six recipients of X-TEND WA to share in over $450,000 of grant funding
- Latest round includes four regional-based initiatives
- X-TEND WA supports accelerating new and local emerging businesses
Regional businesses based in the Kimberley, Geraldton and the South West will share in $474,000 of grant funding thanks to X-TEND WA.
Innovation and Digital Economy Minister Stephen Dawson said the Cook Government's successful X-TEND WA program accelerates new and emerging businesses and supports projects which build innovation.
This latest round of recipients is made up of six businesses located in different areas across the State. Each business will receive up to $100,000 in co-contributory grants to deliver their respective programs.
X-TEND WA is a part of the Cook Government's $25.8 million New Industries Fund (NIF) with these recent recipients the first announced since applications changed to a year-round model, as opposed to a once-a-year four-week window.
Since 2019 when the program was first launched there have been 26 grants awarded over $2.5 million in funds.
For more information on X-TEND WA see: https://www.wa.gov.au/organisation/department-of-jobs-tourism-science-and-innovation/new-industries-fund-x-tend-wa-program
Comments attributed to Innovation and the Digital Economy Minister Stephen Dawson:
"The Cook Government's New Industries Fund targets businesses and projects that build entrepreneurship, innovation and commercialisation that creates more local jobs.
"Our successful X-TEND WA is an integral part of this approach and provides successful businesses with investor and strategic education along with broader innovation ecosystem support.
"It's a State-wide program and its very pleasing to see the majority of businesses are based in the regions in this round.
"X-TEND WA has allowed many excellent programs to be funded over the years, so I encourage businesses, who fit the criteria, to explore what X-TEND can offer in assistance."