More investor and start-up training on way to help grow economy

  • McGowan Government opens Round 2 of the X-TEND WA grants program
  • Grants help innovative WA start-ups, emerging businesses and small-to-medium sized enterprises become investor ready
  • Part of the McGowan Government’s $16.7 million New Industries Fund, X-TEND grants help diversify the economy and create jobs 
  • The McGowan Government has today opened Round 2 of the X-TEND WA program, which provides grants of up to $100,000 to organisations that help innovative Western Australian businesses become investor ready and expand their operations.

    The program is part of Government’s $16.7 million New Industries Fund, established to help diversify the WA economy and create local jobs. X-TEND WA grants are open to training and education providers that can develop and implement programs that support WA start-ups, emerging businesses and small-to-medium sized enterprises.

    Grants also support programs that educate investors about the potential of investing in early‑stage innovation, so they become ‘innovator ready’. 

    Applications are encouraged from organisations that are able to provide training programs to a range of businesses, as well as start-up owners of diverse backgrounds, to foster diversity and inclusion in the State’s business sector. 

    The six organisations successful through the Round 1 grants process have commenced work to promote their programs to WA entrepreneurs and will be running training through to June 2020.

    Applications are open today and close at 11am, Tuesday, November 5. For more information, visit https://www.newindustries.wa.gov.au/            

    As stated by Minister for Innovation and ICT

    “X-TEND WA is providing support for talented and emerging business owners to take their businesses to the next step.

    “We are putting our support behind our State’s talented and innovative entrepreneurs as we understand this is one of the ways we can diversify the economy and create WA jobs.

    “I am very pleased to see that some of the training programs funded by the Round 1 grant funding are underway, as this delivers important, practical support to the State’s business and start-up community.”

    /Public Release. View in full here.