Innovation Booster Grant (2026)

About

An opportunity for early-stage founders and innovative SMEs in Western Australia to receive funding and support for enhancing their innovation capabilities and commercializing projects. The grant offers financial assistance, expert resources, and reduced co-funding requirements for specific demographics, making it accessible for a diverse range of businesses aiming to innovate and grow.

Benefits

• 💰Financial Support
  Up to AUD 50,000 in funding
• 🎓Expert and Resource Support
  Access to expert guidance and resources for project development
• 📉Reduced Co-funding Requirements
  Lower co-funding requirements for regional, female, and Indigenous businesses
• 🌐Commercialization Support
  Assistance with services related to project commercialization for selected businesses

Eligibility Criteria

• Open to early-stage founders and innovative SMEs based in Western Australia
• Must be registered and operating in Western Australia
• Focus on projects aimed at enhancing innovation capabilities and commercialization
• Reduced co-funding requirements for regional, female, and Indigenous businesses
• Priority given to industries identified in "Diversify WA"

Participation Commitments

• Must submit a detailed project proposal outlining innovation capabilities
• Participants must comply with the funding requirements set by the Department of Energy and Economic Diversification
• Regular progress reports may be required during the grant period
• Must demonstrate the impact of the funding on business growth and innovation

Target Sector

Focused on innovative SMEs across various sectors

Target Location

Open to businesses operating in Western Australia