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State Government announces funding available for SMEs

The State Government announced, last week, funding of up to $20,000 will be available for SMEs through the 2015 Innovation Vouchers Program

Commerce Minister Michael Mischin said the funding would help SMEs access professional skills, services or knowledge that would enable them to advance their innovation or ommercialisation activity in the State.

The program provided $600,000 to 32 SMEs between 2011 and 2013 and Minister Mischin said that it encourages “industry-led innovation in WA”, which will in turn create economic and employment opportunities.

The funding can be used for:

  • research and development;
  • product development;
  • technology transfer;
  • intellectual property; or
  • commercialisation support services.

Applications are open until 3pm Friday, February 27, 2015.

For more information, visit the http://www.commerce.wa.gov.au/industry-and-innovation/innovation-vouchers-program-2015