New Industries Fund: X-TEND WA Program

Purpose and Program Overview

The New Industries Fund: X-TEND WA Program is a competitive grant. It supports organisations that deliver education programs. These programs are for startups, innovators, and investors in Western Australia. The grant aims to build capability within WA’s innovation community.

The program’s objective is to grow and diversify the WA economy. It focuses on enhancing investor education and corporate innovation. It also supports regional, indigenous, and female founders.

This initiative is part of the broader New Industries Fund. This fund supports innovative projects to create jobs and new industries.

Key Grant Details

• Grant amount or funding range: Up to $150,000 in co-funding per application. Some sources say up to $100,000.
• Application open and close dates: The 2024 round is now closed. The deadline was 30 August 2024.
• Eligible industries or business types: Western Australian-based non-government organisations, including businesses and not-for-profits.
• Required co-contributions: A 1:1 co-investment is preferred.
• Location/state/territory applicability: Western Australia only.

Priority Sectors

X-TEND WA Grant Program is open to a broad range of sectors. The program supports initiatives that help innovators and investors across the WA economy.

Funding Scope

• Minimum and maximum amounts per stream: The maximum amount is up to $150,000. Some sources say up to $100,000.
• Categories or streams of funding:
  • Entrepreneurial education.
  • Investor education.
  • Health and life sciences capability building.
• Project timeline or eligible funding duration: This information was not available in the sources.

Grant Amount in Total

This information was not available in the sources. The program is funded under the New Industries Fund.

Eligibility Criteria

• The applicant must be a non-government organisation. This includes businesses or not-for-profits.
• The applicant must have a registered business address in Western Australia.
• The business must be solvent.
• The business must have a valid Australian Business Number (ABN) or Australian Company Number (ACN).

Eligible Activities and Expenses

X-TEND WA Grant Program supports activities that deliver education and capability-building programs. These activities can include:

• Educational forums, workshops, and mentoring.
• Incubator or accelerator programs.
• Programs that support regional, Indigenous, and female founders.
• Initiatives that foster investor education.

Assessment Process

This is a competitive grant program. Applications are assessed against specific criteria. The key evaluation criteria include:

• How the project will create jobs and diversify the WA economy.
• Alignment with one of the program’s three streams.
• A detailed project plan and budget.

Recent Program Updates

The 2024 funding round has closed. Round 7 recipients were announced in December 2024. The program is closed until further notice in 2025.

Application Tips

• Prepare a detailed project plan that covers your timeline, deliverables, and budget.
• Explain how your proposal will help create jobs and economic diversification in WA.
• Ensure your proposed activities align with the program’s focus areas.
• Have a plan for measuring the impact of your project.

Where to Get Help

Consider consulting with a professional grant specialist like Pattens Group. We offer initial assessments to review your business’s eligibility and evaluate how well your project aligns with the grant’s objectives. You can also visit relevant government websites for application templates and further guidance.