Finalists for this year’s WA Innovator of the Year (WAIOTY) have been announced.
The program, which was launched in 2006, is back after a pandemic-induced hiatus last year.
The finalists for this year’s program will compete for awards across six categories from a prize pool of $140,000 to help commercialise their innovations.
The program has many notable alumni – Mining & Process Solutions (MPS) took out the overall award in 2019, while Udrew won it back in 2018.
MPS won for their development of a biodegradable, non-toxic and reusable liquid to extract metals such as silver, copper, gold and nickel from ore. MPS used the prize money to build a facility in Perth which has been used to demonstrate their technology to gold mining companies.
Since then, the company has established partner laboratories and agents in Canada, South Africa, the United States and the Philippines, significantly expanding their channels to market.
The winners will be announced at an awards ceremony scheduled for Wednesday, 3 November.
Rio Tinto is this year’s primary sponsor; there are four finalists for the Rio Tinto Emerging Innovation category with a further four for the Growth Category.
These eight finalists are in the running for the main award which comes with a $70,000 prize.
Additionally, another 12 finalists were selected for three Platinum Awards:
- Wesfarmers Wellbeing Award;
- Business News Great for the State Award; and
- Woodside Oil & Gas Award.
VeinTech co-founder Nicholas Buckley told Startup News the company is “thrilled” to be nominated as finalists.
“It feels fantastic to be nominated, and be lucky enough to be counted amongst such esteemed company,” said Nicholas.
All finalists will receive specialist pitch presentation training along with mentoring, digital and social media strategy to help highlight how their innovation will benefit the state.
Additionally, the eight program finalists will be given professional photography and video packages.
The awards are funded through the WA government’s New Industries Fund.
“These awards provide a platform to support Western Australia’s brightest innovators and help them develop the full potential of their ideas,” said Don Punch, Minister for Innovation and ICT.
Rio Tinto Growth Category
Company | Project Title |
Gridcognition | Digital twin for planning and optimising distributed energy projects |
Project Match Australia (MyPass Global) | Digital worker skills passport (MyPass) |
Roofus Tools Pty Ltd | Roofus multi-purpose angle square |
Terra15 Pty Ltd | Infrastructure monitoring for smart cities and mine sites |
Rio Tinto Emerging Category
Company | Project Title |
Environmental Water Solutions (Complete Home Filtration) | PFAS Filter – Attapure |
UWA | Apricot – Advanced coronary artery assessment |
Vision Pharma Pty Ltd | VP-001 and VP-002 to treat inherited retinal diseases |
Whole Green Foods | Novel whole-food processing of plant-based ingredients and flavours |
Business News ‘Great for the State’ – Platinum Award
Company | Project Title |
Avicena Systems Ltd | Ultra-high throughput, accurate, rapid screening system for COVID |
Environmental Water Solutions (Complete Home Filtration) | PFAS Filter – Attapure |
VeinTech | VeinWave: Right vein, first time, every time |
Vision Pharma Pty Ltd | VP-001 and VP-002 to treat inherited retinal diseases |
Wesfarmers Wellbeing – Platinum Award
Company | Project Title |
Environmental Water Solutions (Complete Home Filtration) | PFAS Filter – Attapure |
UWA | Apricot – Advanced coronary artery assessment |
VeinTech | VeinWave: Right vein, first time, every time |
VitalTrace | A novel device for monitoring babies during child birth |
Woodside Oil & Gas – Platinum Award
Company | Project Title |
9 Tech Solutions Pty Ltd | NETAS Altilium hydrogen battery energy storage system |
iRPM Pty Ltd | Innovative Reservoir Petrophysical Modelling |
Courses2Careers Pty Ltd t/a VooGlue | VooGlue App |
Sapien Cyber Ltd | Building Management Systems Cyber Security |
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New Industries Fund is a sponsor of Startup News