Startup News

StartupWA awarded $160K from New Industries Fund

Charlie Gunningham
Charlie Gunningham
// // Announced at the opening of this week's West Tech Fest, Innovation Minister Dave Kelly announced $160K in support for WA's startup advocacy group...

// Announced at the opening of this week’s West Tech Fest, Innovation Minister Dave Kelly announced $160K in support for WA’s startup advocacy group…

Innovation and ICT Minister Dave Kelly announced at this week’s West Tech Fest that the McGowan Government would partner with startup advocacy organisation StartupWA over the next two years.

$160,000 of funding will be provided over two years to facilitate a series of summits aimed at showcasing local talent and startups as well as helping them access the opportunities they need to grow their business in Western Australia.

The summits will be targeted at new opportunities for local early-stage businesses and start-ups, with a particular focus on female-led, Aboriginal and regional businesses.

The funding will also be used to engage a part-time employee at Startup WA to manage events and strengthen the organisation’s ability to support the local startup ecosystem.

The funding comes from the $16.7 million New Industries Fund which was established to support and accelerate new and emerging businesses to diversify the Western Australian economy and create new WA jobs.

StartupWA awarded $160K from New Industries Fund
Minister Kelly at WestTechFest this week

“Supporting startups, emerging businesses and small enterprises to scale up or become investor-ready is important for the growth and diversification of our economy and creating WA jobs,” said Minister Kelly.

“Local startup companies have the initiative and drive to grow the Western Australian economy, and we want to empower these startups to remain in the State.”

Minister Dave Kelly

StartupWA is a non-profit organisation that advocates for WA to be recognised as a global hub for entrepreneurial and technological talent.

Chair Tom Goerke also addressed the West Tech Fest conference, acknowledging the new funding and imploring the state to diversify its economy.

“47% of the WA economy is mining and resources,” said Tom. “If WA was a company, then the board would be asking questions about why it had such a huge reliance on one income stream.”

“We simply have to diversify our local economy.”

Tom Goerke, Chair, StartupWA

Other supporters of the 2021 StartupWA summit series include Minderoo Generation One, City of Perth, AiGroup, MeshPoints, Curtin University, AICD WA, AgriStart, Atomic Sky, Spacecubed, Perth Angels, WiTWA (Women in Technology WA), South West Angels and Techboard.

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Feature Photo: Tom Goerke at WestTechFest.

The New Industries Fund is a sponsor of Startup News.

To learn more about the New Industries Fund, visit http://www.wa.gov.au/new-industries-fund, for more about StartupWA, visit https://www.startupwa.org or for information about West Tech Fest, visit https://www.westtechfest.com.

Read more of the latest news from the startup ecosystem here

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Charlie Gunningham

Charlie Gunningham

Former co-founder aussiehome.com, GM reiwa.com, CEO Business News and Accelerating Commercialisation adviser. Charlie has spent 20+ years in Perth's startup scene, as founder, mentor, adviser, writer and investor. There's nothing he likes more than helping early stage tech startups ... and drinking coffee, shiraz or playing in a blues band. Email Charlie here.
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