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Science and innovation co-investment programs

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Presentation on theme: "Science and innovation co-investment programs"— Presentation transcript:

1 Science and innovation co-investment programs
Industry, Science and Innovation Division Department of Commerce

2 Western Australian Innovation Development Schemes
To encourage, facilitate and assist the development of industry, trade, science, technology and research in Western Australia.

3 Current co-investment programs
Innovation Investment Facilitation Program Innovation Promotion Program Innovation Vouchers Program

4 Innovation Investment Facilitation Program (IIFP)
AIM: to support state, national and international R&D funding applications (external R&D funding bids) to successfully leverage significant Commonwealth, international or industry R&D funding into Western Australia. eg IIFP supports bids to external funding programs such as CRC, ARC, EU, NIH etc. $20,000 to $100,000 IIFP co-investment available per successful application over one year. Requires matching 1:1 committed applicant cash funds for external funding bid development. The value of targeted external funding program funds attracted to Western Australia must be $0.5 million or greater. The external funding program round closing date must be after 1 January 2013. Contact Simon Aarons at the Department of Commerce ( ) to discuss application

5 Innovation Promotion Program (IPP)
AIM: to promote and raise the level of participation in science and innovation that may create new opportunities for development of industry in Western Australia. eg support for conferences, events and (education) programs. Maximum of $25,000 per successful application over one year. Requires matching 1:1 committed applicant cash or in-kind funds for the initiative. The initiative must be undertaken in 2013. Applications to be received by 3 pm 4 October 2012. Contact Howard Shawcross, Department of Commerce ( ) to discuss application

6 Innovation Vouchers Program (IVP)
AIM: to enable small-to-medium enterprises (SMEs) to have access to, and establish collaborative relationships with, research providers and/or specialist commercialisation support services. eg support SMEs for technical development, compliance testing, engineering design work, IP protection/licensing etc. Maximum $20,000 per voucher over one year. Minimum 20% cash co-investment required from applicant for activity. Applications to be received by 3 pm 27 September 2012. Contact Commercialisation Advisors at the Innovation Centre WA ( ) to discuss application

7 Future co-investment programs
ECU Office of Research and Innovation will be directly informed of the launch of science and innovation co-investment programs. ECU Office of Research and Innovation will also be provided with appropriate website information, documents, deadlines and contact details.


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