About
The Innovation Booster Grant (IBG) is a competitive Western Australian Government grant, funded through the $40 million New Industries and Innovation Fund (2025-29).
The IBG is administered by the Department of Energy and Economic Diversification (DEED) and backs early-stage founders, innovation-driven SMEs, and startups in Western Australia to strengthen capability and commercialise innovative projects.
In 2025, the maximum grant amount has increased from $40,000 to $50,000 to maximise the impact on Western Australia’s innovation sector.
Matched funding requirements for targeted cohorts have been reduced to encourage applications from:
- businesses headquartered in regional WA
- First Nations founded businesses, and
- female founded businesses
For further information please refer to the Innovation Booster Grant - 2025 Guidelines, the Innovation Booster Grant - FAQ and the other documents provided below.
An IBG Information Session for applicants was held on 24 September 2025 and a copy of the presentation is available in the documents below. If you would like to view a recording of this session please email innovationbooster@jtsi.wa.gov.au to receive a link.
First Nations founded businesses are eligible for grant writing support from a First Nations grant writing service. Please contact innovation@jtsi.wa.gov.au for more information and to access this support service.
Funding
Show moreA maximum of $50,000 grant is available per application.
Recipients are required to provide matched funding of either 15% or 20% of the project costs, depending on the tier that they are under.
Projects must be completed with 12 months of execution of a Financial Assistance Agreement (FAA):
- 50% of the funds will be made available on execution of the FAA
- The remaining 50% of funds will be made available at the end of the project, once all project work has been completed and a final acquittal report has been provided to and approved by DEED.
See the IBG Guidelines and FAQ for further information.
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