New Industries Fund: Innovation Vouchers Program grants

The Innovation Vouchers Program is an initiative of the WA Government's New Industries Fund, which assists start-ups and small businesses to commercialise their ideas and innovations and expand to create jobs. Applications for the 2021 round are open now until 11am AWST on Tuesday, 25 May.
IVP 2021 Graphic

Program update

Applications for the 2021 Innovation Vouchers Program are now open.

Please find the 2021 applicant guideline PDF below and an informational video on this page, to assist in application submission. 

About the program

The Innovation Vouchers Program can provide your start-up or small business with the financial boost it needs to access professional skills, services or knowledge, enabling you to advance your idea or commercial activity in Western Australia.

The WA Government recognises that start-ups and small businesses have great ideas, but that taking these ideas and turning them into new and sustainable business opportunities with real commercial outcomes can be difficult.

The program is designed to assist innovators to overcome some of the barriers on the path to commercialisation. It aims to catalyse new relationships between innovators, research providers and specialist commercialisation support services, or to move tentative collaborations into a productive relationship.


Under the New Industries Fund, the Innovation Vouchers Program objectives are:

  • Stimulate the WA start-up and small business sectors by supporting innovation initiatives.
  • Decrease the commercialisation gap.
  • Activate industry-government-research collaborations.
  • Increase research and development (R&D) investment into WA.
  • Promote job creation and economic diversification in WA.

The purpose of the Innovation Vouchers Program is to:

  • help develop new or enhanced commercially-ready products or services
  • establish prototypes, processes or systems to attract additional investment
  • address a particular technical problem that cannot be solved by the applicant, or for which the solution is not readily available.

The program allows for funding up to $20,000 vouchers to be awarded to eligible start-ups and small businesses. Recipients will need to provide a net cash co-investment at a rate of at least 20:80 applicant-to-state government funding.

Funding applications must fall under one of the Innovation Vouchers Program eligible expenditure categories:

  • Research and Development
  • Product Development
  • Technology Transfer and Intellectual Property
  • Commercialisation Support Services.

How to apply

Applications for the 2021 round are open now until 11am AWST on Tuesday, 25 May 2021.

Applications are completed through the online portal

For the latest updates, subscribe to the New Industries WA newsletter or follow us on Twitter @NewIndustriesWA

Questions? Contact us at

Information Video & Applicant Guidelines

The 2021 Innovation Vouchers Program Applicant Guidelines are available for download by clicking the link below. 

Please note: the Applicant Guidelines and Information Video reference the program launch as being Tuesday 27 April 2021 however, the opening date is Friday 30 April 2021. 

2020 Innovation Voucher recipients

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2019 Innovation Voucher recipients

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2018 Innovation Voucher recipients

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  • Apetics - Battery-powered peristaltic micro doser for winemaking
  • Atom Minerals Pty Ltd - Precious metal recovery; Detoxification of contaminated mine sites
  • AutiSense Pty Ltd - Dental detectives check: digital preventive oral healthcare platform
  • Cadds Group Pty Ltd - Hydraulic drive shaft handler
  • Custom Carbon Pty Ltd  - Advanced manufacture of customised composite cycling shoes
  • Dr CHill  - Bougie and endotracheal tube connector device
  • EcoDrive AeroEngines Ltd - EcoDrive AeroEngine
  • Electro.Aero Pty Ltd - Prototype ElectrDuct 115 propulsion systems for sustainable aviation
  • Energon Pty Ltd - Solar farm combined with crypto mining operation
  • Galvin Engineering - Safe-connect shower
  • GENiUX - Geniux Go (Ggo)
  • Healthregen Pty Ltd - Game-changing therapies for pandemic diabetes
  • M3B Labs Pty Ltd - Disrupt the labour market for WA mums
  • IQ Seven Actionable Intelligence Pty Ltd – independent website intelligence platform for small businesses
  • iSOL8 Pty Ltd - ISOL8
  • Laconik - Spatial data to improve on-farm fertiliser decisions; Play’N to Win
  • LIVEstock Pricing Pty Ltd - Livestock pricing
  • Poach Pear - Artisan plant-based pate utilising secondary produce and fortified with B12
  • ProofDB Pty Ltd - Global permanent vaccination record for companion and eventing animals
  • Red Rust Contracting - Barbed wire fence strainers
  • Salutem Analytics - Scan2Detect
  • Syrinx Environmental Pty Ltd - Green Infrastructure Assessment Matrix (GIAM) Web Application
  • Triphasic Cardiac Pump Pty Ltd - A novel cardiac pump for physiological perfusion.

2017 Innovation Voucher recipients

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Page reviewed 10 May 2021