The State Government has launched a new round of Local Capability Fund to assist local businesses to compete for State Government supply contracts. The Western Australian Industry Participation Strategy (WAIPS) – Local Capability Fund (LCF) round is an initiative under the Government’s Plan for Jobs.
The WAIPS aims to provide local businesses with full, fair and reasonable opportunity to access and win State Government supply contracts. In particular, it focuses on small and medium sized enterprises, which make up approximately 97% of businesses in Western Australia.
The level of funding support under this specific LCF round is 50% of eligible costs up to a maximum of $20,000 (excluding GST) per successful applicant. This LCF round will focus on competitive SMEs in Western Australia who are seeking to specifically enhance their capabilities, increase their competitiveness and better prepare to participate as suppliers of products, services and works to Western Australian State Government agencies and trading enterprises – the market.
Find more information and download application forms here.