Advice & Programs to Build Capability
There are a range of State and Federal Government financial assistance and advisory programs available to support small to medium sized businesses and help them build capacity and capability to compete for Government supply opportunities.
Explore the links below to find out how these programs can help your business.
Grants, assistance & other support
The Local Capability Fund (LCF) is an initiative under the State Government's Plan for Jobs. The purpose of the fund is to assist small and medium enterprises (SMEs) in Western Australia to increase their capability and competitiveness as suppliers of products, services and works to the Western Australian State Government, major projects and other important markets.
The LCF typically provides funding assistance on a dollar for dollar basis for activities such as planning, improvements to internal infrastructure, plant and equipment and training.
The State Government established the fund to provide a source of funding to support the implementation of innovative clean energy projects in Western Australia that offer high public value through delivering or leading to significant reductions in greenhouse gas emissions. Ministerial priorities for this first funding round will prioritise innovative clean energy projects at significant facilities in regional and remote Western Australia. Clean energy projects will be eligible for funding of between $250,000 and $2 million per project, with the State Government funding up to 25 per cent of eligible project costs. The fund is administered by the Department of Water and Environmental Regulation with support from Energy Policy WA with the Minister for Environment and the Minister for Energy as joint decision-makers.
Get Your Business Growing
This Australian Government initiative offers a range of programs and financial incentives to help small to medium businesses hire and train new staff. Businesses may be able to access financial incentives of up $10,000 to cover the costs of employing new staff, or up to $20,500 to hire an eligible apprentice or trainee.
Small Business Development Corporation
The Small Business Development Corporation provides free advice and practical support for small
businesses in Western Australia.
New Industries Fund
The $16.7 million New Industries Fund was developed to support and accelerate new and emerging businesses, in order to diversify the economy and create new jobs for Western Australians. The Fund will support a series of initiatives including Innovation Hubs, business growth programs, sponsorship, investment attraction, and industry-university collaboration and research programs. $4.5 million of funding will be allocated to regional Western Australia to support the capability and economic sustainability of regional economies. Future initiatives will be guided by the innovation sector, and announced in due course.
The Department of Training and Workforce Development is responsible for the whole of government implementation of the new Priority Start policy, which replaced the Government Building Training Policy on 1 April 2019.
Priority Start applies to all State Government building, construction and maintenance contracts valued over $5 million (incl GST), resulting from tenders issued from 1 April 2019. Under the policy, all head contractors awarded these contracts are required to meet a target training rate for employment of apprentices and trainees, across the Statewide combined construction trades workforce of their company and all subcontractors used for the contract. More information about this policy is available here