There are only seven business days remaining to submit your application to the Innovation Vouchers Program (IVP).

This WA State Government initiative allows for funding of up to $20,000 per voucher to be awarded to eligible SMEs. Recipients will need to provide a net cash co-investment of matched funds at a rate no less than 20:80 of applicant to State Government funding.

State Government funding provided under the IVP is intended to support SMEs to access professional skills, services or knowledge that will enable these entities to advance an innovation or commercialisation activity in Western Australia. Funding applications must fall under one of the IVP eligible expenditure categories:

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

Eligible expenditure must be incurred on or after the date the financial assistance agreement is executed. Please get in touch with your attorney if Spruson & Ferguson can assist with your IVP application by tailoring the timing of intellectual property advice and services, or the associated invoice.

Applications close 11:00am 28 March 2018.
For program details, visit: http://www.newindustries.wa.gov.au/opportunity/innovation-vouchers
Application is online via the IVP grant platform https://innovationvouchers.grantplatform.com/

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.