The search for Western Australia’s latest innovators is now on with Innovation and ICT Minister Dave Kelly opening applications for the 2019 WA Innovator of the Year program.
The program, which started 13 years ago, acknowledges and rewards exceptional Western Australian innovators who have developed outstanding products, technology or services.
“This program has a proven track record of supporting innovative local companies to commercialise their unique products, and grow their businesses to create WA jobs and boost the economy,” said Kelly.
Winners will share in a prize pool of $150,000 to help commercialise their innovation, and the overall winner will receive a prize of $70,000.
To apply, the innovation must be at the emerging or growth phase of development and demonstrate an economic, social or environmental benefit for the state.
Sixteen semi-finalists will be awarded and will receive intensive business commercialisation training, including pitch presentation training, one-on-one mentoring, a legal health check and financial planning tools. Eight finalists will also receive a professionally edited video of their innovation.
Udrew, last year’s Innovator of the Year, which went on to win the People’s Choice Award at the Australian Proptech Summit, opened its first office in Perth.
Udrew is expected to increase its staff from one person last year to 18 by the end of this financial year.
Sponsors of the program include Rio Tinto, Woodside, South32, Business News, DXC Technology, iPREPWA, Wrays, CERI, Watermark, Murfett Legal, and Moore Stephens.
Applications close on April 29, 2019.