- Successful recipients of Local Capability Fund grants announced
- Grants totalling $3.15 million distributed to 137 local small and medium-sized enterprises
- Part of Cook Labor Government's efforts to provide quality jobs, business opportunities for Western Australians
Dozens of local businesses have shared in $3.15 million worth of grant funding as part of the Local Capability Fund's (LCF) latest round, supporting them to pursue new opportunities and create quality jobs for Western Australians.
Grants of up to $50,000 were available to successful applicants encompassing the following four categories:
- Regional Suppliers;
- Supplying Key Projects;
- Standards Compliance; and
- Aboriginal Business.
The LCF helps to improve the capability, capacity and competitiveness of local small and medium-sized enterprises which supply products, goods and services to the State Government.
Funding across the four categories will primarily support new plants and equipment, fit outs and site upgrades, safety and compliance improvements and workforce training. Many local businesses will also use the funding to incorporate renewable energy and energy efficiency activities to support decarbonisation.
Since launching 15 years ago, the LCF has supported more than 870 local businesses and distributed more than $30 million in funding.
For more information, visit: www.wa.gov.au/organisation/department-of-energy-and-economic-diversification/local-capability-fund
As stated by Premier Roger Cook:
"My vision is for Western Australia to remain the strongest economy in the nation.
"That's why we're supporting WA businesses through the Local Capability Fund so they can continue growing, stay competitive and provide quality jobs to all Western Australians.
"Alongside my government's Made in WA plan, these grants are ensuring local businesses are ready to operate within our State's diversifying economy."
