New Industries Fund: Western Australia’s Innovators of the Year

The 2025 program applications to open soon in May 2025.

Western Australia’s Innovators of the Year 2025

The Western Australia's Innovators of the Year (WAIOTY) Awards has showcased innovative and entrepreneurial individuals, businesses and creative minds since 2006. The program has benefited many of those who have participated, as well as the broader community of WA.

The 2025 program recognises Western Australian innovators with 7 awards. The winners will share in a prize pool of over $280,000, with the winners in the Emerging and Growth categories to be awarded $60,000 each.

This year, the program introduces a new Award category: WA Young Innovators of the Year, recognising outstanding high school aged individuals or teams driving innovation for WA.

Committed to raising the profile of innovation in WA and to advance the growth of our innovation-based industries, the program is a valuable initiative, which provides support to innovators and entrepreneurs across WA.

The 2025 program applications to open soon in May 2025.

Objectives

Through the New Industries Fund, the objectives of the WAIOTY program are to:

• promote and acknowledge the success of Western Australian innovators;
• encourage co-support from industry for promotional activities;
• activate and strengthen industry-government research collaborations;
• engage communities throughout Western Australian regions in innovation; and
• promote job creation and economic diversification in Western Australia.