Up to $20K Funding for Port Hedland and Newman Businesses

16 June
  • Up to $20,000 in matched funding available for local businesses

A seventh round of the State Government's Industry Facilitation and Support Program (IFSP) was launched today to help Western Australian-based businesses improve their performance, productivity and competitiveness.

 

Commerce Minister Michael Mischin said since the dollar-for-dollar industry assistance program was introduced in 2011, $3.3 million had been committed to 277 small-to-medium sized enterprises (SMEs).

 

Mr Mischin said this had resulted in more than $208 million in contract awards and 353 new employment opportunities, including 35 apprenticeships.

 

The Minister said BHP Billiton had contributed funding towards the program to support local businesses and promote economic diversification in its host communities.

 

"Eligible Port Hedland and Newman-based business can apply for up to $20,000 to build competiveness to successfully bid for a greater number of business opportunities within the region and beyond," he said.

 

"Supporting local businesses is an ongoing priority for the State Government and BHP Billiton, which has an impressive track-record of sourcing about 75 per cent of goods and services each year for its operations from WA businesses.

 

"BHP Billiton's support will help continue the success, reach and effectiveness of the IFSP, which is a key initiative under the Western Australian Government's Local Industry Participation Framework."

 

Fact File

  • The Department of Commerce is holding the first supplier information briefing today at the Ibis Styles Hotel in Port Hedland and will also be in Newman on June 23, 2015 at Newman House
  • For more information, email industry.participation@commerce.wa.gov.au or visit http://www.commerce.wa.gov.au

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