Creating local jobs and economic diversity

The Investment Attraction Fund (IAF) was established to encourage new investment in Western Australia that will create local jobs and contribute to a more diversified economy.  

The IAF will enable investment into a range of industries, facilitating a more targeted and coordinated approach to investment attraction supporting the WA Government's economic diversification framework, Diversify WA.

It builds on WA's existing strengths and industry knowledge. Prioritising identified projects and sectors for strategic development including energy primary industries, defence, space, health and medical life sciences, international education, tourism, events and creative industries, and mining equipment, technology and services.

Any questions about the Investment Attraction Fund can be directed to


WA ocean

New Energies Industries Funding Stream

Learn more about this specialised fund stream.

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Meet the recipients

Ground-breaking projects across Western Australia have received support through the Investment Attraction Fund.

Revitalising the heart of Geraldton

Geraldton’s West End Precinct is set to benefit from a multifaceted attraction that showcases the best of what the region has to offer, including the creative arts, indigenous culture, and local food and beverage.

Burt Cooper Pty Ltd successfully applied for a grant through the first round of the WA Government’s $285 million Investment Attraction Fund.

This tourism, cultural, creative and historical development in the heart of the Geraldton is estimated to unlock approximately $16 million in capital investment, create more than 130 full time direct and indirect jobs and incentivise further investment and development opportunities in the region.

Launched in March 2022, the Investment Attraction Fund aims to encourage new investment that will create local jobs, increase demand for local goods and services, and secure trade in new sectors and with new markets.

If you are looking for opportunities in business, investment or trade, contact our experienced team at Invest and Trade WA on

Published on: 12 May 2023

Investment attraction fund

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Future State

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Diversify WA
Diversify WA

The state’s economic development framework sets out initiatives, actions and strategies to achieving its vision for “a strong and diversified economy delivering secure, quality jobs through increased investment across a broad range of industries."

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Environmental, social and governance

Western Australia is strongly positioned to be a supplier of choice in a cleaner, more diverse, inclusive and responsible global economy.

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Get in touch

If you are looking for opportunities in business, investment or trade, contact our experienced team at Invest and Trade WA.

Our in-house experts can support you directly and provide referrals or introductions across our network of overseas offices, industry bodies and government agencies.


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