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.
New round of applications open
New Energies Industries Funding Stream
Learn more about this specialised fund stream and how to apply.
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 Investandtrade@jtsi.wa.gov.au
Published on: 12 May 2023
Investment attraction fund
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."Read more
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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