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.
Local solar glazing company receives up to $2m grant
Solar integrated glazing company, ClearVue Technologies today, is the latest recipient for a grant fund of up to $2 million with the signing of a Financial Assistance Agreement today.
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.
A trailblazer in the field of advanced solar glazing and window solutions, ClearVue, is a genuine WA success story. With their patented technology, this grant will enable them to manufacture key components used in their patented solar-integrated glazing units and windows at a new plant based in Perth.
The company plans to develop an assembly line to manufacture the solar photovoltaic strips used for solar collection in ClearVue’s solar windows and facades as well as manufacturing nanoparticles and quantum dots generating employment opportunities in this sector.
These components will be shipped throughout the country and internationally to the company’s licensed manufacturers for use in end-product solar façades and windows.
This grant to facilitate ClearVue’s plans to bring the fabrication of its product onshore is delivered by the Investment Attraction Fund, with the aim of supporting the State’s economic diversification priorities.
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: 26 May 2023
Investment attraction fund
Future State
Building on the Diversify WA economic framework, Future State focuses on the most significant opportunities to drive international investment to support WA’s economy.
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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.
Read moreGet 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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