A new funding program is offering WA mining equipment, technology and services (METS) companies grants of up to $250,000.
The $3 million METS Innovation Program, led by the State Government’s Minerals Research Institute of WA (MRIWA) seeks to broaden support for METS companies servicing the local mining industry by fostering innovation to develop and commercialise new technologies.
The program is inspired by the success of Portable PPB, a CCIWA Member who was recently named WA Innovator of the Year for its detectORE technology which enables gold analysis in the field.
"Western Australia's mining sector is world-leading, and continued R&D is critical to ensuring the State is well positioned as global supply chains transition to cleaner and more innovative solutions,” says Mines and Petroleum Minister, David Michael.
He says METS companies, such as Portable PPB, play an important part in the mining innovation lifecycle.
“These companies can translate new knowledge created through research into the required solutions which can be readily adopted by the mining industry,” Minister Michael says.
"This innovation program is intended to assist METS companies to develop products and services to deliver efficiencies, increase productivity and increase the competitiveness of the WA mining sector, as well as open new international markets for their products."
The program will support the development of new technologies in MRIWA's strategic focus areas, such as low-emissions technologies, precision and low-impact mining, critical minerals and the alternative use of tailings and waste. It includes:
- A matched funding grant scheme for eligible and successful grant holder companies for collaborative projects.
- Assistance in connecting with potential collaborators and sponsors.
- Support in navigating the innovation ecosystem and other available forms of support.
MRIWA encourages applicants to discuss their proposal with one of its research portfolio managers prior to commencing an application.
There are currently three submission deadlines to align with MRIWA Board meetings for consideration:
- March 5, 2024
- June 4, 2024
- September 3, 2024
CCIWA’s Grant Finder can help you identify which local, state or federal government grants best suit your business needs.
