Blue Gravity will support the growth of high-potential marine innovations and facilitate collaboration amongst stakeholders in WA’s ‘blue economy’. The activities include services, education, events, partnership facilitation, investment brokering and communication.

EOIs are open now, services open on 1 March 2022

Ventures must:

‣ be ocean-focused,
‣ have growth aspirations,
‣ have a products or services at prototype stage.

Services will include:

‣ investment-readiness assessment and plan,
‣ up to $10,000 of one-on-one support,
‣ scholarships to incubation programs,
‣ workspace at a blue economy hub,
‣ subsidised access to forums,

Investment:

Ventures must be willing to invest time in
growing your business, and be seeking additional talent, partnerships or funding to grow significantly in the next 6-12 months.

Scale of opportunity:

Up to 50 ventures will receive an initial diagnosis, recommendations and referrals. Up to 23 receiving a combination of the subsidised services, with 5 receiving the highest level of acceleration support.

Ventures must:

‣ be registered or operating in WA's regions,
‣ have growth aspirations,
‣ be investing in innovation,
‣ have products or prototypes (beyond an idea).

Delivery

Mix of in-person and virtual.

Investment

The primary investment is time in
growing your business: at least one hour and up
to thirty hours. There are caps on the subsidies
available for travel and advisory.

Evaluation

You will complete reports on progress and a short evaluation to assess benefits and improve future programs.