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

EOI submission is open until 01 December 2023.

Ventures must:

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

Services will include:

‣ up to $10,000 of funding support
‣ up to $10,000 of one-on-one support
‣ investment-readiness assessment and plan
‣ 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 months.

Scale of opportunity:

Up to 35 ventures will receive an initial diagnosis, recommendations, and referrals. Up to 10 receiving up to 10,000 cash support and/or $75,000 worth of subsidised services. 

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.

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.