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What is the Local Capability Fund?
The Local Capability Fund (LCF) is a program that aims to assist small and medium enterprises (SMEs) in Western Australia to increase their capability, capacity and competitiveness as suppliers of products, services and works to the Western Australian Government, major projects and other important markets.
Background
The Local Capability Fund typically provides funding assistance on a dollar-for-dollar basis for activities such as planning, improvements to internal infrastructure, plant and equipment and training.
The fund can be used for expenses such as meeting essential pre-qualification requirements for supply-chain entry, buying and upgrading essential equipment, and engaging consultant expertise for advice on a range of matters including occupational health and safety, marketing, finance and cybersecurity.
Funding Rounds
There are 3 rounds available in the 2022-23.
National and International Standards Compliance Health and Medical Life Sciences Round
The objective of the Health and Medical Life Sciences Round is to assist Western Australian SMEs that operate in the Health and Medical Life Sciences sector, or are in partnership with a company in this field, with the costs of engaging external expertise to carry out the implementation and third party certification of national and international standards.
The level of funding support under the National and International Standards Compliance Round of the LCF is 75% of eligible costs (excluding GST) up to a maximum of $20,000 per successful applicant.
Applications close 8 March 2023.
Pilbara Regional Round
The objective of this round is to provide funding support to Western Australian businesses to enhance their capacity, capability and competitiveness to participate as suppliers of products, services and works to state or local government agencies, the Australian Government and the private sector.
The level of funding support under the Pilbara Regional Round is 75 per cent of eligible costs (excluding GST) up to a maximum funding level of $20,000 per successful applicant.
Applications close 20 January 2023.
Great Southern Regional Round
The objective of this round is to provide funding support to Western Australian businesses to enhance their capacity, capability and competitiveness to participate as suppliers of products, services and works to state or local government agencies, the Australian Government and the private sector.
The level of funding support under the Great Southern Regional Round is 75 per cent of eligible costs (excluding GST) up to a maximum funding level of $20,000 per successful applicant.
Applications close 13 January 2023
Need Assistance?
Call 1300 658 508
Eligible Projects
The Local Capability Fund can be used for expenses such as:
- Improvements to internal infrastructure, plant and equipment.
- Training.
- Meeting pre-qualification requirements for supply-chain entry.
- Buying and upgrading essential equipment.
- Engaging consultant advice on a range of matters, including occupational health and safety, marketing, finance and cybersecurity. planning, improvements to internal infrastructure, plant and equipment and training.
Eligible Applicants
To be eligible for funding, applicants must:
- Be registered for GST;
- Have an Australian Business Number (ABN);
- Be a company or trustee incorporated in Australia;
- Be a for-profit organisation or business (i.e. not-for-profits and charities are ineligible);
- Have been operating for at least 3 years at the time of submitting an application for funding;
- Have its principal place of business (operating facility) in Western Australia and continue to be based in Western Australia for at least the next 12 months following application submission date; and
- Employ less than 200 people.
More Information
Need Assistance?
Call 1300 658 508
Latest News
Local health and medical life sciences companies are being supported by the WA Government to gain internationally recognised third-party quality certifications.
Grants of up to $20,000 will be made available to eligible businesses to attain relevant ISO certifications. The two different standards are ISO 9001, which relates to quality management, and ISO 13485:2016, which is specific to the management of medical devices.
Three new rounds of the $2 million Local Capability Fund (LCF) have been announced by the WA state government. The grants are designed to help local businesses bid and win government contracts. The LCF was launched at an Aboriginal Business Forum in Geraldton last week.
Grants of up to $50,000 will be awarded to boost the capability of Aboriginal businesses. SMEs with majority Aboriginal ownership will be eligible to apply for the Aboriginal Business Round.
The other two LCF rounds will target vendors wanting to supply key major projects worth grants of up to $50,000, and a national and international standards compliance round with grants of up to $20,000.
Successful businesses will be able to use the grant money to cover costs for buying and upgrading essential equipment or meeting essential pre-qualification requirements for supply chain entry.
Grant money for the third round of funding for small and medium sized enterprises (SMEs) is being offered by Western Australia’s government. Grants from the major projects round must relate to civil construction and infrastructure projects listed on WA’s Pipeline of Work website. Funding will be given to SMEs wanting to access contracts on other major public or private sector projects.
