The Cook Government, in a landmark partnership with global tech accelerator Founders Factory, has officially launched a new AUD $7.2 million programme aimed at climate-focused startups in Western Australia. Six pioneering companies have been named as the first recipients of seed funding, kicking off an initiative designed to turn the state into a hub for nature technology and sustainable innovation.
A Major Boost for WA’s Climate Tech Scene
This significant investment is set to supercharge the local startup ecosystem. The core mission of the Founders Factory Nature Tech Accelerator is to attract and nurture innovators who are developing technologies to protect the environment and improve biodiversity.
The collaboration represents a major vote of confidence in Western Australia’s potential. By providing critical early-stage funding and support, the government aims to ensure that promising local companies can grow into global players without needing to move elsewhere. This strategy is designed to retain top talent and build a self-sustaining innovation landscape within the state.
Minister Stephen Dawson expressed his enthusiasm for the project. He noted, “Founders Factory is renowned worldwide as being one of the best commercialisation accelerators and having the opportunity to nurture local startups here is an incredibly valuable opportunity.”
Meet the First Wave of Innovators
The first group of six startups selected for the programme showcases a wide range of creative solutions to pressing environmental issues. Each of these companies will receive an initial AUD $50,000 in seed capital to help them develop their ideas and move toward commercial viability.
The chosen startups are working on everything from seaweed products to advanced soil testing, reflecting the diverse challenges in climate and nature tech.
- SeaStock: Producing valuable compounds from seaweed and gas.
- Agra: Developing sustainable systems for crop production.
- OceanHex: Focused on large-scale kelp reforestation efforts.
- Nitronic: Creating sustainable nitrogen fertiliser using innovative plasma technology.
- Call to Country: Helping businesses integrate indigenous engagement and cultural awareness.
- X-Centric: Building high-performance instruments for soil testing.
What the Accelerator Offers Startups
The three-year programme is more than just a financial handout. It provides a comprehensive support structure tailored to the unique needs of early-stage companies. Founders Factory is setting up a dedicated team in Perth to deliver this hands-on assistance.
This support includes strategic guidance, access to a global network of experts and investors, and a bespoke four-month accelerator phase. The goal is to provide startups with all the tools they need to achieve their global scaling objectives while remaining based in Western Australia.
| Feature | Description |
|---|---|
| Duration | Three years |
| Seed Capital | AUD $50,000 per startup |
| Support Structure | Wrap-around, bespoke support over four months |
| Global Integration | Access to international tech hubs and networks |
Building a Global Hub from Perth
The ultimate vision behind this partnership is to establish Western Australia as a leading destination for world-class researchers and innovators in the climate sector. By focusing on nature-related technologies, the state is carving out a unique and globally relevant niche.
The benefits are expected to be far-reaching. Beyond the direct environmental impact of the technologies created, the accelerator will stimulate the local economy, create high-skill jobs, and prevent the “brain drain” of talented founders moving to other states or countries. This initiative is a clear signal that Western Australia is serious about building a resilient and dynamic economy for the future.
