The state government will hold a Regional Innovation Summit this month to help guide the $4.5 million regional component of the New Industries Fund.
The summit, which will be held in Bunbury on November 23, aims to see Western Australia’s regional innovators and leaders in business help establish the agenda for job creation, skills development and entrepreneurship in remote and regional areas.
The resources sector has been affected by structural changes in recent years, having an impact on regional economies.
Regional Development minister Alannah MacTiernan said the goal was to leverage the best ideas and competitive advantages to entrepreneurship and innovation across WA.
“We need to drive diversification across regional WA to end the reliance on single industries in regional cities and towns, and support 21st century jobs,” she said.
Industry and community leaders from across the state will be invited to discuss potential models for fostering innovation and entrepreneurship in regional areas.
