Businesses, innovators and organisations with planned, investment-ready projects are encouraged to apply for matched funding grants of up to $2 million.
The grants will support unique, innovative and sustainable projects that will create new employment opportunities, protect existing jobs and future-proof WA's regional economies.
The New Industry Development Grants form part of the McGowan Government's $80 million Native Forestry Transition plan to phase out commercial native timber logging by 2024.
The McGowan Government has also invested a record $350 million in new softwood plantations across the South West, which will create and support WA forestry jobs.
The decision to end native forest logging from 2024 will preserve an additional 400,000 hectares of karri, jarrah and wandoo forests, and protect WA's native forests for future generations.
Find out more about how to apply for the New Industry Development Grants.