Applications for MAGS 2025 are now open! Apply online now. Closing 9 December 2024.
About
This Health and Medical Life Sciences Market Access Grant Scheme aims to assist Western Australian small and medium enterprises (SMEs) that operate in this sector with the costs of attending national and international conferences and events to help support their business growth; access to investment; and potential partnerships.
The level of funding support is 80% of eligible costs (excluding GST) and up to a maximum of $5,000 per company.
$100,000 has been allocated to this third round, which is valid for travel in 2025. The round is now open and closes when all funds are expended.
To find out more, read the information below. Eligible businesses are invited to apply through this online MAGS Portal.
Important - Please ensure you download and read the Guidelines document prior to applying as it contains further information.
Step 1 - check eligibility
Show moreApplicants must meet all of the following criteria to be eligible for assistance under the program. However, there is a limited amount of grant funding available.
- Have applied through mags.grantplatform.com(link is external)
- Live in WA;
- Are a company that operates in the Health and Medical Life Sciences sector and are developing or expanding health and medical life science technology in Western Australia (does not extend to include consultants);
- Are not requesting funding for activities that are supported through another funding program external to your company;
- Are a registered business based and headquartered in Western Australia plus at least one of the following:
- have been operating for at least 24 months at the date of application
- are a spin-out of a university or medical research institute
- Your business is targeting a market(s) for your partnering, investment, export and/or trade activities;
- Your business/organisation is a small to medium enterprise that employs fewer than 200 people or a not-for-profit group/industry association/business council that employs fewer than 200 people and is a legally constituted not-for-profit organisation recognised by JTSI;
- Your business/organisation holds at least one of the following:
- A valid Certificate of Incorporation
- A current Australian Business Number (ABN)
- A current Australian Company Number (ACN)
- Your business/organisation is a legally solvent entity;
- Your business/organisation is willing, and has the financial capacity to contribute, at least 20:80 applicant-to-Western Australian State Government funding;
- Your business/organisation confirms that only one application by your company has been submitted for the grant;
- Your business/organisation confirms that it will utilise the funds (if successful) only on eligible travel costs to the stipulated major industry conferences or business events;
- Your business/organisation confirms that the requested eligible expenditure is for future activity that will commence in and be completed in 2025;
- Can justify alignment with the Health and Medical Life Sciences Industry Strategy and the proposed outcomes generated for your business and Western Australia.
- Can demonstrate a proposed travel budget with quotes and costs to the value of your asking amount.
- Your business/organisation has NOT previously received nor is likely to receive other Western Australian Government funding for the same project/initiative.
Step 2 - how to apply
Show moreIn order to be considered eligible, and to be included in the process, an application must be received via the MAGS online portal(link is external). The grant process will close once all funding has been expended. Applications received after this time will not be considered.
Step 3 - completing your application
Show moreApplications are assessed against the eligibility criteria as well as the round objectives.
In addition, the following documents are required at application:
- Project budget with quotes and estimates for costs.
Step 4 - assessment process
Show moreThe Department will convene a panel to assess eligible applications based on the criteria, and to make recommendations for funding.
To assist with their decision-making, the panel may seek advice from individuals with expertise in the area/s under consideration. They may also request further information from applicants if needed, to support claims against the criteria.
Panel deliberations and all related information and material are strictly confidential, subject to the requirements of the Freedom of Information Act 1992.
The final approval for applicant funding lies with the Department.
The Department’s decision is final and no further correspondence will be entered into.
Need support?
Show moreIf you have any queries, you can contact the Life Sciences team at JTSI via email: lifesciences@jtsi.wa.gov.au