Fund
Fund
As a key activity in Spacecubed’s Innovative Society Initiative, supported by Lotterywest, the Innovative Society Fund supports innovators and changemakers through the three streams listed below.
Provides founders/teams going through an existing Incubator or Accelerator programs funding test early-stage ideas. Funding can be used for direct expenses like prototyping, product testing or marketing.
Funding for ‘top of the funnel’ events and programs that encourage new people or organisations to participate in the innovation and entrepreneurship ecosystem.
Supports incorporated not-for-profit organisations seeking to develop or deliver an initiative to strengthen, progress or grow the innovation ecosystem in WA.
Other Innovative Society Initiatives...
Lotterywest IdeaStarter
The purpose of Lotterywest IdeaStarter is to support early stage ideas, and help entrepreneurs at the beginning of their journey cross the chasm between idea and market adoption with a small amount of startup capital.
Lotterywest IdeaStarter applications are reviewed on a rolling 90-day period.
Who can apply?
- Existing Incubator or Accelerator programs can apply for funding the early-stage ideas within their programs
- Lead applicant must be an eligible Western Australia not-for-profit.
How much can I apply for?
- Eligible applications can apply for up to $15,000 per founder/team
- There is no cap on total application
- Not for profit organisations are welcome to apply multiple times for the same program, over multiple cohorts
What is the assessment process?
Lotterywest IdeaStarter applications are assessed by an Independent Assessment Panel on a rolling 90-day period.
What does a good application look like?
A good application showcases an accelerator and/or incubator program that has an established track record of success. It highlights how the model for allocating funds to the startups is going to be delivered.
How do I apply?
To apply for Lotterywest IdeaStarter, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
Catalyst Inspire
The purpose of Catalyst Inspire is to attract new people to participate in the innovation and entrepreneurship ecosystem.
Catalyst Inspire applications are assessed on a rolling basis, within a maximum of 30 days after being received.
Who can apply?
- The Lead Applicant must be an eligible Not For Profit based in Western Australia.
- The Lead Applicant is required to be a registered Meshpoints Partner.
- Final applications can involve 1 or more organisations, in addition to the Lead Applicant.
How much can I apply for?
Applicants can apply for up to $10,000 per event or program under Catalyst Inspire.
What is the assessment process?
Catalyst Inspire applications are assessed by an Independent Assessment panel within a maximum of 30 days of being received.
What does a good application look like?
- Impact: Events or programs that inspire a large volume of people to interact with the innovation and entrepreneurship
- Depth: There is ‘depth’ to the interaction, for example it directly builds capability in participants, or fosters meaningful connections between participants
- Value for money: The ‘$ per participant impacted’ provides strong value for money justification
- Collaboration: The level of meaningful collaboration between multiple ecosystem parties to deliver a successful activity
How do I apply?
To apply for Catalyst Inspire, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
Catalyst Create
The purpose of Catalyst Create is to create new, collaborative programs or structures that build WA’s innovation ecosystem. These programs or structures must be aligned to strategic focus areas, identified by the ecosystem.
Catalyst Create is assessed on a rolling basis, within a maximum of 90 days after being received.
Who can apply?
- The lead applicant must be an eligible Not For Profit based in Western Australia
- Applicants must be strongly aligned to an existing Sub-Constellation (strategic areas of focus identified by the ecosystem and facilitated by Meshpoints)
- Applications must have a minimum of 3 collaboration parties, including the Lead applicant. (not all need to be NFP)
How much can I apply for?
Applicants can apply for up to $100,000 under Catalyst Create. However, applicants must match at least 20% of the funding required in cash.
What is the assessment process?
Catalyst Inspire applications are assessed by an Independent Assessment Panel within a maximum of 90 days of being received.
What does a good application look like?
The types of new initiatives that we aim to fund through Catalyst Create are:
- Collaborative: Initiatives designed, developed and delivered in a highly collaborative way.
- Highly impactful: Initiatives that demonstrate a clear value-for-money benefit to building a strong culture of innovation in WA
How do I apply?
To apply for Catalyst Create, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
3 early-stage innovative ideas in the Innovate 2 Impact (I2I incubator program will be selected to receive $15,000 based on:
- Them having an identifiable and articulated social and/or environmental and/or cultural impact, with a preference towards breaking cycles of disadvantage.
- A demonstrated commitment to the process of developing their idea, and currently be in their ideation or validation stage.
Can’t find the answer to your question? Email info@spacecubed.com to discuss further.
These are focussed and co-ordinated activities that teach innovation and entrepreneurship skills and knowledge, including elements such as opportunity identification and evaluation, ideation or concept generation, and development of the different elements of an innovative idea, whether in a cohort-based program or another dedicated process in which an idea is developed in this way.
You can re-apply for further funding, if you have acquitted your prior grant or confirm when you re-apply that you have complied with the Grant Conditions for your prior grant. If you have been unsuccessful in applying before, you can re-apply if you have addressed feedback on your unsuccessful application.
An acquittal form will be provided to you at the time you are advised you have been successful in your application. This form requires you to demonstrate how you have used the funds in the way you applied for, including an expenditure report, and detail your outcomes and learnings.
Catalyst funded initiatives can involve collaboration with or contributions from for-profits or other ineligible organisations, provided the funding is only used for “eligible expenditure”, not payment to for-profits or other ineligible organisations for overheads or other similar or general costs. Any payment to those parties must be for services actually provided as a contribution to the initiative.
Yes! Please work in coordination with the Innovative Society Initiative marketing team to ensure brand messaging is consistent and correct.
Other Innovative Society Initiatives...
As a key activity in Spacecubed’s Innovative Society Initiative, supported by Lotterywest, the Innovative Society Fund supports innovators and changemakers through the three streams listed below.
Provides founders/teams going through an existing Incubator or Accelerator programs funding test early-stage ideas. Funding can be used for direct expenses like prototyping, product testing or marketing.
Funding for ‘top of the funnel’ events and programs that encourage new people or organisations to participate in the innovation and entrepreneurship ecosystem.
Supports incorporated not-for-profit organisations seeking to develop or deliver an initiative to strengthen, progress or grow the innovation ecosystem in WA.
Other Innovative Society Initiatives...
Lotterywest IdeaStarter
The purpose of Lotterywest IdeaStarter is to support early stage ideas, and help entrepreneurs at the beginning of their journey cross the chasm between idea and market adoption with a small amount of startup capital.
Lotterywest IdeaStarter applications are reviewed on a rolling 90-day period.
Who can apply?
- Existing Incubator or Accelerator programs can apply for funding the early-stage ideas within their programs
- Lead applicant must be an eligible Western Australia not-for-profit.
How much can I apply for?
- Eligible applications can apply for up to $15,000 per founder/team
- There is no cap on total application
- Not for profit organisations are welcome to apply multiple times for the same program, over multiple cohorts
What is the assessment process?
Lotterywest IdeaStarter applications are assessed by an Independent Assessment Panel on a rolling 90-day period.
What does a good application look like?
A good application showcases an accelerator and/or incubator program that has an established track record of success. It highlights how the model for allocating funds to the startups is going to be delivered.
How do I apply?
To apply for Lotterywest IdeaStarter, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
Catalyst Inspire
The purpose of Catalyst Inspire is to attract new people to participate in the innovation and entrepreneurship ecosystem.
Catalyst Inspire applications are assessed on a rolling basis, within a maximum of 30 days after being received.
Who can apply?
- The Lead Applicant must be an eligible Not For Profit based in Western Australia.
- The Lead Applicant is required to be a registered Meshpoints Partner.
- Final applications can involve 1 or more organisations, in addition to the Lead Applicant.
How much can I apply for?
Applicants can apply for up to $10,000 per event or program under Catalyst Inspire.
What is the assessment process?
Catalyst Inspire applications are assessed by an Independent Assessment panel within a maximum of 30 days of being received.
What does a good application look like?
- Impact: Events or programs that inspire a large volume of people to interact with the innovation and entrepreneurship
- Depth: There is ‘depth’ to the interaction, for example it directly builds capability in participants, or fosters meaningful connections between participants
- Value for money: The ‘$ per participant impacted’ provides strong value for money justification
- Collaboration: The level of meaningful collaboration between multiple ecosystem parties to deliver a successful activity
How do I apply?
To apply for Catalyst Inspire, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
Catalyst Create
The purpose of Catalyst Create is to create new, collaborative programs or structures that build WA’s innovation ecosystem. These programs or structures must be aligned to strategic focus areas, identified by the ecosystem.
Catalyst Create is assessed on a rolling basis, within a maximum of 90 days after being received.
Who can apply?
- The lead applicant must be an eligible Not For Profit based in Western Australia
- Applicants must be strongly aligned to an existing Sub-Constellation (strategic areas of focus identified by the ecosystem and facilitated by Meshpoints)
- Applications must have a minimum of 3 collaboration parties, including the Lead applicant. (not all need to be NFP)
How much can I apply for?
Applicants can apply for up to $100,000 under Catalyst Create. However, applicants must match at least 20% of the funding required in cash.
What is the assessment process?
Catalyst Inspire applications are assessed by an Independent Assessment Panel within a maximum of 90 days of being received.
What does a good application look like?
The types of new initiatives that we aim to fund through Catalyst Create are:
- Collaborative: Initiatives designed, developed and delivered in a highly collaborative way.
- Highly impactful: Initiatives that demonstrate a clear value-for-money benefit to building a strong culture of innovation in WA
How do I apply?
To apply for Catalyst Create, access the Fund Guidelines below. Next steps are outlined within the Guidelines, and once you’re ready, submit your application form for assessment.
Other Innovative Society Initiatives...
3 early-stage innovative ideas in the Innovate 2 Impact (I2I incubator program will be selected to receive $15,000 based on:
- Them having an identifiable and articulated social and/or environmental and/or cultural impact, with a preference towards breaking cycles of disadvantage.
- A demonstrated commitment to the process of developing their idea, and currently be in their ideation or validation stage.
Can’t find the answer to your question? Email info@spacecubed.com to discuss further.
These are focussed and co-ordinated activities that teach innovation and entrepreneurship skills and knowledge, including elements such as opportunity identification and evaluation, ideation or concept generation, and development of the different elements of an innovative idea, whether in a cohort-based program or another dedicated process in which an idea is developed in this way.
You can re-apply for further funding, if you have acquitted your prior grant or confirm when you re-apply that you have complied with the Grant Conditions for your prior grant. If you have been unsuccessful in applying before, you can re-apply if you have addressed feedback on your unsuccessful application.
An acquittal form will be provided to you at the time you are advised you have been successful in your application. This form requires you to demonstrate how you have used the funds in the way you applied for, including an expenditure report, and detail your outcomes and learnings.
Catalyst funded initiatives can involve collaboration with or contributions from for-profits or other ineligible organisations, provided the funding is only used for “eligible expenditure”, not payment to for-profits or other ineligible organisations for overheads or other similar or general costs. Any payment to those parties must be for services actually provided as a contribution to the initiative.
Yes! Please work in coordination with the Innovative Society Initiative marketing team to ensure brand messaging is consistent and correct.
Other Innovative Society Initiatives...
