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> Innovation Award
Ben
post Mar 12 2008, 10:49 AM
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Australia’s richest innovation competition, with a prize pool of more than $320,000, is now open for Western Australian inventors and innovators.

The WA Premier today launched the State Government’s Western Australian Inventor of the Year Award for 2008, which offers just over $100,000 to the competition’s overall winner.

The award, now in its third year, aims to help industry, government, academia and schools work collaboratively to foster an environment of innovation, as well as assist the promotion of innovation.

“The Western Australian Inventor of the Year Award is an important event for our State’s science and innovation-based industries,” The Premier said.

“The award is a great opportunity for local inventors to receive a helping hand to realise the potential of their ideas.

“We made a conscious decision to make the award program commercially focused and we want to promote a culture of innovation and entrepreneurship across the State.”

The Premier said the event attracted more than 120 entries last year, and he was confident there were many more innovations which could benefit from this year’s awards.

“There is enormous talent and great ideas within Western Australia and I encourage all innovators, creative thinkers and inventors to enter,” he said.

Mr Carpenter said he was pleased to announce a new category into this year’s competition: the Remote Schools Category.

This is open to all remote schools in Western Australia, with two $5,000 cash prizes available - one for a junior class (Kindergarten to Year Four) and one for a senior class (Year Four to 12).

“The Remote Schools Category focuses on a whole class rather than individual students,” the Premier said.

“The main objective is to encourage school kids to come up with innovative solutions for problems in their own communities.”

The other competition categories include:

BUSINESS COMPETITION

Early Stage
For entrants who have developed their product or service from an idea, can clearly define the problem it solves, and have some form of intellectual property protection or a rapid route to market to stay ahead of the competition.
Development
For entrants who have developed their product or service to a more advanced stage, with a prototype ready for early market testing.
Ready for Market
For entrants who have developed a product or service which is ready to be licensed, manufactured or marketed, with business and marketing plans finalised.

COMMERCIALISATION OF INNOVATION PERTH

SCHOOLS COMPETITION

Schools
Open to students from Kindergarten to Year 12, encouraging them to invent a new product or device or to modify an existing tool.
Remote Schools
A new category for 2008.
The Western Australian Inventor of the Year Award is administered by the Department of Industry and Resources through the Western Australian Innovation Centre at Technology Park in Bentley.


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Ben, Skype "Perth-", Western Australia
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