The WA Innovators of the Year program is a WA government initiative that highlights the most entrepreneurial minds and businesses in Western Australia.
This year, a record number of applications for the WA Innovators of the Year (WAIOTY) awards has resulted in the highest number of innovators competing in the final stages of the program.
Successful businesses and innovations benefit the broader community through the creation of:
- new jobs
- new industries
- economic growth
- export opportunities for Western Australia
This program aims to recognise outstanding participants who have successfully commercialised their ideas.
The 2024 Innovators of the Year Finalists
The 19 finalists for Innovators of the Year 2024 have been announced. Congratulations to the following finalists:
Rio Tinto Growth Category
- Deimos Laboratory Pty Ltd – Developing a cutting-edge visual analysis device
- Genvis – Smart software systems for sharing emergency public information
- Global Data Analytics trading as Tape Ark – Platform to collect and analyse data for organisations and industries
- Hey Sister! – A new treatment for period pain, PMS and menopausal symptoms
- Hy-Boost Technology – Emissions reduction and fuel saving for combustion engines
- RaptorTech Pty Ltd – Developing a fleet management system
Rio Tinto Emerging Category
- Hermes and Soteria – Developing the Overwatch product to conduct subsurface monitoring of tailings storage facilities in mining
- Materia Health Pty Ltd – Using the MateriaPOD unit to revolutionise organ/tissue cold storage and transportation to improve patient outcomes
- Protect Devices Pty Ltd – A device to prevent extravasation injury in preterm neonates
- RaptorTech Pty Ltd – Developing the Perceptn technology which is an advanced safe collision avoidance system
- SeaStock Pty Ltd – Processing Asparagopsis seaweed to make agricultural products with less methane
- Uluu – Using seaweed to progress the world’s first truly compelling alternative to plastic
Those who win their categories will share an increased prize fund worth $240,000, with each category winner taking home $60,000. There will also be prized funds for two runners-up and three platinum award categories.
A new category for innovation in the public sector, the WA Government Innovators of the Year, has also been added which will be announced alongside the other winners at the awards ceremony in October.
In addition to this, there are 11 finalists across the three Platinum Award categories. The finalists are the following:
Business News ‘Great for the State’ – Platinum Award
- AMLab Pty Ltd – Transformational change at global ports through automation
- Global Data Analytics trading as Tape Ark – Platform to collect and analyse data for organisations and industries
- Uluu – Using seaweed to progress the world’s first truly compelling alternative to plastic
- VetChip – Developing animal health monitoring technology
Wesfarmers Wellbeing – Platinum Award
- CoraMetix Pty Ltd – Bioengineering the next generation 3D-printed polymeric heart valve
- Earthlingo Pty Ltd – Building a 3D world of language learning
- Hey Sister! – A new treatment for period pain, PMS and menopausal symptoms
- Setonix Pharmaceuticals – Cancer immunotherapy in a tablet
Woodside Energy Platinum Award for Energy Innovation
- Nepternal Hydrogen – A semi-vapor electrolyser system for cost-effective green hydrogen production
- Strada Percussion Drilling Systems (Australia) Pty Ltd – Developing a dual circulation water hammer drilling system
- WaveX – Creating wave powered generators
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