The City of Perth is focused on the growth and development of the technological, innovation and entrepreneurial sector within Perth.

A key aspect of support for this area involves the encouragement of clustering, collaboration and coordination across industry sectors. The current level of industry development occurring within the creative industries will continue in line with new and emerging opportunities in this sector.

The City strongly recognises that continued growth of this sector is important to securing the city’s economic diversity and will help position Perth as being a recognised centre of knowledge and innovation excellence.

The development of the knowledge‐based economy, and of globalisation and international competitive pressures, has increased the importance of creativity and innovation in local economies.

The City of Perth is home to a number of co-working spaces – these spaces provide their users with spaces to work, collaborate, and receive mentoring and advice and grow their businesses.

The City of Perth provides support and sponsorship for a broad range of innovation based programs. These include TEdx, GovHack, Startup weekend, the West Tech Fest and Oz App Awards, Founder Institute and XMedia Lab.

Smarter Cities

In 2014, Perth was one of only 16 worldwide recipients of the IBM Smarter Cities Challenge.  IBM sent a team of five of its experts to work closely with the City of Perth for a three-week period on the City’s particular ‘challenge’.

 

During the project, the IBM team met in person with government, citizens, business and organisations to gather a diverse perspective on how to integrate data to provide essential services to the city and citizens of Perth.

The final report from IBM is available here: http://prd-ibm-smarter-cities-challenge.s3.amazonaws.com/applications/pe...

Fast facts

  • Since January 2010, 420 digital and internet startup companies have been formed in WA, with approximately 3,000 people working on the creation, development and scaling of early stage tech startups.
  • Perth is home to the annual West Tech Fest and OzApp Awards. This annual program and awards brings Silicon Valley-based entrepreneurs, venture capitalists, and angel investors, as well as representatives from leading global tech firms, to Perth for a series of events including panel discussions, demonstrations and mentoring sessions.
  • Western Australia is engaged in eight of the twelve disruptive technologies identified by McKinsey as being economically important to 2025: Automation of knowledge work; advanced robotics; autonomous and near autonomous vehicles; Internet of Things; energy storage; advanced oil and gas exploration and recovery; advanced materials; renewable energy.
  • Among the Australian states, CommBank ranks WA as equal second for the percentage of industry regarded as being ‘innovation active’.
  • Companies in Perth have developed particular expertise in fields such as the Resources and Mining industries, geospatial information systems, health and medical technology, edu-tech, fintech and gaming.
  • In 2016, the WA State Budget allocated $20million over four years to deliver initiatives associated with the State’s Innovation Strategy.

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