The Western Australian government is offering matched funding for industry-led projects setting up or expanding in Collie, in the South West of WA.

Industry can receive up to $2 million to set up in Collie under the Collie Futures Industry Development Fund, which is designed to develop new industries and expand existing industries in the region to create more job opportunities for local people and diversify the local economy.

The Fund is looking for initiatives from a wide range of sectors that can show the capacity to make a significant and sustainable impact on the local economy.

Collie has abundant coal resources, power generation, and big industry operations including an alumina refinery and the WA energy hub has land available at the Shotts industrial park and a light industrial area in town, as well as nearby at Kemerton.

"This significant investment will be the key to further unlocking Collie's economic potential, with the funding set to capture new opportunities for the region,” WA regional development minister Alannah MacTiernan said.

"If you are a business looking to establish a new base or expand operations, Collie is well worth considering,” Collie-Preston MLA Mick Murray said.

"I encourage companies and organisations to take up the opportunity to tap into the millions of dollars in funding on offer through this program and to utilise Collie's strengths to support your endeavours.”

The initiative also provides funding to develop business cases and undertake feasibility, planning or scoping studies.

Successful applicants to the Collie Futures Industry Development Fund need to match the WA’s state government's funding contribution.

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