2022 Innovator of the Year finalists announced

innovator of the year
Image – WA government and Canva

The WA government has announced the 16 finalists for the 2022 Innovator of the Year (IOTY) awards program.

The program is designed to give profile and credibility to local innovative companies in the state.

This year’s cohort includes a range of exciting projects that include a smart walking stick for Parkinson’s sufferers, and technology for mitigating antimicrobial resisting bacterial infections.

Launched in 2006, the program assists innovators and entrepreneurs in realising the full potential of their innovation. All finalists will undertake training in pitching, mentoring, digital and social media strategy, in addition to legal, intellectual property and accountancy advice.

Finalists will also be provided with a professional video and photography package, to assist in marketing their innovation.

Six recipients will share a $140,000 prize pool, with category winners to be announced in December.

Last year’s overall winner, Vision Pharma Pty Ltd, utilised the funding to advance the commercialisation of their next generation RNA therapeutics. In May this year, the company announced the completion of preliminary studies into the novel treatment of a blinding eye disease called Retinitis Pigmentosa type 11. They are also on track to submit an Investigational New Drug application with the US Food and Drug Administration later this year.

Rio Tinto is the primary sponsor of the awards, with Woodside Energy, Business News and Wesfarmers as platinum award sponsors. Wrays, Griffith Hack, Biodesign Australia and CERI (Centre for Entrepreneurial Research and Innovation) as gold sponsors.

The program is funded through the state government’s $16.7 million New Industries Fund, which supports new and emerging businesses.

Innovation and ICT Minister Stephen Dawson congratulated all 16 finalists.

“It’s vitally important that we not only acknowledge and celebrate WA’s most promising innovators, but also provide the support and the network to assist them bring their innovation to fruition.

“The 2022 WA Innovator of the Year program is integral to this process by showcasing the industry’s best ideas and steering them on a pathway for further success.

Through the WA Innovator of the Year awards our local talent has an avenue in which to connect and develop, harness their skills and cultivate a network to progress their projects.

Stephen Dawson, ICT Minister

Innovation of the Year finalists

Rio Tinto Emerging Finalists

Company: Neurotologix Pty Ltd
Description: Remote patient monitoring for dizziness and vertigo

Company: Ex Planta Pty Ltd
Description: Unlocking the power of synthetic biology – Isoflavonoids 2.0

Company: Protective Pty Ltd
Description: Broken Neutral Protection Device

Company: Speed Signature
Description: Describing running gait characteristics

Company: Walk to Beat Pty Ltd
Description: Smart Walking Stick for Parkinson’s sufferers

Company: Xsights Digital Pty Ltd
Description: XIoT Health Tag for livestock health and welfare monitoring

Rio Tinto Growth Finalists

Company: Assuro
Description: Bank guarantees and bonds made easy

Company: Heat Trap Solutions Pty Ltd
Description: Safety shower continuous recirculation technology

Company: Pixelcase Group Pty Ltd
Description: Aero Ranger – AI for vehicle management

Company: Sentient Hubs
Description: Dynamic Master Planning Platform

Company: VetDB
Description: Powering veterinary care through trustworthy data and seamless technology

Company: Vitruvian
Description: Vitruvian Trainer+

Wesfarmers Wellbeing Award Finalists

Company: Neolixir Pty Ltd
Description: Neo X, a platform technology mitigating antimicrobial resistant bacterial infections

Company: Neurotologix Pty Ltd
Description: Remote patient monitoring for dizziness and vertigo

Company: Triphasic Cardiac Pump Pty Ltd
Description: Triphasic blood pump for open heart surgery

Company: Walk to Beat Pty Ltd
Description: Smart Walking Stick for Parkinson’s sufferers

Business News Great for the State Award Finalists

Company: Assuro
Description: Bank guarantees and bonds made easy

Company: Sentient Hubs
Description: Dynamic Master Planning Platform

Company: Vedi (previously known as VetDB)
Description: Powering veterinary care through trustworthy data and seamless technology

Company: Xsights Digital Pty Ltd
Description: XIoT Health Tag for Livestock health and welfare monitoring

Woodside Oil & Gas Award Finalists

Company: Axiom Sensing
Description: Autonomous Soil Gas Monitoring Unit for Energy Transition Industries

Company: FoundAt Pty Ltd
Description: FoundAt Augmented Reality Based Data Management

Company: Protective Pty Ltd
Description: Broken Neutral Protection Device

Company: Sentient Hubs
Description: Dynamic Master Planning Platform