About Scitech
Scitech is a not-for-profit organisation proudly supported by the Western Australian Government through the Department of Jobs, Tourism, Science and Innovation
Scitech commissioned Deloitte for an independent study to find out the social value Scitech provides to Western Australia.
The findings from the report show the significant influence and impact Scitech has on the science, technology, engineering and mathematics (STEM) workforce in WA and the value it holds socially and economically in the state.
The study found 1 in 3 STEM workers attribute Scitech as having a positive influence on their choice of career. With the study estimating 247,000 STEM workers in Western Australia who contribute $87 billion to the local economy, approximately 21.4% of WA’s total gross value-added, that’s 80,000 STEM workers who were influenced by Scitech in their career.
Through a combination of factors including transaction value, digital value, customer surplus and existence value, the study estimated that Scitech’s total social value for Western Australians is $455 million to be generated in the next 30 years.
Find out more in the full report below.
