Industry tech fund - Queensland

Description

Industry tech fund provides businesses participating in collaborative, large scale, co-funded technology projects with funding to accelerate the emergence of new products and / or services based on a platform technology.

A platform technology is a group of technologies that is used as a base upon which other applications, processes or technologies are developed.

Platform technologies that may be incorporated into eligible projects include, but are not limited to:

  • autonomous vehicles

  • sensors

  • robotics

  • application of big data

  • artificial intelligence

  • nanoelectronics and nanotechnologies

  • biotechnology

  • advanced manufacturing

  • quantum technologies

  • advanced materials.

Funding of between $250,000 and $5 million is available. Projects will be funded at a minimum 1:3 ratio of government-to-applicant funding.

Funded projects may span up to three years.

Find out more about the Industry tech fund.

Service type

Support Service

A service offered by government to aid in running a business.

Eligibility requirements

To be eligible, you must:

  • be a GST registered business with an Australian Business Number (ABN)

  • have a minimum of three Queensland based partners

  • have total cash contributions (from the applicant and partner organisations) that are at least three times greater than the funding sought

  • be able to fund at least 75% of the coast of the eligible project

  • have ownership, access to, or beneficial use of, any intellectual property necessary to carry out your project. 

Eligibility criteria also apply to the project and the project costs.


Forms

Task Business Structure Resources
Common All AQ IndustryTech Fund 2018-19 Round 1 (Opens in new window)

Application process

There is a two-stage application process.Stage 1 expressions of interest (EOI) may be submitted at any time.Following the assessment of the EOI applications, successful applicants will be invited to submit a full Stage 2 application.

Administering agency

Department of State Development, Manufacturing, Infrastructure and Planning

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Advance Queensland Implementation Unit

Department of Innovation, Tourism Industry Development and the Commonwealth Games

Phone: 13 QGOV (13 74 68)
Email: advancequeensland@qld.gov.au