Advance Queensland Ignite Ideas Fund

At a glance

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Provides Queensland businesses with funding of up to $250,000 to commercialise new and innovative products or services.

Who can apply:

At a minimum, you must:

  • be registered and head-quartered in Queensland
  • have a Queensland owned and developed new and innovative product or service which is at or beyond minimum viable product / market ready stage
  • have less than 200 full time equivalent employees.

Other eligibility requirements may apply.

Overview

Ignite Ideas Fund can help your small to medium business or startup to commercialise market ready, innovative ideas that:

  • create jobs
  • increase innovation and skilled job opportunities across Queensland
  • facilitate competing in a global market
  • grow Queensland's reputation.

Funding of up to $250,000 per project is available for activities that:

  • prove your idea will work, or
  • help identify a market or investor for your idea, product, process or service.

Applicants must make matched funding contributions.The amount required will vary according to the number of full time equivalent staff employed by your organisation.

Eligibility criteria

To be eligible for funding, you must:

  • be registered and head-quartered in Queensland
  • have less than 200 full time equivalent staff
  • be registered for GST before your project starts
  • have a Queensland developed and owned (or rights assigned) new product, process or service which is at, or beyond, minimum viable product / market ready stage
  • have an identified customer, industry partner or investor.

Find out more about the eligibility criteria at Ignite Ideas Fund.

How to apply

Find out more about how to apply at Ignite Ideas Fund.

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