Industry Tech Fund QLD

At a glance

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Provides businesses participating in collaborative, large scale, co-funded technology projects with funding of between $250,000 and $5 million to accelerate the emergence of new products and / or services based on a platform technology.

Who can apply:

At a minimum, you must:

  • be a GST registered business with an Australian Business Number (ABN)
  • have a minimum of three QLD based partners
  • be able fund at least 75% of the cost of the eligible project.

Other eligibility requirements may apply.

Deadline to apply:

Applications may be made at any time.

Contact information:

13 74 68

advancequeensland@qld.gov.au

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Overview

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.

Eligibility criteria

To be eligible, you must:

  • be a GST registered business with an Australian Business Number (ABN)
  • have a minimum of three QLD 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 fund at least 75% of the cost 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.

Find out more about the eligibility criteria at Industry Tech Fund.

How to apply

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.

Find out more about how to apply at Industry Tech Fund.

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