Moreton Bay Region and Queensland-based startups or small businesses can now apply to take their innovation to market through Round 7 of the Advance Queensland Ignite Ideas Fund.
Grants of up to $200,000 (excluding GST) are available to enable Queensland businesses to take highly innovative new products or services that have reached minimum viable product stage or beyond, into the market for the first time, or into new markets.
The Queensland Government’s Advance Queensland initiative focuses on economic recovery, growing the economy and creating jobs. This includes supporting the growth of Queensland businesses to deliver new products and services into domestic and global markets, and establish new industries that will provide the jobs of the future.
The Ignite Ideas Fund supports Queensland based small to medium businesses that have high-growth potential to undertake commercialisation projects that will:
The impact of COVID-19 on the Queensland economy has been significant so the government is focusing on supporting those businesses that can assist in Queensland’s economic recovery now and in to the future. Market viability, job creation and scalability beyond completion of the project will be key considerations this funding round.
Round 7 of the Ignite Ideas Fund features a two-stage application process:
Stage 1 – Expression of Interest round
The first stage includes a short Expression of Interest application. Expressions of Interest should be submitted online before 10am, Thursday 16 July 2020
Stage 2 – Full Application round
Following assessment of the Expression of Interest applications, shortlisted applicants will be invited to submit a Full Application for stage 2.
To be eligible to apply for Ignite Ideas funding the applicant organisation must:
If applying for Tier 1, the applicant organisation and/or related parties must:
If applying for Tier 2, the applicant organisation and/or related parties must:
Organisations and their related parties are limited to one application per funding round.