Innovate Moreton Bay is strongly encouraging our eligible start-ups in our region to look into Advance Queensland's Ignite Ideas fund. Funding is available to commercialise highly innovative and new products or services that are at minimum viable product stage or beyond.
The Ignite Ideas Fund supports Queensland based small to medium businesses that have high-growth potential to undertake commercialisation projects that will:
Viability and scalability beyond completion of the project must be a key long-term outcome.
Two tiers of funding are available:
Up to $100,000 (excluding GST) for projects of up to 12 months duration.
Greater than $100,000 and up to $200,000 (excluding GST) for projects of up to 24 months duration.
To be eligible for funding, applicant organisations must at the time of application:
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.