Ignite Ideas Fund
Supports the development of new or improved products, processes or services to secure investment, launch into global markets and grow business.
- Tier One—up to $100,000 (excluding GST) per project.
- Tier Two—up to $250,000 (excluding GST) per project.
- Additional application requirements apply.
- Applications now closed.
Funding of up to $250,000 per project to help businesses by supporting activities that prove an idea will work, or to assist with identifying a market or investor for a product, process or service.
About the program
The Ignite Ideas Program is designed to help early-stage, high growth potential businesses achieve scale, growth and profitability.
Ignite Ideas was created to help businesses which are ready to take their innovative ideas to the next level, and potentially create products and services with huge global market potential.
The program targets businesses with fewer than 200 staff with a working prototype ready to be tested in the market place.
The Ignite Ideas fund aims to:
- increase commercialisation rates of Queensland ideas
- create high-value knowledge intensive jobs
- secure new investment
- form new collaborative partnerships
- increase exports
- increase business investment in R&D
- increase levels of business innovation.
Funding recipients—Round 1
39 applicants from throughout Queensland were successful in the program's first round of funding in 2016, representing a commitment of $5.56 million.
Admedus Vaccines Pty Ltd
Development of a therapeutic HPV vaccine to clinical proof of concept
Trialling a therapeutic HPV vaccine in a Phase Ib, randomised, double-blinded, placebo controlled, escalating dose study to assess the safety, tolerability, immunogenicity and exploratory efficacy of the vaccine in women with chronic pre-cancerous Vulvar Intraepithelial Neoplasia.Close
Agalytics Pty Ltd
agAlytics soil nutrient management
Commercialise a smartphone enabled sensor that allows farmers to quickly and easily measure the soil nutrients, at a fraction of the cost of laboratory testing, with results in minutes, not weeks.
Arthritis Relief Plus Limited
Patented topical for joint pain including osteoarthritis
Support the global market positioning of 4jointz®, a unique patented and clinically tested over the counter topical cream for osteoarthritis, joint pain and some other degenerative joint conditions providing a safe, remarkably effective option combining nature with robust science.Close
Brisbane Materials Technology Pty Ltd
New material for LED manufacturing
Commercialisation of a new LED manufacturing materials that would increase efficiency and lifetime of LED allowing LED to produce more light, use less energy and last longer.
Coral Sunscreen Pty Ltd
UV protection filters for humans and materials inspired by Great Barrier Reef Coral sun protection mechanism
Commercialisation of a world first UV filter technology that mimics the corals natural sun protection mechanism.
Didgigo Marketing Pty Ltd
Markets engagement - Didgigo
Conduct market validation for Didgigo, an online B2B and B2C business marketing tool that allows users to create hihgly creative and content rich personalised proposals that saves time and increases conversion.
Elevare Energy Pty Ltd
'Smart' batteries using clean energy to reduce commercial building electricity costs
Commercialisation of Elevare Energy's Smart batteries, controlled by sophisticated and intelligence software to reduce peak demand charges in commercial buildings.Close
Hypometer Technologies Pty Ltd
Hypometer Technologies big data analytics
Commercialisation of Hypometer Techologies platforms for big data analysis in social media and sporting data, which use academic research and machine learning to generate descriptive and predictive metrics of activity and performance.
Innovation Overload Pty Ltd
ROVER (Remotely Operated Variable Effort Rotator)
Technical validation for ROVER (Romotely Operated Variable Effort Rotator), a crane load management system that allows a higher degree of rotational control.
MAGNIX TECHNOLOGIES PTY LTD Formerly Guina Energy Technologies Pty Ltd
Superconducting homopolar generator for hydrogen fuel production
Development of a high efficiency superconducting generator capable of producing high currents at low voltages suited to hydrogen fuel production and other current-intensive processes.
Natural Evolution Pty Ltd
Natural Evolution - a world-class food production process for gluten-free and RS products
Optimise production of the Natural Evolution product range, which is largely based on the healthy, gluten-free properties of locally grown, green, Lady Finger and Cavendish bananas to meet global market demand.Close
Osler Technology Pty Ltd
Osler Clinical Performance - Community Model
Launch Osler, an online platform to track, improve and assess clinical competencies of healthcare professionals, enabling them to extend their scope of practice and optimising patient outcomes.
Parsons, Bradley Evan
Develop and implement FitMachine®, an innovative sensor solution for monitoring equipment health of industrial rotating machinery, in the similar way that a Fitbit™ helps individuals to monitor their personal fitness. FitMachine uses a custom built sensor, gateway, machine learning and artificial intelligence algorithms. FitMachine can predict machine failures and thereby help reduce maintenance budgets by up to 50%.
Roubler Australia Pty Ltd
Commercialisation of Roubler’s complete workforce management solution
Develop an end-to-end mobile solution that gives employers flexible management of employment lifecycle from recruitment to payroll and everything in between, by utilising algorithms and global data analytics that offer exceptional improvements.
Strategik Pty. Ltd.
Complete and launch Strategik 365, a software as a service, business productivity extension for Microsoft Office 365 that helps businesses to leverage their existing Office 365 investment to reduce costs, increase agility and power innovation.
V2i Pty Ltd
V2i realtime platform to enable systems re-engineering
Develop and commercialise the V2i realtime platform software to transform the manner in which the property development sector achieves outcomes through a common visual language and interactive representation of complex site information, with a range of innovative design and data analytics tools that reduce overall project lifecycle costs, cut red tape, and revolutionise the stakeholder consultation and communication processes.
To be eligible for funding, organisations must be a Queensland based organisation and meet the following requirements:
- have less than 200 full time equivalent staff
- be registered for GST before the project commences
- have a product, process or service which is at, or beyond, minimum viable product/working prototype stage
- have an innovative, unique or new product, process or service with the potential to achieve high growth
- have identified customer(s), industry partner(s) or investor(s).
How the program is assessed
Applicants are assessed on the:
- innovation and market potential of your project
- project feasibility, budget and timeframes
- technical and management feasibility
- anticipated outcomes for Queensland.
How to apply
Online applications are now closed.
For more information on the Ignite Ideas program, refer to the: