Industry Accelerator Program
Offers programs to help established businesses fast track ideas from concept to commercialisation, positioning participants to successfully market their products and services to customers.
- $9 million funding available for industry focussed accelerators.
- Eligibility criteria apply.
- First recipients have been announced to undertake programs to help established industries and businesses accelerate innovation.
About the program
The Industry Accelerator Program pairs established businesses with industry accelerators. They will tap into local talent to fast track their ideas into commercially viable products, services and business models—from concept to commercialisation.
Each accelerator will focus on growing connections, investment and achieving scale within a specific industry sector, including mining and resources, food production, infrastructure and the creative industries.
Talent selected to participate in an accelerator will undergo an intensive 3 month program, receiving mentoring and advice to speed up development of their product, service or business model. They will have access to investors and other specialised advisors to help them compete and gain market share.
BlueChilli—will focus on using big data to improve city liveability, making it easier for people to travel between places, access information and communicate with each other.
Innovation Centre Sunshine Coast—will concentrate on developing better technology and processes for food production.
QUT Creative Enterprise Australia—will focus on key markets under the creative-tech umbrella, including fashion, music and multimedia.
Unearthed—will look to diversification and growth in the mining equipment, technology and services sector.
Expressions of interest were received during 2016 and are now closed. The first recipients of funding have been announced with further successful applicants to be released during 2017.
Organisations are expected to have previous experience, relevant industry partners and the capacity to successfully deliver an accelerator program in Queensland.
Expressions of interest
Expressions of interest are closed.
In 2016 the Department of Science, Information Technology and Innovation (DSITI) sought interest from organisations who have successfully delivered accelerator programs in Queensland and have the ability to provide a tailored program.