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Biofutures Commercialisation Program

Supports bioindustrial experts to partner with Queensland researchers and businesses to scale-up and test new or improved technologies and processes at the pilot or demonstration scale.

What's important

  • Applications are now closed.
  • Tier 1 grants up to $250,000 (ex GST) for pilot scale projects of up to 2 years.
  • Tier 2 grants up to $1 million (ex GST) for demonstration scale projects of up to 2 years.
  • The program has a two-stage application process:
    • Stage 1: Expressions of interest proposals submitted for consideration by the department.
    • Stage 2: Shortlisted expression of interest applications only will be invited to submit a full funding application.

Benefits

The vision of the Advance Queensland Biofutures 10 Year Roadmap and Action Plan is to grow Queensland’s Biofutures sector by 2026, into a $1 billion sustainable and expert-orientated industrial biotechnology sector.

Eligibility

To be eligible projects must:

  • have a direct application to the bioindustrial sector in Queensland
  • align with the objectives of the Biofutures 10 Year Roadmap and Action Plan
  • be led by a bioindustrial business (i.e. the applicant organisation)
  • demonstrate that project expenditure and activity will be undertaken primarily in Queensland
  • involve collaboration between the applicant organisation and a minimum of:
    • one Queensland-based research organisation (refer below); and/or at least
    • one Queensland-based business
  • have a total cash contribution (from the applicant organisation and partner organisations) that is equal to, or greater than, the Biofutures Commercialisation Program funding sought
  • have a minimum of 50% of the required matching cash funding committed by the applicant organisation.

Successful projects must:

  • commence within 6 months of being advised of funding approval
  • have a duration of up to 2 years
  • deliver a path to market with commercial potential within 5 years.

Guidelines and conditions

Read more about Queensland Biofutures 10 Year Roadmap and Action Plan.

Licence
Creative Commons Attribution-NoDerivs 3.0 Australia (CC BY-ND 3.0)
Last updated
15 June, 2017

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13 QGOV (13 74 68)

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