Since inception, AQ has supported more than 8,100 recipients whose projects have directly driven over 31,500 jobs and leveraged $1 billion in funds from external partners and investors.
Current Statistics – March 2024
The Advance Queensland – Innovation for a Future Economy: 2022–2032 Roadmap (the Roadmap) was launched in July 2022 and sets out the direction, key priority outcomes and initiatives for the next phase in Queensland’s innovation journey.
The Roadmap is a whole-of-government plan that reflects the innovation efforts and investments by all Queensland Government agencies.
Since July 2022, a total of $51.2 million of AQ Roadmap funding has been committed to support over 165 recipients, who have reported that their projects are supporting more than 5250 jobs. $17.4 million has already been paid and the remaining $33.8 million will be paid out progressively as each of the companies involved reaches their contractual milestones.
This investment has led to almost $17.2 million being contractually committed by program partners, including industry and investors.
Of the Roadmap recipients, 38 (23%) are located in regional Queensland, 60 (or 36%) identify as female, and 14 (or 8%) identify as Aboriginal and/or Torres Strait Islander.
More than 1500 (29%) of jobs supported by AQ Roadmap funding are being reported by regional recipients, over 1600 (30%) being reported by female recipients and over 500 (10%) being reported by First Nations recipients.
Key Advance Queensland funded programs under the Advance Queensland Roadmap include:
- Ignite Ideas Fund
- AQ Industry Research Fellowships
- Science into Industry
- Regional Futures
- Deadly Innovation
- Backing Female Founders
Additional Roadmap achievements
Additional achievements from other initiatives listed in the Roadmap are also available.
