Queensland Startup Events and Activities Fund guidelines
Queensland has more than 200 startups, which employ more than 1,900 people. The Queensland Government’s Advance Queensland program will help us solve global challenges, seize opportunities in growing markets, compete for investment dollars, and create the jobs of the future.
The Queensland Startup Events and Activities Fund (formerly Startup Queensland Fund) will provide funding up to $25,000 (excluding GST) to eligible organisations to deliver events and activities that build entrepreneurial and technology startup skills.
The funding will help build capability within the Queensland startup community, including regional areas, by:
- delivering practical information and advice
- increased collaboration and networking opportunities
- connectivity and transformational entrepreneurship.
Activities must demonstrate alignment and linkage to the Queensland Government's Advance Queensland program.
Note: a startup is defined as a new high-growth potential business, developing innovative products and services, with a globally scalable market.
The startup ecosystem includes startup entities and supporting organisations, including investors, universities, incubators, accelerators and co-working spaces.
How much funding is available?
A funding pool of up to $300,000 (excluding GST) is available until 30 June 2018 or until the funding pool is exhausted, whichever occurs first. Queensland Startup Events and Activities funding will contribute up to 50% of the total eligible activity costs up to a maximum of $25,000 (excluding GST) per activity.
Total eligible activity costs may include in-kind contributions.
- Funding is open to profit and not-for-profit organisations.
- Applicants must be a Queensland-based organisation with an ABN and be registered for GST.
- Organisations already receiving Queensland Government funding are eligible to apply for this funding. The 50% matched funding contribution from these organisations cannot be sourced from existing Queensland Government funding.
- Funding cannot be provided for any activity that has received funding through another Advance Queensland program.
- Activities must be conducted on a not-for-profit basis and demonstrate broad benefit for the Queensland startup community.
- Activities demonstrating collaboration with other organisations will be favourably considered.
- Applications for funding are open and close 30 June 2018 or when the funding pool is exhausted, whichever occurs first. All activities must be completed by 15 December 2018.
- Activities must align with the Advance Queensland program.
- The activity theme/s must cover 1 or more of the following entrepreneurial and startup focus areas:
- improve capability and capacity
- access to capital
- collaboration, building networks and connectivity
- access to markets
- skills development
- culture and promoting success.
There can only be 1 funding recipient for any given startup activity.
Activities will be considered for approval by the Department of Science, Information Technology and Innovation based on the following criteria:
- Clear outcomes for Queenslanders
- Capacity building within the Queensland startup ecosystem, including employment opportunities for Queenslanders now, as well as jobs for the future.
- Strengthen Queensland’s startup capability to foster growth and productivity of the Queensland startup community and the economy more broadly.
- Quality collaborations delivering outcomes.
- Projects which have outcomes for Queensland regional areas will be given additional consideration.
- Activites that align with the Advance Queensland program.
What can the funds be used for?
Examples of eligible activities:
- networking activites
- mentoring sessions
- startup weekends.
Eligible costs can include:
- venue hire
- travel and accommodation for presenters
- activity promotion
- fees for external speakers and consultants.
What won't be funded
- Any self-promoting activites such as design or production of self-promoting advertising, marketing materials, capital expenditure, etc.
- Staff salaries.
- General business operating costs.
- Costs for consultants/contractors that are associated entities with the applicant.
- Cash prize money.
Submitting your application
- Applications are open until 30 June 2018, or when the funding pool is exhausted, whichever comes first.
- All activities approved for funding must be completed by 15 December 2018.
- As this is an open funding process, applications should be received at least 6 weeks prior to the activity start date.
- There is no implicit guarantee of approval at any stage of the application process.
Conditions of funding
- Only eligible expenditure incurred on or after the project commencement date can be claimed by successful applicants.
- Applicants will receive 80% of approved funding on acceptance of the letter of offer and 20% on completion of the project to the satisfaction of the department.
- The final report and financial acquittal report should provide evidence of expenditure on eligible project activities including invoices from suppliers and bank statements showing project expenditure.
- After acceptance of the final report and the financial acquittal report the applicant will be directed to provide an invoice to the department for payment of the milestone amount. This invoice will then be paid within 30 days.
- Applicants must not submit more than 1 application in a given round of funding and only 1 project per business can be funded at any given time.
The Queensland Government collects and collates information from the application form to evaluate applications for the program. Only authorised Queensland Government officers will have access to this information.
Applicants should note broad details of successful proposals, agreed outcomes, progress and the level of funding awarded may be published by the Queensland Government. Some information may be used to promote funded projects in the future.
Your personal information will not be disclosed to any other third party without your consent, unless required by law or for the purposes of the Information Privacy Act 2009.