Program overview
Who is it for?
Small to medium sized Queensland organisations and university graduates.
What are the grant/program objectives?
To assist Queensland businesses to progress innovative products and service towards commercialisation by engaging the skills and expertise of a Queensland based Honours, Masters or PhD level graduate.
What does it involve?
Funding employment for six to twelve months to develop an innovative product, service or process within a business-led project.
What are the grant/program goals?
- Translate innovative ideas into products, services or processes that solve real world problems.
- Increase employment opportunities in small to medium businesses for graduates.
- Support the creation of knowledge-based jobs.
- Increase opportunities for commercialisation as part of growing the innovation economy.
- Retain talent and skills in Queensland.
What will recipients get?
Funding of up to $90,000 for you to employ a Queensland-based Honours, Masters or PhD university graduate for six to twelve months.
There are two tiers of funding for projects:
- Tier 1 — for applicants in South-East Queensland, a minimum of 20 per cent matched funding is required.
- Tier 2 — for applicants in regional Queensland or Indigenous businesses, a minimum of 10 per cent matched funding is required.
Read the program guidelines to find out more about South-East Queensland and regional Queensland locations, priority investment areas, assessment criteria and more.
How do you apply?
Applications for Industry Research Foundations are now open.
Applications close 9am, Monday 29 July 2024.
The Smarty Grants Help Guide provides guidance and has lots of helpful hints about how to apply for grants.
Subscribe to the Advance Queensland newsletter and stay up to date with our latest funding programs.
Apply
Eligibility criteria
To be eligible for funding, at the time of application you must:
- be a Queensland-based organisation
- be registered for GST and have an ABN
Contact
If you have questions about this program, please email sciencefunding@dtis.qld.gov.au.
Supporting resources
Additional support
