Program overview
Who is it for?
Small to medium sized Queensland organisations and university graduates.
What are the 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.
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.
Available Funding
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 (PDF, 374KB) to find out more about South-East Queensland and regional Queensland locations, priority investment areas, assessment criteria and more.
Eligibility
What are the 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
- have 200 or less full-time equivalent staff
Applying
Applications for Industry Research Foundations are now open.
Applications close 9am, Monday 29 July 2024.
Supporting grant application resources
View all the program and application documents:
- Industry Research Foundations Program Guidelines (PDF, 374KB)
- Industry Research Foundations Funding Agreement (PDF, 297KB)
- SmartyGrants Help Guide
For more general help with finding grants and writing grant applications:
- Grant writing information
- Tourism and Events Queensland grant writing guide
- Queensland Government Grants Finder
Contact
If you have questions about this program, please email sciencefunding@dtis.qld.gov.au
