Queensland Innovation Precincts and Places Fund

The $4 million Strategic Initiatives Program is part of the $15 million Queensland Innovation Precincts and Places (QIPP) Fund.

Funding is available to eligible organisations to support coordination and collaboration in the innovation economy and accelerate the development of innovation places.

The QIPP fund comprises three streams: 

  • The first $4 million stream of the fund - Strategic Initiatives Program is now closed and will deliver grants of up to $300,000 to existing Queensland innovation precincts and places. 

  • Stream 2 provides $1 million for the Innovation Place Leaders Network and engaging with targeted stakeholders directly.  This will develop and strengthen linkages and collaborations within and between innovation places and the innovation ecosystem. 

  • Stream 3 is the Regional Precincts and Places Infrastructure and Technology program is now closed. It is a $10 million program that will provide grants of up to $1 million for smart infrastructure, technology and upgrades that support future industry focused collaborative projects. 

What's important:

About the program

The objectives of the $4 million Strategic Initiatives Program are to:

  • position Queensland innovation precincts and places to reach their full potential for attracting investment and creating high value jobs
  • position Queensland innovation precincts and places and partner organisations to collaborate in the development and growth of innovation precincts and places
  • strengthen the development, effectiveness, and sustainability of Queensland’s innovation precincts and places.

Funding and support

Grants of up to $300,000 (excluding GST) are available through the $4 million program to support proposals to obtain strategic advice including an action plan for an existing innovation precinct or place from third-party experts.

The third-party experts must be independent of the applicant and the innovation precinct or place partners. 

Third-party experts are experienced individuals or firms who have experience in providing practical advice which has resulted in successful and sustainable innovation precincts and places.

Eligibility

To be eligible for this program the applicant must be:

  • a corporate entity, not an individual
  • GST registered, with an ABN
  • A precinct partner of an existing Queensland-based innovation precinct or place.

Applications that propose engaging a Queensland-based third-party expert to provide strategic advice, including an action plan will be highly regarded.

Note, if your application is successful, the strategic advice including an action plan must be obtained within six months of being advised of grant funding approval. In addition, the implementation of the actions must be commenced within 12 months of being advised of grant funding approval.

Application process

Applications are now closed. All applications will be assessed against the eligibility requirements.

Only eligible submissions will be considered for funding support.

Eligible applications will be assessed in a merit-based approach by a panel of assessors against the assessment criteria.

Applicant organisations may be contacted at any stage of the assessment process to provide further information to enable a due diligence and probity assessment.

Information Webinar   

10 August 2023

Watch the Strategic Initiatives Program webinar here for an in-depth overview of the Program including its objectives, eligibility criteria, application process, and the specific areas of focus, including a Question and Answer session.

7 September 2023 

Watch the latest Strategic Initiatives Program webinar - This session is intended to complement the Strategic Initiatives Program webinar 10 August 2023 and provides a further opportunity to raise any remaining questions regarding program objectives, eligibility criteria, application process, and specific areas of focus.

Read the video transcript (Word, 41KB).

Key documents

Stream 2 - Queensland Innovation Precincts and Places Fund -Innovation Place Leaders Network 

Stream 3 - Queensland Innovation Precincts and Places Fund Regional Precincts and Places Infrastructure and Technology Program 

 

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