Science into Industry Initiative

The $17 million Science into Industry Initiative aims to make Queensland’s science sector more competitive by accelerating the translation of research and development, supporting universities and research institutes to partner with industry to build new products and services.

What's important

  • The Science into Industry Initative includes a range of programs including the Investment Assistance Program (IAP) and the Science into Industry Co-Investment Program.

Investment Assistance Program

The Investment Assistance Program (IAP) aims to:

  • raise the quantity, quality and success rate of Queensland university and research institute applications to eligible Australian Government funding programs for significant projects over $10 million with a strong industry engagement component
  • increase Queensland’s share of Australian Government grant funding and strengthen the translation of its world-class research and development activities.

$50,000 to $100,000 of funding per approved proposal is available for approved eligible applicants.

The IAP will remain open to applications until funding is exhausted, with the exception of a scheduled closure period between 1 December 2023 and 15 January 2024 to allow for overall program review.

Science into Industry Co-Investment Program

The Science into Industry Co-Investment Program aims to:

  • support research–industry partnerships in areas of strategic importance to Queensland
  • accelerate translation of Queensland’s world-class research and development
  • capture greater value from research translation in Queensland (including new jobs, startups, business growth, new products and technologies )
  • increase the success rate for Queensland universities and research institutes in securing funding from Australian Government industry–research programs.

The Science into Industry Co-Investment Program provides funding support for applications to Australian Government funding programs with a strong, Queensland-based lead and a significant industry engagement component that will benefit Queensland.

Applications to eligible Australian Government industry-research funding programs, listed in the program guidelines will be considered for co-investment.

Further information

Visit the Queensland Government Department of Environment and Science website for further information.

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