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Is your business eligible for these Queensland-specific grant initiatives? Thursday 12 Oct 2017

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The Queensland State Development Department is currently offering three Queensland-specific grant initiatives to further support and promote new technologies.

These grant programs are:

  • Biomedical Assistance Fund;
  • Made in Queensland; and
  • Small Business Digital Grants Program.

Small Business Digital Grants Program

The Small Business Digital Grants Program provides small businesses with access to digital technologies and services to enable them to work smarter, engage with the global economy and make the most of online business opportunities arising from digital disruption.

The program provides matched funding from $1,000 to a maximum of $10,000 (excluding GST). The businesses must show that the digital technology or service purchased and adopted will enhance the digital capabilities of their business, help them to be more competitive and employ more staff.

The program is targeted to small businesses (less than 20 staff), and applications close on 24 October at 5pm.

Biomedical Assistance Fund

The Biomedical Assistance Fund is a $2 million initiative that provides successful recipients with matched funding to meet a meaningful progression in a product development plan that will greatly enhance the possibility of attracting follow-on funding.

Grants between $50,000 and $250,000 (excluding GST) will be awarded to progress innovative technologies with commercial potential to a value-adding or risk-reducing technical milestone.

Applications for the Biomedical Assistance Fund are now open and close on 2 November 2017 at 11am.

Made in Queensland

Made in Queensland is a $20 million Queensland Government grant initiative, aimed at supporting the manufacturing sector to become more internationally competitive and adopt innovative processes and technologies.

Small to medium sized Queensland manufacturing businesses are invited to register their interest in the Made in Queensland program. Eligible registrants will receive support from the department to undertake a benchmarking program which will address areas where their businesses can become more competitive and create high-value jobs for Queenslanders.

Contact our Government Grants experts to learn more about these initiatives or to ask about other funding options relevant to your business.

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