27 / March / 2018

Latest round of Ignite Ideas fund now open


Posted 27 March 2018

Queensland startups and small businesses can apply for up to $250,000 in funding to advance their innovative products and services under Round 4 of the Advance Queensland Ignite Ideas fund, which opened for applications today.

Innovation Minister Kate Jones said the Ignite Ideas fund had supported more than 200 Queensland businesses to date, through $26.5 million (three rounds) of Ignite Ideas funding, creating more than 1,000 new jobs.

“Through three rounds of funding the Ignite Ideas program has supported hundreds of Queensland companies,” Ms Jones said.

“Ignite Ideas funding has supported applicants from diverse range of sectors including tourism, agriculture, advanced manufacturing, engineering, renewable energy, information technology, virtual reality, safety and construction.

“Through this Advance Queensland program, the Queensland Government is providing innovative businesses with opportunities to take their ready-to-market idea to the next level.” 

The Advance Queensland Ignite Ideas program targets businesses with fewer than 200 staff that have a suitable working prototype that is ready to be turned into commercial reality.

“Advance Queensland is the Palaszczuk Government’s $518 million initiative to diversify Queensland’s economy, create the jobs of the future and build Queensland’s reputation as a global innovation and investment destination.”

Find out more

To see if you may be eligible, and for more information on the program, visit the Advance Queensland website. Applications for Round 4 close on Wednesday, 9 May.