Deadline: 28 September 2023
The Queensland Government is providing funding to eligible organisations to support coordination and collaboration in the innovation economy and accelerate the development of innovation places.
The objectives of the 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; and
- strengthen the development, effectiveness, and sustainability of Queensland’s innovation precincts and places.
An innovation precinct or place is defined as having the following elements:
- a brand/identity as an innovation precinct or place
- an existing, clearly defined, established physical site in Queensland
- the site co-locates two or more entities who have a shared vision/agreement and/or common interest, at least one of which is a commercial and/or research entity
- an objective to foster innovation and collaboration across the precinct or place partners.
The Strategic Initiatives Program will assist existing Queensland-based innovation precincts and places to access funding to obtain strategic advice including an action plan that will deliver on the following:
- best-practice governance frameworks
- investment attraction strategies
- operational (land and building/asset) assessment strategies.
The strategic advice including action plan obtained must set out tangible and achievable actions which will be implemented by the innovation precinct or place.
Funding Information
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.
Eligibility Criteria
- 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.
For more information, visit Queensland Government.
