Status
Open
Provider
QLD Department of State Development, Infrastructure, Local Government & Planning
Amount
Unspecified
Rounds
None - Always Open
Location
Who Can Apply
Co-contribution Required?
Yes
Invests $350 million to continue to grow and create jobs across a number of priority industry sectors such as advanced manufacturing, hydrogen, biofutures, biomedical, defence, aerospace, space, resource recovery and METS.
The Industry Partnership Program is now open for registrations of interest.
Applications may be submitted by private and public companies, or partnerships.
Collaborative projects are encouraged and may include the participation of local governments, industry partnerships or regional and industry groups. However, applications must be submitted by a single organisation that complies with the eligibility criteria.
The objectives of the program are to:
1. Maintain, enhance and grow industry, including employment, within priority industry sectors by:
- Maintaining the existing industry footprint in industries or locations of strategic importance
- Expanding the existing industry footprint
2. Develop and strengthen supply chain capability
3. Increase the number and/or value of new and existing employment opportunities in Queensland
4. Increase private sector investment
5. Encourage partnership and collaboration between industries and companies along the supply chain.
To be eligible, a project must meet all these criteria:
- Be located in Queensland or have tangible benefits for Queensland
- Have a minimum total project cost of $200,000 which can be either operational or capital costs
- Be unlikely to proceed at this time without assistance, or demonstrate that stages will be brought forward
- Not have already commenced.
Through the Queensland Job Fund, the Queensland Government will work together with business, industry and research institutions to tailor flexible incentives that facilitate cross-sectoral opportunities, unlocking growth in multiple industries or supply chains, and have a broad impact on the economy.
Incentives can be non-financial and financial offered in assistance packages developed specifically to suit each project. The range of assistance may include:
- Case management for individual high-value and complex projects to assist with facilitating approval processes, whole-of-government liaison and coordination of infrastructure requirements
- Leveraging government assets such as infrastructure and land, and considering rental assistance
- Leveraging government procurement where appropriate by entering into product supply and offtake arrangements
- Supply chain coordination and assistance, such as business capability development, business and supplier matching
- Leveraging external co-funding programs to maximise support available to projects
- Advocacy such as policy and strategy development, major project development, government liaison, marketing and promotion, and research
- Fiscal incentives such as payroll tax reimbursements and relief from other State fees and charges
- Financial incentives such as cash reimbursement grants, interest-free or concessional loans.
The Industry Partnership Program now includes committed funding:
- Up to $20 million within the boundaries of the Australian Government's Modern Manufacturing Initiative funding guidelines, towards the development of the Translational Manufacturing Institute at the Translational Research Institute (TMI @ TRI)
- $43.148 million towards the Building Acceleration Fund to accelerate economic recovery through a co-investment in additional catalytic infrastructure projects around the state creating over 120 construction jobs
- $26 million over 4 years to continue to build Queensland's economic strengths through implementation of the priority industry roadmaps and strategies.
**The program will remain open until funds are exhausted.**
Click here to view full funding guidelines on the provider's website.