Industry Tech Fund QLD

The Industry Tech Fund provides funding to businesses participating in collaborative, large scale, co-funded technology projects to accelerate new products and services.

Application detail:

Applications may be made at any time.

What do you get?

Funding of between $250,000 and $5 million.

Who is this for?

Queensland businesses participating in co-funded, collaborative technology projects.


Industry Tech Fund provides businesses participating in collaborative, large scale, co-funded technology projects with funding to accelerate the emergence of new products and/or services based on a platform technology.

A platform technology is a group of technologies that is used as a base upon which other applications, processes or technologies are developed.

Platform technologies that may be incorporated into eligible projects include, but are not limited to:

  • autonomous vehicles
  • sensors
  • robotics
  • application of big data
  • artificial intelligence
  • nanoelectronics and nanotechnologies
  • biotechnology
  • advanced manufacturing
  • quantum technologies
  • advanced materials

Funding of between $250,000 and $5 million is available. Projects will be funded at a minimum 1:3 ratio of government-to-applicant funding.

Funded projects may span up to 3 years.

What are the eligibility criteria?

To be eligible, you must:

  • be a goods and services tax (GST) registered business with an Australian business number (ABN)
  • have a minimum of 3 QLD based partners
  • have total cash contributions (from the applicant and partner organisations) that are at least 3 times greater than the funding sought
  • be able fund at least 75% of the cost of the eligible project
  • have ownership, access to, or beneficial use of, any intellectual property necessary to carry out your project

Eligibility criteria also apply to the project and the project costs.

How do you apply?

There is a two-stage application process.

Stage 1 expressions of interest (EOI) may be submitted at any time.

Following the assessment of the EOI applications, successful applicants will be invited to submit a full Stage 2 application.

You can find out more about eligibility and how to apply at Industry Tech Fund.

Funding for businesses in co-funded, collaborative technology projects