Focused on post-COVID recovery, Queensland is actively investing in industry to promote growth and create jobs in the state. There are four key funding programs available to growing businesses that operate in the priority industry sectors below.
  • Advanced manufacturing

  • Aerospace

  • Beef processing

  • Biofutures, which include industrial biotechnology and bioproducts

  • Biomedical

  • Defence

  • Hydrogen

  • Mining equipment, technology and services

  • Superyacht tourism

  • Waste management and resource recovery

If you operate in a priority industry sector, and are looking to grow your business and create new jobs in Queensland, you could be eligible for one of the programs or schemes below.

We can support you in identifying the right program opportunity, developing your strategy and maximising application success. We encourage companies to speak to us early as the application process can be lengthy.

Please contact us to discuss your Queensland project and the best state-based funding opportunity to support it.

1. Funding to Regional Manufacturing Hubs

Funding to Regional Manufacturing Hubs

$17.75 million in funding is available through six regional manufacturing hubs in Cairns, Gladstone, Gold Coast, Mackay, Rockhampton and Townsville. The Hubs support regional business to modernise manufacturing, increase international competitiveness, lift productivity and stimulate sustainable job growth. For more information visit the Queensland’s regional manufacturing hubs.

2. $350m Industry Partnership Program

$350m Industry Partnership Program

Part of the $3.4 billion Queensland Jobs Fund, the Industry Partnership Program (IPP) supports companies in priority industry sectors to grow and create jobs in Queensland. The IPP supports productivity growth and increased economic resilience by strengthening Queensland's industries, targeting supply chain growth and delivering on specific industry development strategies. The flexible program offers tailored financial and non-financial assistance including:

  • Financial incentives (cash reimbursement grants, interest-free or concessional loans)
  • Fiscal incentives (payroll tax reimbursements and relief from other State fees and charges)
  • Case management and government liaison to coordinate approvals, business matching and advocacy

Eligibility:

  • be an ABR registered business or be the lead organisation of a collaborative project
  • 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

For more information visit the Industry Partnership Program website.

3. Strategic Investment Scheme

Strategic Investment Scheme

The Strategic Investment Scheme (SIS) provides tailored assistance packages to businesses to undertake new investment, significant expansions or capability enhancement projects that promote jobs growth and economic activity throughout Queensland. Assistance includes:

  • Financial assistance (cash grants or payroll tax rebates)
  • Non-financial assistance and support

Eligibility:

  • This is a program for interstate and international based businesses undertaking large-scale projects.

For more information please visit the Investment schemes website.

4. Investment Support Scheme

Investment Support Scheme

The Investment Support Scheme (ISS) targets businesses with contestable projects, encouraging them to invest in Queensland over other jurisdictions. It targets international businesses to invest in Queensland through a transfer or expansion of operations. Assistance includes:

  • Financial assistance (payroll tax rebates, land tax and/or transfer duty rebates).

Eligibility:

  • This is a program for Queensland-based businesses considering reinvestment with a contestable investment decision.

For more information please visit the Investment schemes website 

Learn more about how our Innovation Incentives services can help you
Learn more about how our Innovation Incentives services can help you
Visit our Innovation Incentives page