Round 5 of the Made in Queensland grant program is set to open in the next few months.
With a top up of $40m, for funding over the next two years, the program targets small and mid-sized (SMEs) Queensland based manufacturers to increase international competitiveness, productivity, and innovation through the adoption of new technologies.
Round 5 guidelines are due for release soon, and we don’t anticipate significant changes to those in place for Round 4. Grants are available on a ‘matched funding’ basis, reimbursing up to 50% of eligible project costs. Regional projects with a value of up to $500,000 can claim up to 75% of eligible project costs.
As in Round 4, we expect grants of between $50,000 and $2.5m to be available to eligible companies.
Eligibility
- Based on the eligibility requirements from Round 4, eligible applicants must:
- Be a Queensland-based business in the manufacturing sector.
- Be registered for GST, with an active Australian Business Number (ABN).
- Be an SME with between five and 200 full-time equivalent employees located in Queensland.
- Have a proposed eligible project.
- More information can be found here
Do you need funding to support business growth?
Our government grants team can get you ‘grant ready’, offering advice on project scope, funding options at state and federal level, as well as application preparation services.
Talk with us now to assess your project’s alignment with the Made in Queensland program objectives.
Learn more about how our Government grants services can help you
