Expression of Interest applications for Ignite Ideas Fund Round 10 are now open. Ignite Ideas funding is available to commercialise highly innovative and new products or services that are at minimum viable product stage or beyond.
The Ignite Ideas Fund supports Queensland-based small to medium businesses that have high-growth potential to undertake commercialisation projects that will strengthen key industries in Queensland, diversify the Queensland economy, compete in domestic and global markets, engage and/or benefit regional Queensland, and to create new jobs, now and into the future.
Two tiers of funding are available.
- Tier 1 - Up to $100,000 (excluding GST) for projects of up to 12 months duration.
- Tier 2 - Greater than $100,000 and up to $200,000 (excluding GST) for projects of up to 24 months duration.
For Round 10, successful applicants will be eligible for additional business development support through our new Ignite+ program. This program will provide support across sales and marketing, customer acquisition, competitor analysis, intellectual property (IP)/legal support, financial structure, connections to mentors and sponsors, and access and introductions to business and investment networks.
Expression of Interest applications will close at 10.00am on Monday 27 March 2023. For eligibility and application process details please refer to the QSEC Members Grants page or the website link.