Made in Queensland Program Round 7
The Made in Queensland Program provides grant funding to support QLD small to medium enterprises (SME) to increase manufacturers’ international competitiveness, productivity and innovation.
Program Objectives
The objectives of the Made in Queensland Program include:
- increasing the productivity, profitability and international competitiveness of QLD based manufacturing SMEs.
- encouraging more QLD based manufacturing SMEs to become Advanced Manufacturers.
- supporting traditional manufacturing jobs and creating the new high-skilled manufacturing jobs of the future.
Funds available under the Made in Queensland Program
Grants of between $50,000 to $2.5 million (excluding GST) will be made available as matched funding for eligible project costs incurred on eligible projects on a dollar-for-dollar cash basis.
Note funding under the program is limited to a maximum of $2.5m over all rounds of the program. So you could apply for several programs as long as the total funding requested is under $2.5m.
Eligibility for the Made in Queensland Program
To be eligible you must:
- be a QLD-based business whose principal activity and majority annual turnover is derived from manufacturing.
- be an SME with between five and 200 full-time equivalent (FTE) employees. A minimum of 5 FTE employees must be located in QLD.
- have a proposed Eligible Project based in QLD.
- have the financial capacity and standing necessary to conduct the proposed Eligible Project.
- not be insolvent or have owners or directors that are an undischarged bankrupt; and
- not be a federal, state or local government entity, statutory authority or special purpose vehicle or not-for-profit organisation.
Eligible Projects
To be an Eligible Project, the project must:
- be consistent with the Program Objectives,
- be for one or both of the following industry leading activities:
- implementing advanced robotics and/or Industry 4.0 and/or 5.0 equipment, that demonstrates it will enable the applicant’s products/processes and markets to be different from those of its Queensland manufacturing competitors
- implementing a sector-relevant technology, system or process
- be designed to achieve significant business transformation that embraces Industry 4.0 and/or 5.0 (see below)
- have a project site address in Queensland.
- not have commenced, and not be scheduled to commence, until after a Funding Agreement has been executed.
- not be subject to funding under any other Local, State or Federal Government grant or scheme.
Industry 4.0, is the integration of intelligent digital technologies (such as big data, analytics, automation and robotics) with manufacturing processes. This improves cost, productivity, profitability and manufacturing processes, to create ‘smart factories’.
Industry 5.0, builds on Industry 4.0 with a human-centric focus, where humans and technology work side-by-side to enhance and improve manufacturing processes, resilience and sustainability.
Eligible project costs
Eligible project costs mean those costs and expenses reasonably incurred in connection with the Eligible Project but excluding any ineligible project costs of which there is a long list.
The Application process
To apply for the Made in Queensland Program it is a 2 step process.
In stage 1 you submit a Stage 1 application which is assessed against a set of predetermined criteria. Shortlisted Stage 1 applicants (i.e. those with the highest score) with be invited to submit a Stage 2 application.
Stage 2 applicants will be assessed and scored against the Value for Money assessment criteria. Applications will then be ranked and, grants will be awarded to those Shortlisted Applicants with the highest ranked applications, where funding remains available to be allocated.
Learn More
To learn more and submit a Stage 1 Application click here.
Note Stage 1 applications close at 1.00 pm on 24 January 2025.
Contact Wayne on wayne@arealcfo.com.au or 0412 227 052.
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Want a confidential discussion on your business situation, help with your grant application or to learn more about my Outsourced CFO Services, simply email me at wayne@aRealCFO.com.au or call me on 0412 227 052
