Deadly Deals Initiative

What is Advance Queensland Deadly Deals Initiative?

Deadly Deals Initiative provides grants to support Indigenous businesses and innovators to undertake the next step in the development of a product, process or service to market.

Background

The Queensland Government’s Advance Queensland initiative focuses on growing the economy and creating jobs. This includes supporting the start-up and growth of Aboriginal and Torres Strait Islander businesses (Indigenous businesses) to deliver new products, processes and services, and establishing new industries that will provide the jobs of the future.

Objectives

Deadly Deals aims to:

support growth in priority industry areas in Queensland
help diversify the Queensland economy
engage and/or benefit regional Queensland
create new jobs or career pathways for Aboriginal and/or Torres Strait Islander people

Funding

Deadly Deals will provide successful applicants with up to $100,000 (excluding GST) to progress the development of a product, process or service developed by an Indigenous business to a stage at which they are able to enter the product, process or service into the market or attract follow on funding from other sources to get their product, process or service to market (‘the proposed project’).

Eligible Projects

Deadly Deals initiative funding is a flexible investment to support a key activity that is important for the development of a product, process or service to market. The funding can only be used to meet the cost of activities that advance a product, process or service to market.

The proposed project must be:

supported by a Business Plan, Feasibility Study or equivalent documentation; and
capable of being completed within 12 months.

Eligible Applicants

This is a targeted initiative, only available to applicants who are invited by the Department of Innovation, Tourism Industry Development and the Commonwealth Games (DITID) to apply.

To be eligible to apply the applicant organisation must:

receive a formal invitation to lodge an application from DITID
have previously applied for funding for the proposed project from another funding program and been unsuccessful OR be unable to meet the funding requirements of any currently offered Advance Queensland program
be an Indigenous business
have a valid Australian Business Number (ABN) and be registered for GST
be headquartered in Queensland
have no more than 50 full-time-equivalent employees
not be a subsidiary of a group of companies that has 50 or more full time equivalent employees in total.

Timing

Applications are now closed.

More Information

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