Ignite Ideas Fund

Been shortlist and need a bit of help?

Call 1300 658 508

 

What is the Ignite Ideas Fund?

The Ignite Ideas Fund provides up to $200,000 to help Queensland based start-ups to commercialise innovative products.

 

Background

The Queensland Government’s Advance Queensland initiative focuses on economic recovery, growing the economy and creating jobs. This includes supporting the growth of Queensland businesses to deliver new products and services into domestic and global markets, and establish new industries that will provide the jobs of the future.

 

Objectives

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
  • create new jobs, now and in to the future.

Need Assistance?

Call 1300 658 508

Ignite Ideas Fund

Funding

Ignite Ideas Funding is available under two Tiers:

  • Tier 1 – Up to $100,000 for projects of up to 1 year
  • Tier 2 – Up to $200,000  for projects of up to 2 years

 

Eligible Projects

Ignite Ideas Fund projects should focus on activities that commercialise a new and innovative product or service and fall within the following eligible cost categories:

  • salaries of project staff (including salary-related on-costs)
  • services provided by (unrelated) external parties
  • consumables and equipment
  • travel, accommodation and subsistence costs.

It is expected that all Ignite Ideas funding will be expended in Queensland, unless it can be demonstrated that expenditure outside Queensland is essential to ensure successful delivery of the project. Project costs must be deemed appropriate for the project and reasonable in nature by the Department.

 

Eligible Applicants

To be eligible to apply for the Ignite Ideas Fund, the applicant organisation must:

  • be a business or start-up organisation headquartered in Queensland as at the application closing date
  • be registered for GST as at the application closing date
  • have no more than 50 full-time-equivalent employees
  • not be a subsidiary of a group of companies that has more than 50 full-time-equivalent employees in total
  • not have received funding for the proposed project activity from either the State, Federal or Local Government

If applying for Tier 1, the applicant organisation and/or related parties must:

  • not have received Ignite Ideas funding previously
  • make a cash contribution to the project that is at least equal to 20% of the value of grant funding sought.

If applying for Tier 2, the applicant organisation and/or related parties must:

  • not have received an Ignite Ideas Fund Tier 2 grant previously
  • have successfully completed any project funded under Tier 1 of the Ignite Ideas Fund (if relevant)
  • make a cash contribution to the project that is at least equal to the amount of grant funding sought
  • have been registered with the Australian Securities and Investments Commission (ASIC) prior to 1 July 2018

Organisations and their related parties are limited to one application per funding round.

Need Assistance?

Call 1300 658 508

Ignite Ideas Fund

 

Timing

Expression of interest applications for Ignite Ideas Fund Round 9 are now closed.

 

How to get the Ignite Ideas Fund?

In order to get this grant you will need to demonstrate that:

Your product:

  1. is clearly innovative, unique and new
  2. addresses an identified/significant market need
  3. has export potential

You have:

  1. a sound understanding of potential market and competitors
  2. a clear evidence of demand or support from identified 
  3.  undertaken acceptable project planning, feasibility, budget and timeframes
  4. the required technical and management capability
  5. a proven background of managing similar projects

Your project:

  1. is well planned and feasible via a project budget with key milestones and timeframes
  2. establishes the market potential for your product within a reasonably short commercialisation timeline
  3. can be resourced and can provide matching funds
  4. addresses the identified project risks
  5. will benefit the State of Queensland such as increased employment
  6. will benefit any Queensland regions (outside of south east Queensland)

 

More Information

 

These are the things to focus on

Latest News

Little Phil, a charity fundraising platform backed by the QLD Government’s Ignite Ideas Fund, has released its AI-powered charity assistant, which helps charities and causes access the latest emerging technology to save time creating blogs, emails, and social media posts. The AI-powered assistant leverages cutting-edge machine learning technology to quickly generate optimised social media campaigns with a few simple clicks. The newly appointed Australian Charities and Not-for-Profit Commission (ACNC) Commissioner (Sue Woodward AM) has shown a keen interest in using tech for good, recently providing guidance on cryptocurrency donations.

Source

Global Road Technology (GRT)  recently received $100,000 in the Round 9 Ignite Ideas Funding through the Advance Queensland innovation initiative designed to support the state’s businesses undertaking commercialisation projects that will benefit the economy now and into the future.

GRT has received funding to promote its SMART Dosing Unit, an automated dosing system designed to reduce dust pollution and silicosis.

GRT’s SMART dosing technology is gaining traction in the mining industry, with trials being run on some of the biggest mine sites. It uses IoT technology to remotely control and automate product use. GRT is grateful for the support of the Queensland Government’s Advance Queensland Ignite Ideas initiative.

Source

Bloom recently received $100,000 through the Advance Queensland Ignite Ideas Fund Round 9, which they will put towards increasing sales and fast-tracking commercialisation of their product.

Bloom Impact Investing’s vision is a world where a carbon-free economy allows people and the planet to thrive.

Co-founders, Camille Socquet-Clerc and Bertrand Caron, established Bloom in 2019 because they wanted to fix climate change at scale and wanted to make investing in renewable energy projects and cleantech accessible to everyone, not just the ultra-wealthy.

Source

Two Newstead companies have been selected as beneficiaries of the Ignite Ideas fund, an initiative helping Queensland-based start-ups and small-to-medium businesses commercialise their products and services.

Information technology company Brancher has received $100,000 for their virtual mentoring and career development platform.

Earthoffset, which also trades as Monty Compost Co, has received $100,000 for their organic waste recycling technology.

Source

Round 9 Recipients

Program

Period

Project

Location

Sector

Amount

Round

Ignite Ideas

2022

Virtual paediatric emergency care for Queensland Health services

Emerging Healthcare Operations Pty Ltd

 

Health Care and Social Assistance

$100,000

9

Ignite Ideas

2022

Commercialising coice technology supporting phone/online communication in voice-impaired communities

Laronix Pty Ltd

 

Health Care and Social Assistance

$197,950

9

Ignite Ideas

2022

Digital IP licensing marketplace for video gaming industry

Layer Labs Pty Ltd

 

Information, Media & Telecommunications

$200,000

9

Ignite Ideas

2022

Patient-centred platform for chronic disease self-monitoring, management, and communication

Liquid State Pty Ltd

 

Information, Media & Telecommunications

$100,000

9

Ignite Ideas

2022

Commercialisation of Mineral Fox Botanicrete to the Australian market

Mineral Fox Pty Ltd

 

Manufacturing

$100,000

9

Ignite Ideas

2022

Commercialising ORDO, a mining supervisor’s shift planning digital toolkit

Ordo Enterprises Pty Ltd

 

Mining

$100,000

9

Ignite Ideas

2022

Data driven AI for resource optimisation

Predico Software Pty Ltd

 

Mining

$177,000

9

Ignite Ideas

2022

Shaipup – a knowledge brokering marketplace

Terracipher Pty Ltd

 

Professional, Scientific and Technical Services

$100,000

9

Ignite Ideas

2022

Real-time wheel bearing monitoring for trucks caravans and trailers

The Smarter Towing Company Pty Ltd

 

Manufacturing

$100,000

9

Ignite Ideas

2022

Commercialising LokaBox

Townlec Auto Electrical Pty Ltd

 

Transport, Postal & Warehousing

$99,500

9

Ignite Ideas

2022

Modular, scalable and flat-packable commercial (large-scale) worm farms

Wdu Enterprises Pty Ltd

 

Waste Management

$92,940

9

Ignite Ideas

2022

All-in-one digital freight management platform for small cargo importer businesses

My Virtual Freight Forwarder Pty Ltd

 

Transport, Postal & Warehousing

$100,000

9

Ignite Ideas

2022

Digital platform to make renewables and cleantech investments accessible

Bloom Impact Investing Pty Ltd

 

Finance

$100,000

9

Ignite Ideas

2022

Switch4Schools – student mental health and wellbeing

Decida Digital Pty Ltd

 

Education and Training

$100,000

9

Ignite Ideas

2022

Precision magnetic fields for scientific and industrial applications

Elemental Instruments Pty Ltd

 

Manufacturing

$45,000

9

Ignite Ideas

2022

Portfolio risk analysis software

Flametree Technologies Pty Ltd

 

Finance

$100,000

9

Ignite Ideas

2022

SMART Dosing Unit for mining dust suppression and Wwter management

Global Road Technology Holdings Pty Ltd

 

Mining

$100,000

9

Ignite Ideas

2022

Flow-Bag Oxygen Mask Respiratory Indicator

Pemdx Pty Ltd

 

Health Care and Social Assistance

$100,000

9

Ignite Ideas

2022

Toucan

Spur Labs Pty Ltd

 

Professional, Scientific and Technical Services

$200,000

9

Ignite Ideas

2022

Stackle for innovating and personalising online learning

Stackle Pty Ltd

 

Education and Training

$98,500

9

Ignite Ideas

2022

10,000 Safer Cities – autonomous façade assessment system

Voltin Operations Pty Ltd

 

Construction

$100,000

9

Ignite Ideas

2022

Watergum Cane Toad Tadpole Trap and Lures

Watergum Community Inc

 

Agriculture

$200,000

9

What is the #1 grant for start-ups?

12,000+ companies access the R&D tax incentive per year that yields a CASH REBATE of up to 43.5%.
This might be perfect your start up.
Do you want to know more?

Scroll to Top
R&D Top 10 Consultant Tips

Top 10 Consultant Tips to Maximise the R&D Tax Incentive