About the Investment Assistance Program

Applications are now open

The Investment Assistance Program (IAP) aims to:

  • raise the quantity, quality and success rate of Queensland university and research institute applications to eligible Australian Government funding programs for significant projects over $10 million with a strong industry engagement component
  • increase Queensland’s share of Australian Government grant funding and strengthen the translation of its world-class research and development activities.

Key points

  • The IAP will remain open to applications until funding is exhausted, with the exception of a scheduled closure period between 1 December 2023 and 15 January 2024 to allow for overall program review.
  • Applications must be made using the Department of Environment and Science’s online SmartyGrants portal.
  • $50,000 to $100,000 of funding per approved proposal is available for approved eligible applicants.

Eligibility

To be eligible to apply for this program the applicant must:

  • be a Queensland-based university or research institute
  • have an ABN and be GST-registered
  • have a project proposal with a total value of at least $10 million, with a minimum 25% funding commitment to be obtained from industry
  • be in the process of applying to an eligible Australian Government funding program, which is due for submission within 12 months from the date the applicant submits an IAP application.

Program guidelines

Further information about the IAP, including eligibility criteria and eligible Australian Government funding programs, is available in the program  guidelines.

How to apply

All applications must be submitted using the online SmartyGrants portal.

It is important to have read the following resources before submitting your application:

Key resources

Further information

Email: science.grants@des.qld.gov.au
Phone: (07) 3330 6360