Frequently asked questions

How to apply

Before submitting an application:

What is the closing date for applications?

  • The IAP will remain open until all funding is exhausted.
    Note: there is a scheduled closure period between 1 December 2023 and 15 January 2024 to allow for overall program review. No applications will be accepted during this period.
  • Updates on funding availability will be published from time to time.
  • Subject to successful approval of applications, grants will be awarded in the order that applications are received until all funding is allocated.

What financial years will funding cover?

  • Program funding is available for approved applications commencing FY2023–2024.
  • Program funding will be paid in accordance with Grant Agreement milestones for approved applications.

Does the applicant need to be Queensland-based?

Yes. The IAP funding must be expended wholly in Queensland unless it can be demonstrated that expenditure outside of Queensland is essential to ensure successful delivery of the project.

The project proposal must be headquartered in Queensland, see a significant proportion of the research take place in Queensland and a breadth of Queensland-based industry partners.

How is an eligible research institute defined?

For the purposes of the IAP, an eligible research institute is defined as:

  • an approved research institute as defined by the Australian Government
  • an eligible research institute defined as such under the targeted eligible Australian Government funding program.

When will I be notified about the outcome of the application?

The department will endeavour to process applications within eight weeks, noting that this is subject to obtaining relevant approvals. There will be a scheduled program closure between 1 December 2023 and 15 January 2024 to allow for overall program review.

Can I apply for the IAP and then apply to the Science into Industry Co-investment Program?

Yes. Provided your proposal meets the eligibility criteria for the Science into Industry Co-investment Program you can apply to both the Investment Assistance Program and then to the Science into Industry Co-investment Program.

I have already completed stage one of applying to an Australian Government funding program that meets the requirements in the guidelines, can I now apply for IAP Tier Two funding?

No. If you have not received IAP Tier One funding you cannot apply directly for IAP Tier Two funding. Tier Two funding is only available for applicants that have already received Tier One funding.

Key documents and links