New round of industry-research funding a clever investment

The Minister for Innovation, Science and the Digital Economy and Minister for Small Business The Honourable Leeanne Enoch has released the following media statement:

 

Queensland’s position as a global innovation hotspot will gather more momentum with applications now open for the second round of Advance Queensland Innovation Partnerships program.

Innovation Minister Leeanne Enoch said the Innovation Partnerships program was a clever investment in Queensland’s economic future – designed to develop new products and new services that give the state an edge in global markets and deliver major social benefits.

Under the $15 million program, universities and research organisations can apply for grants of up to $1.5 million to undertake research and development projects. Researchers must have at least one industry partner.

“The program looks to address one of the big issues that consistently hampers the successful commercialisation of research in Australia: getting industry and the research sector to join forces and work together,” Ms Enoch said.

“It’s very important that our programs generate dividends back to the state.

“Research on its own is just great ideas, Advance Queensland programs like the Innovation Partnership program are about turning those great ideas into commercial, social and environmental outcomes that benefit all Queenslanders.”

Ms Enoch said the program supported collaborative research and development projects that addressed issues in priority areas such as agriculture, engineering, climate change, clean energy, biotechnology and advanced manufacturing.

“Earlier this year, the Queensland Government provided $9.65 million in Round One funding to 15 projects. The project partners co-invested a further $15 million,” Ms Enoch said.

“This investment in Queensland science demonstrates the Palaszczuk Government’s commitment to putting science and innovation at the heart of economic development in Queensland.

“The program is a good template for funding critical research with real economic value to the state, while improving the lives of Queenslanders by meeting some of the most important health and social challenges of our time.”

Round One projects to receive funding included research into developing new nutritionally-rich foods based on tropical pulses, developing toolboxes for the very early detection and treatment of cerebral palsy, and developing technologies that will enable the automation of underground mining vehicles.

Round Two of the Advance Queensland Innovation Partnerships program closes on 30 January 2017. To find out more visit http://advance.qld.gov.au/investors/innovation-partnerships.aspx

Media contact: Daniel Lato 0438 830 201

 

 

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