State Government announces grants funding to create sustainable jobs
Joint Media Statement: Member for Greenslopes, Joe Kelly MP & Member for Bulimba, Di Farmer MP
Member for Bulimba Di Farmer MP has today announced up to $8 million in funding for businesses trying to commercialise new products, scale-up and penetrate new markets.
Ms Farmer said startups and small-to-medium businesses were eligible for grants of up to $200,000 through round five of the Advance Queensland Ignite Ideas Fund.
“Since its launch three years ago, we’ve invested $34 million to support almost 270 companies through the Ignited Ideas program. This is to help Queensland businesses to grow, employ more staff and support the economy,” she said.
“Already, we’ve created 1000 new jobs through Ignite Ideas with about two-thirds located in regional Queensland.
“That’s what our Advance Queensland strategy is all about – creating the jobs of the future in our state.”
Member for Greenslopes Joe Kelly said previous successful local start-ups on the South Side included Customer Acquisition’s Actualisation Group.
“Customer Acquisition received $100,000 to support their platform that encourages kids from all over the world to write and share stories. The project aims at increasing market adoption of the platform”
“It’s exciting to see local innovation come to life and present local job opportunities,” Mr Kelly said. Other success stories include Aurtra – a Queensland company that received $100,000 to develop a data logger which is now being used throughout the US and Australia to monitor transformers for power supply.
“Each of these has great commercial potential. They are looking to export their products overseas and create sustainable jobs in Queensland,” Mr Kelly said.
“We’re committed to investing in innovative local companies that employ Queenslanders. I encourage anyone with a product ready for the next big step to apply for an Ignite Ideas grant.” Applications for expressions of interest close on 25 March 2019.
For more information, visit advance.qld.gov.au/entrepreneurs-startups/ignite-ideas-fund.aspx