Industry Partnership Program

The Industry Partnership Program (IPP) supports major projects that grow priority sectors, create jobs, develop supply chains and attract private sector investment in Queensland. 

The Queensland Government recently allocated an additional $53.5 million to the Program, specifically targeted at supporting investment-ready projects that align with:

• Priority industries under the Queensland New-Industry Development Strategy (critical minerals, renewable energy, battery, green hydrogen, sustainable aviation fuels, resource recovery and recycling) 
• Delivery of the Queensland Biomedical 10-year Roadmap and Action Plan (e.g. medtech, vaccine, digital health and other capabilities)

The IPP offers grant funding towards up to 50% of capital costs of major initiatives undertaken in Queensland by for-profit organisations. Historically, the Program has been leveraged to catalyse private sector investment into major upgrades or establishment of manufacturing facilities with the potential for large-scale job creation and to boost Queensland’s capabilities in priority industries.  

Who should apply? 

Consider applying for the IPP if you are a business in one of the above priority industries, and planning a Queensland-based project that involves: 

• Creation of at least 10 new, ongoing FTE roles; and 
• A capital investment of over $20 million to either: 
  • Undertake a major upgrade of an existing facility, such as installation of state-of-the-art manufacturing technologies; 
  • Establish infrastructure that creates new supply chain capabilities in Queensland, such as commercial scale upstream processing capabilities required for value-add manufacturing; or 
  • Create a new facility to enable greater scale and lower cost of production to boost competitiveness in interstate or global markets, such as a scale-up advanced manufacturing facility. 

The IPP presents a lucrative opportunity for businesses in Queensland’s biomedical and low emissions technology sectors to turbocharge major capital investments, while positioning Queensland as a destination of choice for these high growth sectors in Australia. 

For more information

To learn how our government grants team can assist you in applying for grant funding under the Industry Partnership Program, please contact Dr Stephanie Guiney at (07) 3058 7520 or Dr Rebecca Barnes at (08) 8214 7944.