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    Coat of ArmsMedia Release
    JOINT STATEMENT
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk
    Minister for Housing and Public Works and Minister for Science and Innovation
    The Honourable Leeanne Enoch

    Advance Queensland boosts state’s status as innovation hub

    JOINT STATEMENT

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Minister for Housing and Public Works and Minister for Science and Innovation
    The Honourable Leeanne Enoch

    Thursday, November 19, 2015

    Advance Queensland boosts state’s status as innovation hub

    Queensland’s status as a global innovation hub is set to grow through a new $25 million Advance Queensland funding program that encourages collaboration between industry, universities and research organisations to fast track ideas into products.

    Premier Annastacia Palaszczuk today announced that universities and research organisations can apply for grants of up to $1.5 million to undertake research and development projects in collaboration with an industry partner.

    “The $25 million Advance Queensland Innovation Partnerships program seeks to accelerate the development of emerging industries and technologies that could provide Queensland with a competitive edge in global markets,” Ms Palaszczuk said. 

    “It encourages small to medium sized enterprises, industry organisations or not-for-profits to work on projects with the research sector to help translate more innovative ideas into new products, services or business models. 

    “The focus will be on supporting projects that address issues in priority areas such as agriculture, engineering, climate change, clean energy, biotechnology and advanced manufacturing. 

    “Investment in these areas will help Queensland develop and grow as a global innovation hub that provides a gateway into international markets.” 

    Science and Innovation Minister Leeanne Enoch said the program will leverage on investment that applicants have already secured and match this with funding of up to $1.5 million over three years to help cover the costs of undertaking the project. 

    “Today’s announcement is building upon major flagship partnerships we’ve already secured as part of Advance Queensland that are attracting global attention and will deliver the ultimate goal of turning ideas into jobs,” Ms Enoch said. 

    “The Advance Queensland Johnson & Johnson Innovation Quick Fire Challenge was launched under this partnership and is focused on innovative health research and development in our state. 

    “The Queensland Emory Drug Discovery Initiative is a collaboration between The University of Queensland and Emory University in Atlanta, USA, that will accelerate the development of promising treatments into drugs targeting diseases such as cancer and diabetes. 

    “Projects such as these will help grow Queensland’s knowledge economy and position our state as an attractive investment destination.” 

    Find out more on the Innovation Partnerships program at www.qld.gov.au/advanceqld

    Media contact: 0437 859 987