Applications are open for the Queensland Government’s $180.6 million Sovereign Industry Development Fund.
The fund is a state government initiative to drive investment, create secure jobs, and strengthen Queensland’s sovereign capabilities.
From biofuels to cutting-edge biomedical technologies and advanced defence capabilities, the Sovereign Industry Development Fund is a call to action for industry to partner with the government.
The Sovereign Industry Development Fund forms part of the government’s plan to revitalise Queensland’s industrial base, attract private investment, and secure long-term economic growth.
It will initially focus on strategic and catalytic investment partnerships and is looking to support projects that accelerate priority industry development by creating, or significantly expanding, a sovereign manufacturing or service capability in Queensland.
Applications are open for feasible, investment-ready projects to develop a new manufacturing or service capability in Queensland, including common-use infrastructure, those that accelerate industry development and have a wider impact across the industry and Queensland.
Write to Adam Orlando at Mining.com.au
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