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Made in Queensland Round 5

Made in Queensland

Round 5

Newsletter | November 9, 2022


 

Made in Queensland (MIQ) is a $101.5 million Queensland Government program helping small and medium sized manufacturers to increase international competitiveness, productivity and innovation via the adoption of new technologies, and to generate high-skilled jobs for the future.

The MIQ program is part of the Queensland Advanced Manufacturing 10-Year Roadmap and Action Plan to support our manufacturers.

The $20 million Round 5 of Made in Queensland is for Queensland-based manufacturers looking to adopt the processes, practises and equipment of Industry 4.0 implementing projects that include energy efficiency, export, reshoring, supply chain improvements, sustainability and/or decarbonisation

 

STAGE 1

Stage 1 involves an applicant submitting an application. If the applicant demonstrates they meet the project Eligibility Criteria, they will be evaluated and scored against the assessment criteria set out in Section 2.9. Applicants with the highest ranked Stage 1 Applications will then be invited to submit their Stage 2 application.

 

STAGE 2

Stage 2 applicants will be assessed and scored against the Value for Money assessment criteria set out in Section 2.9. Applications will then be ranked and grants will be awarded to those highest ranked shortlisted applicants.

 
 

FUNDING & TIMELINE


PURPOSE: An MIQ grant will support an eligible Queensland-based manufacturing SME by reimbursing up to 50 per cent of the Eligible Project costs proposed.

FUNDING: between $50,000 to $2.5 million (excluding GST)

  • available as matched funding for eligible project costs on a dollar-for-dollar cash basis;
  • awarded following a two-stage competitive selection process.

OPEN DATE: 31 October 2022

CLOSING DATE: 12 December 2022. 9am

The key timeframes for the assessment process will vary based on the number and complexity of applications received by the Department. As such, indicative dates will be provided as assessments progress. The Department anticipates that assessment of Stage 1 applications will take up to 16 weeks (four months) from the closing date, depending on the volume received.

 
 

WHO CAN APPLY


To be eligible for an MIQ grant, an applicant must:

  • be a Queensland-based business whose principal activity and majority annual turnover is derived from manufacturing, as defined under Division C of the Australian Bureau of Statistics’ Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006;
  • be registered for GST and hold an active Australian Business Number (ABN);
  • be an SME with between five and 200 full-time equivalent (FTE) employees. A minimum of 5 FTE employees must be located in Queensland;
  • have a proposed Eligible Project that meets the requirements set out in Section 2.4;
  • be able to demonstrate the expected outcomes of the proposed Eligible Project;
  • have the financial capacity and standing necessary to conduct the proposed Eligible Project recognising that the grant payments are made in arrears;
  • accept that the Department may require security over any or all of the funded items;
  • not have, and must not be, an Associated Entity that has received (or be about to receive) funding under the MIQ Program that in aggregate exceeds, or will exceed $2.5 million;
  • not have made, and must not be an Associated Entity that has made, an application under Round 5 of the MIQ Program that in aggregate exceeds, or will exceed $2.5 million;
  • not be insolvent or have owners or directors that are an undischarged bankrupt.

 
 

FUNDING OBJECTIVES


The Made in Queensland grant are to support the Advanced Queensland Priorities and the Department of Regional Development, Manufacturing and Water’s (the Department) Strategic Direction by:

  • increasing the productivity and international competitiveness of Queensland-based manufacturing SMEs;
  • encouraging Queensland-based manufacturing SMEs to adopt innovative processes and technologies;
  • encouraging more Queensland-based manufacturing SMEs to become Advanced Manufacturers; and
  • supporting traditional manufacturing jobs and creating the new high-skilled manufacturing jobs of the future. The Program will also support SME manufacturers to achieve energy efficiency, export, reshoring, and decarbonisation outcomes.

 
 

ELIGIBLE PROJECTS


The eligible project must:

  • be consistent with the Program Objectives;
  • involve the introduction of equipment, a process or technology not currently used by the applicant that is industry-leading (best practice) such as:
    • implementing advanced robotics/ advanced industry 4.0 equipment
    • implementing a sector relevant system or process – the development of a plan or strategy.
  • the design aims to achieve the desired business transformation, embracing Industry 4.0 (digitisation, interconnected factory, big data analytics etc.);
  • have a project site address in Queensland;
  • not have commenced, and not be scheduled to commence, until after a Funding Agreement has been executed;
  • not be the same as a project approved under any previous round of MIQ where an agreement has already been entered into between the Department and the applicant; and
  • not be subject to funding under any other Local, State or Federal Government grant or scheme.

Project examples may include:

  • Process Improvements
  • Advanced Robotics
  • New Technologies
  • Advanced Systems
  • Professional Advice
  • Improvement Planning
  • Decarbonisation
  • Market Expansion Planning
  • Associated project costs critical to the success of the proposed MIQ

NOTE: Further details can be found on page 3 of the guidelines

 
 

More Information

 

For tips on lodging your Made in Queensland Application
Give us a call or schedule an assessment


 
 

Services
Ryan can assist with services such as:

  • Scope your potential to claim various grant programs
  • Assist with the preparation and lodgement of grant applications
  • Review or provide a health check on your internally prepared grant applications
  • Establish record-keeping practices as required under various grant programs
  • Provide prepayment loans against future cash refunds under the R&D Tax Incentive
  • Keeping industry informed on all new Government policy and grant initiatives

Don’t hesitate to give us a call or schedule a free assessment.

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