Funding available to solve government challenges
The Queensland Government has just launched the new Advance Queensland Small Business Innovation Research (SBIR) pilot program, to support the testing and development of new to market ideas.
The SBIR pilot is an innovative procurement process, and will provide funding to support the development of innovative solutions to complex Queensland government challenges. The three challenges released in this pilot round of the SBIR are:
- developing a flexible, sustainable, and cost-effective sport venue lighting option,
- developing and supplying affordable, fine-scale water quality monitoring solutions for the catchments of the Great Barrier Reef, and
- developing a whole-of-government asset lifecycle management solution
Funding is provided over a Feasibility and Proof of Concept stage. Innovators can apply for funding of up to $250 000 to test the feasibility of a proposed solution, and up to $500 000 to develop a proof of concept, at the discretion of the Queensland Government agency posing the challenge.
Since the SBIR pilot is a competitive procurement process, assessment of applications will take into account value for money.
Successful applicants will be able to work with a Queensland Government agency to develop, test and validate their ideas. Successful innovators will be funded through the crucial feasibility and proof-of-concept stages.
Importantly, intellectual property will remain with the innovator, and successful applicants not only have the potential to secure a Queensland Government contract, but can also take their products to markets around the world.
The SBIR pilot is based on similar innovative procurement models in the United States and the United Kingdom, which have proven to be very successful.
For more information on the SBIR pilot, including specific details for each of the challenges and a full set of assessment criteria, head to advance.qld.gov.au/sbir.
You can also stay up to date by following Advance Queensland on Twitter (@AdvanceQld) and Facebook (Advance Queensland) and join the conversation about the SBIR and other Advance Queensland programs with the hashtag (#AdvanceQld).