Current statistics – March 2026

Since July 2022, approximately $118.77 million in funding has been committed to support close to 400 recipients, who have reported that their projects are supporting close to 6890 jobs. $91 million has already been paid and the remaining $27.77 million will be paid out progressively in line with contractual milestones.

This investment has led to almost $102.04 million being contractually committed by program partners, including industry and investors.

Of the recipients, 89 (22%) are located in regional Queensland, 139 (or 34%) identify as female, and 30 (or 7%) identify as Aboriginal and/or Torres Strait Islander.

More than 2,230 (32%) of jobs supported by this funding are being reported by regional recipients, over 1,900 (27%) being reported by female recipients and over 750 (11%) being reported by First Nations recipients.

Key programs being funded include:

• Ignite Ideas Fund
• Industry Research Fellowships
• Science into Industry Initiative
• Regional Futures
• Deadly Innovation
• Backing Female Founders.

* It should be noted that commitments may be subject to change as the department enters into new contracts, and changes such as contract terminations and return of unspent funds.