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Quantum and Advanced Technologies Co-Investment Program

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Up to $5 million to accelerate the development of Queensland’s quantum and advanced technologies ecosystem through leveraging co-investment from Australian Government programs and other funders.

What is the Quantum and Advanced Technologies Co-Investment Program (QATCIP)?

The Quantum and Advanced Technologies Co-Investment Program (QATCIP) was announced by the Queensland Government on 4 October 2023. This initiative is part of the Queensland Quantum and Advanced Technologies Strategy and is designed to accelerate the development of Queensland’s quantum and advanced technologies ecosystem through leveraging co-investment from Australian Government programs and other eligible funders.

QATCIP level of support

The QATCIP offers a total of $15 million in funding.

  • Minimum grant amount: $250,000
  • Maximum grant amount: $5,000,000.

Applicants can apply for funding up to the total value of the combined eligible cash and in-kind commitments of the external funding partner(s), but the eligible cash component must be at least 50% of the funding requested.

QATCIP important dates

  • The QATCIP operates as a continuously open program until the available funding is fully committed or the program is closed or suspended by the department.
  • Projects commencing in the 2024 or 2025 calendar years are eligible, and the funds must be expended by June 2027.
  • Register your interest with GrantHelper

QATCIP objectives

The primary objectives of QATCIP are to:

  • Enhance Queensland’s competitiveness in bids for external funding.
  • Increase the availability of financial and other critical resources from outside Queensland.
  • Attract new organisations to Queensland that can bring valuable investment and capabilities.

Projects eligible for QATCIP support

Eligible projects should address Queensland’s science or translation activities and capabilities in at least one of the following priority areas:

  • Quantum systems, devices, components, and materials.
  • Quantum and advanced technologies supply chain.
  • Photonics, including integrated photonics capabilities.
  • Compound semiconductor devices and components.
  • Technologies based on superconductors.
  • Technologies based on micro-electromechanical systems.
  • Integration of the above into prototypes and systems.
  • Characterisation and testing of the above for commercialisation purposes.

The program will support applications to well-known and reputable government, private sector and not-for-profit programs where Queensland Government co-investment is essential or highly desirable for success, and where a successful application would result in new resources flowing into Queensland.

Examples of the types of schemes that may be considered for co-investment are:

Australian Government programs such as:

  • Australian Centre for Quantum Growth
  • Australian Research Council programs
  • Critical Technologies Challenge program
  • Defence programs such as the Advanced Strategic Capabilities Accelerator.

Overseas R&D programs such as:

  • National Science Foundation programs (USA)
  • Defence Advanced Research Projects Agency (DARPA – USA)
  • Horizon Europe
  • European Quantum Technology CR&D 2024.

Strategic, multi-faceted partnerships with overseas R&D organisations.

The QATCIP is not intended to support co-investments by venture funders into companies.

Where the application relates to a national centre, it is desirable that Queensland is the lead. However, co-investment into significant Queensland nodes will also be supported.

Applications relating to national centres are only eligible where the national centre will be headquartered in Queensland.

QATCIP funding may also be used to meet project costs deemed ineligible by the external program’s rules, where they are demonstrably critical to the project proceeding and where the costs are restricted to:

  • salary costs, including standard on-costs (leave loading, superannuation contributions, worker’s compensation contributions, and payroll tax) for key project staff
  • reasonable administration costs
  • consumable items
  • office rent
  • purchase or provision of personal computing equipment directly required or related to the delivery of the project
  • travel costs to support direct project activity (international travel capped at not more than 10% of the QATCIP funding sought).

See the guidelines for full details of projects eligible for QATCIP support.

Other QATCIP important details that you will need to know

To be eligible to apply for this program the applicant must:

  • be a Queensland-based university or research institute, or a Queensland-based lead applicant to an eligible external funding opportunity
  • have an ABN and be GST-registered
  • confirm the project application to the external funding program meets that program’s eligibility requirements.

 

Applications are assessed based on the following:

  • Alignment with the Queensland Quantum and Advanced Technologies Strategy: Demonstrate how the project aligns with the Priority Investment Areas and other relevant pillars under the strategy.
  • Capacity, Capability, and Resources to Deliver the Project: Showcase the lead applicant’s track record, support from partners and collaborators, and opportunities for under-represented groups.
  • Value and Viability: Demonstrate value for money, project viability, risk mitigation, and sustainability beyond the funding period.

 

See the guidelines for full details of the assessment criteria.

Applicants must:

  • Read and understand the guidelines.
  • Ensure eligibility for the funding. Applicants that do not meet all the eligibility criteria will not be considered.
  • Deliver the project as outlined in the application.
  • Provide complete information requirements.

 

Applicants will need to provide:

  • The most recent and complete draft of the project application for an eligible external funding program.
  • Letters of support from other partners and collaborators outlining their funding commitment.
  • A project delivery plan, commencement date, and budget for the proposed project.

 

See the guidelines for full details of information requirements.

Applicants must complete an online application through SmartyGrants.

Register your interest with GrantHelper to explore your alignment with this grant and how we can assist you to increase your chances of success.

QATCIP resources

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