The MIQ Program is aimed at supporting existing jobs and creating new jobs of the future in Queensland manufacturing businesses and in the state’s supply chains to grow Queensland’s economy.

An MIQ Program grant will support an eligible Queensland-based manufacturing SME by reimbursing up to 50 per cent of the Eligible Project costs for projects undertaken by a SME.

Grants are available:

• between $50,000 to $2.5 million (excluding GST) per grant 
• as matched funding for Eligible Project costs on a dollar-for-dollar cash basis 
• for projects that align with the strategic direction of the applicant, the MIQ Program Objectives, and the Eligibility Criteria.

Grants are awarded following a two-stage competitive selection process: 

• Stage 1: An open application process in which applicants demonstrate how their project meets the Eligibility Criteria and Assessment Criteria set out in Section 2.3. Stage 1 Applications will be evaluated and scored against the Assessment Criteria. 
• Stage 2: A process where applicants with the highest ranked Stage 1 Applications are invited to submit further information for the Value for Money and due diligence assessment set out in Section 2.7. Applications will then be ranked and, grants will be awarded to those shortlisted applicants with the highest ranked applications until the funding is exhausted.

In Round 7, up to $2.5 million (excluding GST) of available funding has been set aside for applications which do not involve the purchase of equipment and are seeking less than $250,000 (excluding GST) each in funding. These applications will proceed through the same two-stage competitive selection process as all other applications.

Eligibility Criteria

To be eligible for an MIQ grant, an applicant must be one standalone entity or a group of entities (see below) that: 

• is 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 
• is registered for GST and holds an active Australian Business Number (ABN) 
• operates independently and has control of its own corporate governance and decision making 
• is an SME with between five and 200 full-time equivalent (FTE) employees. A minimum of five FTE employees must be located in Queensland 
• has a proposed Eligible Project that meets the requirements set out in Section 2.3.2 of the guidelines
• owns the existing equipment used in its manufacturing operations and will own any equipment to be purchased under the proposed Eligible Project 
• has the financial capacity and standing necessary to successfully undertake and complete the proposed Eligible Project recognising that grant payments are made in arrears 
• accepts that the Department may require security over any or all of Eligible Project items for the duration of up to seven years
• does not have, and must not be an Associated Entity of an entity that has received (or about to receive) funding under the MIQ Program that in aggregate exceeds, or will exceed $2.5 million (excluding GST)
• does not have, and must not be an Associated Entity of an entity that has made, an application under Round 6 of the MIQ Program that in aggregate exceeds, or will exceed funding of $2.5 million (excluding GST) 
• is not insolvent or does not have owners or directors that are an undischarged bankrupt 
• is not a federal, state or local government entity, statutory authority or special purpose vehicle or not-for-profit organisation.

• Phone: (07) 3330 4444
• Email: madeinqueensland@dsdmip.qld.gov.au