By Dr Julienne Senyard, Griffith Business School
Startups and entrepreneurs are a large contributor to new jobs and innovation in the Federal Government’s 2018 Innovation Agenda. This highlights the importance of State Government initiatives that connect and support entrepreneurs and innovative small businesses.
The 2018 Queensland Budget included an unexpected $1.5 billion surplus, and as a result the Palaszczuk Government maintains a strong focus on programs through Advance Queensland to assist startups and initiatives for innovative Queensland small business.
A total of $650 million is being invested through the Advance Queensland to support innovative Queensland businesses to drive economic growth and job creation within dynamic global business environments.
Advance Queensland “supports the need for innovation, enhanced digital skills, connectivity and increased inclusion to position Queensland as a global innovation hub”.
Much of what the Budget provides is continued focus and extension on existing programs. Some selected Advance Queensland programs include:
The Ignite Ideas Fund, which provides grants provide
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