Massive boost to innovation in South East Queensland

Over $200 million in funding contributed by the Albanese and Crisafulli Governments and industry partners will help South East Queensland become a leading innovator in health and biotech, through the South East Queensland Innovation Economy Fund.

The Fund has awarded eight successful projects $94 million in joint Government funding, with industry leaders across critical sectors co-contributing over $122 million. This partnership between governments and industry will unlock $217 million worth of investments across South East Queensland.

Successful projects include:

  • A $25 million grant to establish the Health and Advanced Technology Research and Innovation Centre (HATRIC) at the Gold Coast will build on the region’s leadership in biomedicine, biotechnology and additive manufacturing.
  • Bringing together Griffith University, neighbouring hospitals and medical institutes, the project will leverage another $75 million from partners to expand the cutting-edge Gold Coast Health and Knowledge Precinct. It already employs more than 14,000 people, and is home to innovation such as the world’s first artificial rotary heart.
  • An Australian-first biomedical scale-up and manufacturing facility will be established at the Bogo Road Innovation Precinct, thanks to $3 million in funding. The new Hub will support start-ups to develop innovative medical products, manufacture them on site and undertake clinical trials, positioning Brisbane to become leaders in bio-manufacturing. 
  • A $25 million grant awarded to the AATLIS Innovation Precinct Industry Biotechnology Centre (IBC) to bring together start-ups and industry leaders to establish Australia’s first vertically-integrated biotechnological facility to support the rapid design, building and testing of new solutions for the agriculture sector.
  • The University of Sunshine Coast Innovation Centre will be upgraded with five new specialist innovation labs to boost jobs and accelerate the local economy, thanks to a nearly $3 million investment. It includes a new Digital Health Productivity Lab, which will harness technology to advance innovation in the aged care sector and improve patient experience.

Quotes attributable to Federal Minister for Cities Jenny McAllister:

“The Albanese Government is building Australia’s future by backing Queensland innovation.

“By bringing together the expertise of universities, research institutes and industry, we can boost innovation, and create local jobs.

“It’s terrific to see investment in biotech that will not just improve health outcomes but also provide opportunities to build our economic future by leveraging world class research.

Quotes attributable to Queensland Minister for Science and Innovation Andrew Powell:

“Queensland Government is dedicated to investing in a thriving innovation ecosystem in South East Queensland.

“Strategic investment in world-class innovation precincts will drive the creation of high value knowledge-intensive jobs that will propel South East Queensland into a new era of prosperity.

“These precincts are the incubators for solutions to the region’s most pressing social and economic challenges.”

Further information:

SEQ Innovation Economy Fund successful applicants:

Applicant Location Joint Commonwealth and Queensland Funding Project description
Therapeutic Innovation Australia Limited Boggo Road Innovation Precinct, Brisbane $3 million Establishing the Bioproduction Hub (PM1) for multi modal therapeutics Phase 1 manufacturing at TRI. This Australian-first facility will enable production of biologics, vaccines, radiopharmaceuticals and mRNA therapeutics to support first-in-human clinical trials. The integration of specialist therapeutic manufacturing capability, quality control and regulatory expertise aims to streamline and fast-track the pathway from discovery science to clinical evaluation.
Translational 
Research Institute
Boggo Road Innovation Precinct, Dutton Park $6,807,251

This project will supercharge the Translational Manufacturing (TM@TRI) project and in turn supercharge the Boggo Road Innovation

Precinct, accelerating the impact of this critical infrastructure.

Southern RNA LNP-mRNA-Enable Project (LEAP): Driving LNP-mRNA Therapeutics to Clinical Trials $2,777,667

The LNP-mRNA-Enable project aims to supercharge Queensland’s biomedical sector by building infrastructure and capacity that will unlock Queensland’s ability to locally translate and produce mRNA therapeutics. Led by Southern RNA and supported by research and industry partners in the field, the project will specifically develop capability around the development and manufacturing of Lipid

Nanoparticle-mRNA, a vital step in the production and delivery of mRNA.

Witmack Industrial AATLIS Innovation Precinct Industry Biotechnology Centre (IBC), Toowoomba $25,000,000

The AATLIS Innovation Precinct Industry Biotechnology Centre (IBC) is a groundbreaking $50m initiative to establish Australia’s first vertically integrated biotechnological facility for distribution, sales, logistics, R&D, and toll manufacturing.

This "One Stop Shop" will integrate AI-driven research and world-class technology with best-practice manufacturing capabilities and global end-users to strengthen supply chain security, advance environmentally conscious practices like reducing synthetic chemical use, and boost economic growth and export opportunities.

 

University of Queensland

Queensland Animal Science Precinct, Lockyer Valley

 

 

$21,807,000 Queensland Animal Science Innovation Hub – a place animal producers, farmers and industry can test and trial, scale and commercialise new farming and biosecurity innovations which enhances food security and the supply of affordable and reliable meat and animal products to Queensland and the world.

University of the Sunshine Coast

 

Innovation Centre Sunshine Coast, Sunshine Coast $2,724,431 Future Skills Lab – five future skills specialist innovation labs, delivered in partnership with industry, and equipped with the latest tools and resources that accelerate the design, prototyping and testing of cutting-edge digital innovations.
Urban Utilities Luggage Point Innovation Precinct, Brisbane

$7,670,811

 

Luggage Point Innovation Precinct Expansion: Pioneering Sustainable Water Solutions for Green Industries. Creating new spaces for pilot projects, sampling and research; and innovation-enabling infrastructure that will drive development and commercialisation of innovative water-related products and technologies including accelerating recycled water innovation; encouraging the adoption of recycled water; addressing persistent contaminants; and enabling hydrogen production to develop novel products from biogas, biosolids and organic waste.
Griffith University Gold Coast Health and Knowledge Precinct, Gold Coast $25 million Health and Advanced Technology Research and Innovation Centre (HATRIC), a partnership between Griffith University (GU) and Economic Development Queensland is a new building that will significantly boost and synthesise the precinct’s capabilities, creating a seamless interface between university R&D and commercialisation with industry partners. Innovations enabled through HATRIC may include spinal injury repair, new vaccines, rehabilitation equipment, artificial ligaments, customised bionics for limb loss, quantum technologies for sportstech and circular economy technologies in recycling medical waste and lithium-ion batteries.

More information on the SEQ Innovation Economy Fund can be found at SEQ Innovation Economy Fund | Advance Queensland.