Funding and support to grow industry and business

Find out how to apply for the Priority Investment Program. This program brings business together with industry and the university sector to find opportunities to grow our economy.

Priority Investment Program

This program brings different sectors of the ACT economy together to help grow our economy. Business can work together with industry and research institutions to:

  • unlock new industry growth opportunities
  • solve industry challenges.

Who this is for

The program is for ACT:

  • industry bodies
  • business
  • tertiary education institutions
  • research institutions.

What you get

A total of $3.5 million was available to fund projects from 2022 to 2024.

What you can do

We're looking for partnerships between industry, higher education and research institutions.

Your project should aim to:

  • attract and keep talent
  • create long-term jobs
  • support local innovation
  • attract responsible investment
  • develop sustainable infrastructure.

If you're successful, you'll need to match the funding amount you've applied for.

Past projects

Find out about recent program recipients and projects below.

2022-24

  • Quantum Brilliance Pty Ltd, Quantum Protoyping Export Program – $1.474 million: Development of advanced manufacture and export facility for quantum computers.
  • Thaum Pty Ltd, Whalepod – $741,900: Manufacture of multispectral optical radar and AI system for monitoring marine mammals.

2020-21

  • Academy of Interactive Entertainment, Film Plus Virtual Studio – $389,400: A virtual production and technology facility to create virtual screen productions and training courses.
  • Liquid Instruments – $650,000: Product development for domestic and export markets, and to help with advanced manufacturing activities in the ACT.
  • University of Canberra (UC), Digital Building and Built Environment Hub – $379,574: Collaboration between UC and the building and construction industries.

Contact us

Business and Innovation team

If you need help or have questions, contact us.

Call
02 6207 3037

Email
InvestCanberra@act.gov.au