The Queensland government will earmark an additional $225 million for its innovation program in the state’s 2016-17 budget.
“We have turned our $180 million Advance Queensland innovation and jobs plan into a $405 million whole-of-government innovation agenda, to help create the jobs of the future,” Premier Annastacia Palaszczuk said in a statement issued ahead of the Queensland budget.
The budget will be handed down this afternoon.
The additional funding includes $10 million for a Platform Technology Program.
“We will also invest $10 million to develop new platform technologies for business, in areas like drones, big data and the internet of things,” the premier said.
The funding package includes:
- $22.7 million for Advancing Small Business Queensland Strategy
- $10 million for Platform Technology Program
- $6 million for Regional Innovation Hubs
- $10 million for Cairns Innovation Centre
- $33.5 million for Advance Queensland: Connecting with Asia – tourism jobs in the regions package
- $3.9 million for New Agricultural Economy
- $40 million for Advance Queensland Industry Attraction Fund
- $9 million for Industry Accelerators
- $19.7 million for Queensland Biofutures 10-year Roadmap and Action Plan
- $35 million for Integrated Healthcare Fund
- $25 million for Clinical Genomics Service
- $7.1 million for Global schools
- $3.3 million for Schools for the Future