Sovereign Industry Development Fund

Queensland is open for business. The Queensland Government is ready to work with industry on strategic partnership opportunities that will accelerate development in our priority industries of defence, biomedical and biofuels.

For these priority industries, the $180.6 million Sovereign Industry Development Fund will:

• build our state’s sovereign industry capability
• draw on our strengths
• grow all our regions.

About the fund

The fund will initially focus on strategic and catalytic investment partnerships.

Applications closed on 27 February 2026 for feasible, investment-ready projects that:

• create or significantly expand a sovereign manufacturing or service capability in Queensland, including common-use infrastructure
• accelerate development in defence, biomedical or biofuels
• demonstrate a viable pathway to commercial sustainability
• deliver wider benefits across the industry and Queensland.

Applications closed 27 February 2026

Applications for strategic and catalytic investment partnerships closed 27 February 2026.

Announcements are expected to commence from Quarter 2 2026.

If you have any enquiries about your application, contact us:

• via email sidf@dsdilgp.qld.gov.au
• by phone 07 3828 2981

Guidelines

• Sovereign Industry Development Fund - Guidelines for Strategic and Catalytic Investment Partnerships ( 432.1 KB)

This fund is just one of the ways we’re helping to deliver a future-ready Queensland.