Applications have been opened for the QuantumTX 2024 Queensland METS Technology Incubator Program, an initiative co-funded by the Queensland State Government and corporate sponsors that is considered to be the largest mining equipment, technology and services (METS) sector incubator in the Southern Hemisphere. The program has delivered more than $4 million worth of support to 164 startups and SMEs across Australia.
A total of 15 start-up and scale-up Queensland businesses will be selected to take part in over a 12-week intensive journey where they will gain access to mining companies, business training, mentoring, and over 50 experts from leading companies, as well as meet with potential capital investors and collaborators.
Speakers that participants will meet include experts from Rio Tinto, BHP, Nova Systems, Hitachi, Oz Minerals, Q-Metco, Robotics Australia Group, AROSE, Imdex, Perenti, Microsoft, Fugro, Austrade, The Office of Defence Innovation, CSIRO and the Australian Space Agency.
“The program makes direct introductions to industry and potential export pathways as businesses scale up, which is one of the best ways to increase national competitiveness,” Kylah Morrison, Quantum TX’s Program Director, said.
“Late-stage TRL researchers are also encouraged to apply and commercialise with industry support. Prominent companies in all major Queensland sectors support Quantum TX with a particular focus on new and innovative solutions, solutions from the regions and from our First Nations people,” Morrison added.
Participation is free via a competitive application process, valued at $25,000. Applications close at midnight on 3 April 2024.
