In a recent Government announcement, a $1.1 million fund was made available to help Queensland companies commercialise new technologies, identify new opportunities and continue employing Queenslanders in skilled jobs well into the future.
“Queensland Mining Equipment, Technology and Services (METS) companies have until 16 March 2020 to apply for grants of $50,000 to $250,000 to develop or undertake collaborative activities with other METS companies with complementary capabilities,” Minister for State Development Cameron Dick said. “The Queensland METS Collaborative Projects Fund supports industry-led initiatives to improve productivity, competitiveness and innovation in this growing sector. Submissions are invited from businesses looking to solve challenges in the mining, oil, gas and energy sectors.”
Minister Dick said the Queensland Government’s investment in the Collaborative Fund Program is part of a $6 million commitment over four years (2016-20) to support Queensland’s METS sector.
Such incentives for the growth of the METS sector in Queensland complement the growing number of exploration and project opportunities also made available throughout the State. Just last week (beginning of February), the Queensland Government released its 2020 Queensland exploration program; providing an opportunity for explorers to stake their claim on more than 7000 sqkms of land in the Bowen and Surat Basins.
With exploration and project programs for petroleum, gas and coal across Queensland made available, the need for further innovation, collaboration and capabilities allow companies to contribute to the successful delivery and outcomes of energy and mining projects across Australia.
The industry innovation, collaboration and capabilities session is relevant for:
- Those interested in METS capabilities, innovation and project delivery
- Oil, gas and mining exploration companies
- Government, researchers, and consortiums
- Technology, equipment and servicing companies including start ups and entrepreneurs
- METS investors
Hear from industry experts on innovation
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