The level of funding that successful applicants are awarded will be decided by the expert Hot DesQ judging panel. They will take into account your level of experience, your startup community involvement and connections, the stage of your startup or product, market potential, and your impact of being in Queensland.
The maximum funding of AUD$100,000 will be awarded to highly-experienced, innovative and connected startups, with the minimum funding amount as part of the Hot DesQ program being AUD$50,000. All funding is paid in Australian dollars, and is equity-free.
Hot DesQ recipients also get free co-working space for 6 months, plus access to apply to other government funding programs, for more information about the broader Queensland Government support, visit www.advance.qld.gov.au.