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Home > Smart State Strategy > Smart State Strategy 2005-2015 > Building the Queensland brand

Building the Queensland brand: expanding on our strengths, successes and recognition to take Queensland to the world

In the international context, Queensland’s economy is small. To increase Queensland’s profile on the world stage, we will concentrate our efforts on our strengths and consolidate our successes to extend and promote our world brand.

We will continue to support and strengthen the international competitiveness of our established industries such as agriculture, mining, tourism and business services.

We will target industry sectors that have a strong future growth potential based on our competitive strengths. To give these sectors a further competitive edge, the Queensland Government will devise extensive strategies integrating skills, research, development, commercialisation, diffusion and links to our interstate and overseas markets.

As Queensland’s emerging industries become more established, our focus will shift increasingly towards helping them to grow in size and scale to achieve global penetration and branding. Exports energise the State’s economy, allowing many Queensland enterprises to expand their business and create more jobs and wealth. Trade is also a significant vehicle for encouraging Queensland industry to capitalise on international innovations. We will support our existing and emerging industries to export their products, services and know-how.

The Queensland Government will:

'There is a view in the business community that the Smart State Strategy is confined to high technology and emerging and new industries. There needs to be a clear message that this is far from the case…. Building a critical mass of capabilities within existing industries to profit from innovation is the key to creating a smart state’. (Submission to Queensland’s future – building on the Smart State from Commerce Queensland)

‘…the ideals of the Smart State will represent an important contribution to the future viability of many rural enterprises.’ (Submission to Queensland’s future – building on the Smart State from AgForce)

1998
Approximately $2.5 million funding to QMI Solutions each year to provide a range of technology transfer services to small to medium manufacturing enterprises to improve their competitiveness

2000


i.lab Incubator at Toowong accelerates growth of high tech start-up businesses by providing mentoring, business facilities, and assistance to secure venture capital, legal, financial and marketing expertise

2001


The Queensland Government’s trade strategy, Export Solutions, aggressively pursues export opportunities for Queensland businesses

2001


Queensland Education and Training International works with and provides leadership to international education and training providers to position Queensland as a preferred provider in selected international and niche education markets

2002


The Queensland Biocapital Fund is a $100 million biotechnology-specific venture capital fund to establish globally enduring bio-businesses

2004


Financing for Growth program – teaches ICT and Biotechnology companies how to attract capital and fast track the growth of their business

2004


Small Business Accelerator Program – assists well managed, fast growing, Queensland-based small firms by intensive management training; analysis of the business; and use of specialists to scope system improvements