$3.5 million grants program opens for Biloela Industrial Businesses
Published on 03 March 2026
Banana Shire Council has opened a competitive grants program to drive new investment into the Biloela Industrial Precinct. The Biloela Industrial Incentives Initiative offers $3.5 million, funded by the Queensland Government, for shared infrastructure, services and capabilities that benefit multiple businesses in
Banana Shire.
The Initiative is designed to catalyse economic growth, diversification and job creation by funding shared enabling assets that reduce costs, de-risk investment and unlock private sector activity across the Precinct. Industries with greatest potential for growth include manufacturing, energy (including coal, gas and renewables), resource processing, construction, defence, circular economy and logistics.
Businesses operating in or seeking to invest in Banana Shire are encouraged to apply. The program supports shared infrastructure, co-owned or joint-use facilities, and privately owned assets with demonstrable shared benefit, where the project enables access by at least two businesses. Applicants are encouraged to propose innovative solutions that align with the Initiative outcomes, even where projects do not fit neatly into these categories.
“Banana Shire is open for business. This Initiative gives local and incoming businesses a real opportunity to invest in the shared infrastructure that will drive the next stage of the region’s industrial growth. We want to see strong, innovative ideas from industry.” Mayor, Nev Ferrier
Key facts
- Program value: $3.5 million (inclusive of GST), funded by the Queensland Government and managed by Banana Shire Council
- Who can apply: Australian-based businesses and entities proposing projects that benefit at least two businesses in Banana Shire
- EOI closes: 31 March 2026
- How to apply: Submit the EOI Response Form to IndustryIncentive@banana.qld.gov.au
- Further information: Banana Industrial Incentives Initiative
Expressions of interest close 31 March 2026. Shortlisted applicants will be invited to submit a detailed proposal under Stage 2 of the program, with successful applicants expected to be confirmed by September 2026.
Full program guidelines, the EOI Response Form and further information are available at
Banana Industrial Incentives Initiative.
Enquiries can be directed to IndustryIncentive@banana.qld.gov.au by 17 March 2026.