METS Accelerators

Initially funded by the Queensland Government, and delivered through the METS Ignited Industry Growth Centre, the 4 years joint planning and strategy development outlined a collaborative program focus on sector growth leading to exports and diversification.

The initial commercial pilot program involved 8 companies, 5 regional SMEs and comprised a mix of mining and oil & gas solution providers, ranging from software companies through to engineering plant and equipment. The companies involved represented SMEs at late stages of product development / early commercialisation – (start ups fall under a separate program of work). The initial 12 week program was delivered by KPMG, and focused on value propositions, pitching, capability development and communications – culminated at IMARC in Melbourne.

The success of the program was enormous with $12 million+ contracts / external capital investment directly attributed from the program, including additional hiring and ramping up of participant organisations.

From this initial pilot – the program was run in 5 different regional centres, with over 40 SME METS Companies in attendance and almost 100 people participating.

A Business Accelerator for Mining, Energy and Resources Sector Scale-Ups

QuantumTX builds capability and networks to grow businesses and collaboration along critical roadmaps that bridge the Mining, Energy, Agriculture, Defence and Space industries. METS Ignited and the Queensland Government have commissioned QuantumTX to facilitate this business accelerator for Scale-Up companies and SMEs strengthening the METS sector across Queensland.

What does the program involve?

The Queensland QuantumTX Accelerator is an opportunity for SMEs and corporate project teams to gain mentoring, facilitated market engagement, profile raising, staff development and new networks. Over 4 months, you will receive facilitation via virtual online delivery from speakers and coaches from a range of areas, including workshops or engagement sessions with key representatives from companies such as BHP, Roy Hill, Woodside Energy, Adani, Rio Tinto, AMIRA, South32, Robotics Australia Group, AROSE, Fugro, InmarSAT, NOVA Systems, Imdex, METS Ignited, SmartSAT CRC, NERA, CISCO, Imvelo, Agristart, CSA Global, Austmine & the Australian Space Agency.

What will it cost?

The program is FREE for successful applicants, with no costs and no equity dilution.

Who is the program for?

The program supports all forms of companies, either already, or having the potential to, supply the resources sector and benefit from being part of the METS sector. Businesses will be Queensland-based and have products in commercialisation or already in the market.

QTX will also support growth clusters and key growth areas in Queensland including;

  • Robotics and Automation
  • Digital and Data
  • Sustainability and Responsible Mining

The first cohort of businesses participating in QuantumTX can be found here. FINd out more about the first 12 weeks of the program here.

Find out more information about the program here.