Maybe the state government got the idea from the feds

The Queensland Budget includes a $350m Industry Partnership Programme will provide “tailored support for SMEs and research institutions for, “maturing industries to adopt new technologies” and “assist rapidly growing sectors and emerging industries.”

Dual sector CQU has $8m for the Training Centre of Excellence at its Rockhampton campus.

And the Queensland Institute of Medical Research receives $568m, in-line with the 2021-21 adjusted budget.