ACAC Innovation invests in people with innovative business ideas. We give support including seed money for startup development, advice and mentoring, and even a place to work while getting started.

Our vision is to foster the development of innovation.

Our mission is to support new business success through innovation, investment and incubation, while at the same time earning a fair return.

We value:

  • Being creative and innovative in what we do
  • Taking pride in our work
  • Behaving ethically and being accountable for our actions
  • Caring for the local environment and people
  • Creating wealth and developing employment opportunities.

We have a passion for ingenuity and creativity in ALL industries – so we’re not just interested in digital enterprises.

As a commercial venture, we intend to make an economic return for both parties. At the same time, we contribute to the development of people, the creation of businesses, and the generation of employment.

We are a proud Queensland-based business and particularly welcome interest from young entrepreneurs and local enterprises.

Our Selection Process

Applying for funding for your startup is easy. Just apply online.

We aim to respond initially to all submissions within five business days. Our selection process below provides more information on what to expect and timings.

Meet the ACAC team

Bryce Greig

Bryce Greig


Bryce Greig is the CEO of ACAC Innovation. He is also a Director and equity shareholder in ACAC.

A lawyer by profession, Bryce spent four years with Norton Rose Fulbright, initially as a paralegal and then as a lawyer, prior to joining Bechtel for five years, where he worked in claims and contract management on major projects in Western Australia and the Kingdom of Saudi Arabia.

Bryce has a Bachelor of Laws and Graduate Diploma of Legal Practice from Bond University and was admitted as a Solicitor to the Supreme Court of Queensland in 2012.

Bryce is also Chair of the Greig-Asbury Foundation, a Private Ancillary Fund that supports a number of major and local charities with a particular focus on the pursuit of cures for Parkinson’s disease and prostate cancer.

Andy Greig

Andy Greig


Andy Greig is the founder and Chair of ACAC Innovation.

He retired in 2015 after a career in international construction, particularly in the mining sector. He worked for Bechtel Group for 34 years; led its global mining business for 13 years; was managing director for its Australian operations; and was group HR Manager in his last assignment. Andy has worked and lived all over the world and was a Senior Vice President and Director of Bechtel Group, Inc.

Andy is a business graduate of Monash University and a Fellow of the Australian Academy of Technology, Science and Engineering.

He has a passion for innovation, development and growth of people, and health and safety in the workplace – and in life.

Leisa Hamilton

Leisa Hamilton

Office Manager

Leisa is the manager of ACAC Innovation’s Newstead Incubator; and provides support to the innovators and entrepreneurs we host.

An administrative professional, Leisa had 18 years in senior administrative roles in Bechtel; and prior experience in the fields of accounting and travel.