Defence Industry Development Grants Program

The Defence Industry Development Grants Program will fund small to medium enterprises to build Australia’s sovereign capability, global competitiveness, technical superiority and national security.

There are four streams within the program, being:

• Sovereign Industrial Priorities (matched funding grants between $50,000 and $1,000,000) which aims to assist eligible SMEs to purchase manufacturing plant and equipment which is used directly to develop and/or deliver programs that are in-line with the Sovereign Defence Industrial Priorities (SDIPs – see below). Click here to learn more.

• Exports (matched funding grants between $15,000 and $250,000) which aims to provide support for SMEs to overcome export barriers and help defence industry build scale and competitiveness in defence capability priority areas as identified by the SDIPs. Click here to learn more.

• Security (matched funding grants between $10,000 and $100,000) which aims to support national security through the provision of Defence capability. Click here to learn more.

• Skilling (matched funding grants between $5,000 and $250,000) which aims to support upskilling and / or retraining of staff in defence capability needs. Click here to learn more.

Eligible Entities

To be eligible you:

• Must be an Australian entity that has an ABN and registered for GST and are non-income tax exempt. Note partnerships and individuals can’t apply.
• Must are a SME with less than 200 employees

Eligible Projects

You must complete your project by 31 March 2028 and your project must:

• be undertaken in Australia and completed in 18 months
• include eligible activities which vary by stream – refer to each stream.

Sovereign Defence Industrial Priorities (SDIPs) in the Defence Industry Development Strategy

These priorities are:

• maintenance, repair, overhaul and upgrade (MRO&U) of Australian Defence Force aircraft
• continuous naval shipbuilding and sustainment
• sustainment and enhancement of the combined-arms land system
• domestic manufacture of guided weapons, explosive ordnance and munitions
• development and integration of autonomous systems
• integration and enhancement of battlespace awareness and management systems
• test and evaluation, certification and systems assurance.

Click on the below buttons to access free Resources developed by Wayne Wanders, A Real CFO to help your business scale and grow profitably

Want a confidential discussion on your business situation, help with your grant application or to learn more about my Outsourced CFO Services, simply email me at wayne@aRealCFO.com.au or call me on 0412 227 052