Defence Industry Development Grants Program – Export Stream
The Defence Industry Development Grants Program – Export Stream 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 Sovereign Defence Industrial Priorities (SDIPs se below).
The objectives of the Defence Industry Development Grants Program – Export Stream grant opportunity are to:
- assist eligible SMEs to purchase manufacturing plant and equipment which is used directly to develop and/or deliver defence export opportunities
- assist eligible SMEs to overcome export barriers
- help defence industry build scale and competitiveness in priority defence capability priority areas as identified by the Sovereign Defence Industrial Priorities (SDIPs).
There are matched funding grants between $15,000 and $250,000 under this stream.
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 (see below)
Eligible Activities
Eligible activities must have a clear and direct link to the grant opportunity objective and outcomes and can include:
- buying, leasing, constructing, installing or commissioning of manufacturing plant and equipment used directly to develop and/or deliver defence export opportunities.
- achieving international certifications/accreditations including new management certifications) needed to be export ready.
- other compliance requirements that are relevant to businesses operating in the defence sector:
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.
Learn More
To learn more about the Defence Industry Development Grants Program – Export Stream click here.
Applications for the current round of this program closes 31 July 2024
Wayne Wanders is an experienced Business Advisor and Outsourced CFO who can help to scale and grow your business profitably. Wayne may also be able to assist you in preparing any grant application. Contact Wayne on wayne@arealcfo.com.au or 0412 227 052.
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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
