Defence Industry Development Grants Program – Skilling Stream

The Defence Industry Development Grants Program – Skilling Stream aims to support upskilling and / or retraining of staff in defence capability needs.

The objectives of the Defence Industry Development Grants Program – Skilling Stream are to:

reduce barriers faced by small to medium enterprises (SMEs) in the defence sector when upskilling or retraining staff
develop skills within SMEs in the defence sector relevant to defence capability priority areas as identified by the Sovereign Defence Industrial Priorities (SDIPs – see below).

There are matched funding grants between $5,000 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 aimed at increasing Defence related technical skills capacity or capability within an eligible SME that is required to meet current or future defence capability needs.

It must be delivered by a registered training organisation, a tertiary education provider (University or TAFE), a professional training provider, an appropriately qualified employee in your business or an original equipment manufacturer.

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 – Skilling 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