SMEs invited to apply for next round of capability grants
By Staff Reporter
Share this story
Eligible defence suppliers have been invited to apply for the next round of Sovereign Industrial Capability Program grants.
A release from defence industry minister Melissa Price states $12.4 million grants in total have so far been awarded under the program, ranging from $50,000 to $1 million. Funds are matched 50:50 by participants’ investment.
Recipients so far have included “manufacturing companies supporting our land combat vehicles, businesses undertaking research and development on cutting-edge technologies and local businesses delivering the government’s naval shipbuilding plan.”
A list of round two and three recipients includes Global Manufacturing Group, Precise Global, and Xtek. (A recent @AuManufacturing interview with Xtek managing director Philippe Odouard can be read here.)
Applications can be made until October 1 through the Centre for Defence Industry Capability website here. A list of eligibility criteria can be seen at this link.
Subscribe to our free @AuManufacturing newsletter here.