Defence Industry Development Grants Program - Sovereign Industrial Priorities Stream
Overview
The Defence Industry Development Grants Program (the program) will award grants over four years from 2024-25 to 2027-28. The program was announced as part of the Defence Industry Development Strategy. The objective of the program is to build the industrial base Australia needs to achieve Defence outcomes in areas of strategic priority. The Defence Industry Development Grants Program funds four distinct grant opportunity streams tailored to address the program outcomes: Sovereign Industrial Priorities Skilling Exports Security. The Sovereign Industrial Priorities stream will assist eligible small to medium enterprises (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 described in the Defence Industry Development Strategy.
Key Information
Details
- SME StatusTo be eligible you must be an SME with less than 200 employees as defined in the Glossary.
- Australian Business Number (ABN)You must have an Australian Business Number (ABN).
- GST RegistrationYou must be registered for the Goods and Services Tax (GST).
- Non-income-tax-exemptYou must be non-income-tax-exempt.
- Eligible Entity TypeYou must be an entity incorporated in Australia, a company limited by guarantee, or an incorporated trustee on behalf of a trust.
- Project ExpenditureYour project must include at least $100,000 in eligible expenditure.
- Project LocationYour project must be undertaken in Australia.
- Purchase of manufacturing plant and equipment
- Development or enhancement of priority systems
Extent to which the project contributes to the development or enhancement of priority systems.
Capacity, capability, and resources to deliver the project and its commercial benefits.
- Method
- Online portal
- Portal
- business.gov.au
- Contact
- 13 28 46
- •Funding is capped at $3 million in a three-year period per recipient.
- •Cannot use funding from other government sources to fund your share of eligible expenditure.
Supporting Documents
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