$12million in Defence-industry innovation grants
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$12.4 million of government grants have been awarded to small businesses who are contributing to the record build-up of Australia’s defence capability.
Minister for Defence Industry Melissa Price said the Sovereign Industrial Capability Priority (SICP) grants were awarded to small businesses developing or supporting capabilities critical to Defence.
“By prioritising 10 key capabilities and supporting Australian small businesses who are contributing to them, we’re developing a strong, sovereign industrial base,” Minister Price said.
“This will help build a robust, resilient and competitive defence industry that uses Australian jobs and knowledge.”
Grant recipients include manufacturing companies supporting land combat vehicles, businesses undertaking research and development on cutting-edge technologies and local businesses delivering the government’s naval shipbuilding plan.
“I’m focused on growing the number of small businesses in our defence industry, and providing practical support to companies looking to work with Defence,” Minister Price said.
“These grants are another way the government is driving economic growth and creating new jobs through our defence-industry investment.”
The next round of the Sovereign Industrial Capability Priority grants close on 1 October 2019. Applications can be submitted through the Centre for Defence Industry Capability website at www.business.gov.au/cdic
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CRANT RECIPIENTS:
| Company | Grant |
| Xtek Limited | $1,000,000 |
| Australian Maritime Technologies PTY LTD | $78,349 |
| CBG Systems PTY LTD | $1,000,000 |
| Skyborne Technologies PTY LTD | $462,690 |
| Australian Precision Technologies PTY LTD | $674,801 |
| Total Quality Certification Services International (Group) PTY LTD | $257,943 |
| Mackay Consolidated Industries PTY LTD | $1,000,000 |
| Nu Metric Manufacturing PTY LTD | $856,130 |
| Nezkot PTY LTD | $1,000,000 |
| Hetech PTY LTD | $137,940 |
| Precise Global | $479,750 |
| Global Manufacturing Grou | $785,150 |
| Promet Valves Australi PTY LTD | $69,113 |
| PMB Defence Engineering PTY LTD | $503,890 |
| Pronexus PTY LTD | $197,020 |
| M. & I. Samaras (No.3) PTY LTD | $550,000 |
| Integra Systems PTY LTD | $789,750 |
| Lintek PTY LTD | $1,000,000 |
| Direct Edge (TAS) PTY LTD | $351,248 |
| IKAD Engineering PTY LTD | $1,000,000 |
| CU-Base Nominees PTY LTD | $235,000 |
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LEARN MORE ABOUT INNOVATION GRANTS:
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