$12million in Defence-industry innovation grants

$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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Brian Hartigan

Managing Editor Contact Publishing Pty Ltd PO Box 3091 Minnamurra NSW 2533 AUSTRALIA

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