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Building industrial capability to meet Defence priorities
Sovereign Industrial Capability Priority Grant
This grant program is being revised and will open as a new stream within the Defence Industry Development Grant program in mid-2024.
What do you get?
A grant of $50,000 to $1 million for up to 50% of the cost of a project that builds capabilities aligned with Defence’s Sovereign Industrial Capability Priorities. All projects must be completed prior to the program end date 30 June 2025.
Grant funding is capped at $3 million in a 3-year period per recipient.
Who is this for?
Small to medium sized businesses with an Australian business number (ABN). The business must be a company incorporated in Australia or and incorporated trustee on behalf of a trust.
About the program
You need to contribute 50% of the eligible project value.
Project activities can include:
- buying, leasing, constructing, installing or commissioning of capital equipment including specialist software to enhance cyber security
As they relate to the above activities, this can also include:
- design, engineering and commissioning activities
- workforce training and accreditations.
The Sovereign Industrial Capability Priorities are described on the Department of Defence websitewhich includes a SICP Fact Sheet listing the priorities. Defence reviews the priorities periodically and publishes updates on its website.
Need help?
Let us answer your question over the phone, email or live chat.
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