BACKING SMALL BUSINESSES BUILDING OUR DEFENCE INDUSTRY

THE HON MELISSA PRICE MP.
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4 years ago
BACKING SMALL BUSINESSES BUILDING OUR DEFENCE INDUSTRY
THE HON MELISSA PRICE MP
The Morrison Government has announced $12.4 million of grants have been awarded to small businesses who are contributing to the record build-up of Australia’s defence capability.
 
Minister for Defence Industry, the Hon Melissa Price MP, said the Sovereign Industrial Capability Priority (SICP) grants were awarded to small businesses developing or supporting capabilities critical to Defence.
 
“By prioritising ten 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 utilises Australian jobs and knowledge.”
 
Grant recipients include 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.
 
“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 Morrison Government is driving economic growth and creating new jobs through our defence industry investment.”
 
The next round of the Sovereign Industrial Capability Priority grants program close on 1 October 2019. Applications can be submitted through the Centre for Defence Industry Capability website at www.business.gov.au/cdic
Defence