4 years ago
BACKING SMALL BUSINESSES FOR THE FUTURE: SOVEREIGN INDUSTRIAL CAPABILITY PRIORITY GRANTS
THE HON MELISSA PRICE MP
An Australian business which will provide locally designed and manufactured next-generation combat helmets to the Australian Defence Force is a recipient of the latest round of Sovereign Industrial Capability Priority grants.
Minister for Defence Industry, the Hon Melissa Price MP, said four South Australian projects would receive $2.3 million in total which would allow them to purchase specialised tools and equipment.
“The Sovereign Industrial Capability Priority Grants encourage greater participation by Australia’s small businesses in our ambitious defence industry agenda,” Minister Price said.
“We want to maximise small business involvement in delivering our $200 billion build-up of defence capability, because this approach helps create new jobs right across Australia.”
Armor Australia will use its grant to purchase specialist tooling to produce the lightweight combat helmets, which will provide a unique export opportunity for the business and enable the expansion of the company’s infrastructure and staffing.
Another grant recipient, AEM Consolidated, will use the funding to improve how the company is repairing and overhauling motors for defence ships and submarines.
Applications for Sovereign Industrial Capability Priority grant can be made at any time, submitted through the Centre for Defence Industry Capability website at www.business.gov.au/cdic.
Minister for Defence Industry, the Hon Melissa Price MP, said four South Australian projects would receive $2.3 million in total which would allow them to purchase specialised tools and equipment.
“The Sovereign Industrial Capability Priority Grants encourage greater participation by Australia’s small businesses in our ambitious defence industry agenda,” Minister Price said.
“We want to maximise small business involvement in delivering our $200 billion build-up of defence capability, because this approach helps create new jobs right across Australia.”
Armor Australia will use its grant to purchase specialist tooling to produce the lightweight combat helmets, which will provide a unique export opportunity for the business and enable the expansion of the company’s infrastructure and staffing.
Another grant recipient, AEM Consolidated, will use the funding to improve how the company is repairing and overhauling motors for defence ships and submarines.
Applications for Sovereign Industrial Capability Priority grant can be made at any time, submitted through the Centre for Defence Industry Capability website at www.business.gov.au/cdic.