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NEWS & MEDIA

NEWS - ARTICLE

19 June 2024

New grant program to grow Australian defence industry

New grant program to grow Australian defence industry

The Australian Government is delivering its commitment to grow Australia’s thriving defence industry, through a new $150 million industry grant program.

The Defence Industry Development Grant (DIDG) program, announced in the Defence Industry Development Strategy, will soon be open for applications.

The new grant program will provide over $150 million over four years dedicated to supporting Australian small to medium-sized business in areas of sovereign industrial priorities, exports, skilling and security. Each of the four program streams will begin to receive applications later this month.

This is in addition to over $30m that has been allocated under the previous grant programs this financial year.

The DIDG program replaces and expands previous defence industry grant programs. Nine businesses have been selected as the final recipients under the previous Sovereign Industrial Capability Priority and Defence Global Competitiveness Grant programs, receiving a total of $2.9 million in funding.

Grant opportunity guidelines and the sample application form which describe the application requirements for the DIDG program, have been published here and on GrantConnect.

More information on industry grant programs can be found here. 


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