Sovereign Industrial Capability Priority Grant

⁠⁠⁠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.

How it works

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 website which includes a SICP Fact Sheet listing the priorities. Defence reviews the priorities periodically and publishes updates on its website.

Eligibility

What are the eligibility criteria?

To be eligible your business must:

• have fewer than 200 employees.
• have an Australian business number (ABN)
• be a company incorporated in Australia or be an incorporated trustee on behalf of a trust.

Also, you must:

• provide evidence from your Board (or Chief Executive Officer or equivalent if there is no board) that the project is supported, and that you can complete the project and meet the costs of the project not covered by grant funding
• provide an external accountant declaration form that confirms you can fund your share of the project costs.

Who is excluded?

You are not eligible to apply if you are:

• an individual
• a partnership
• a trust (but an incorporated trustee may apply on behalf of a trust)
• a government body at any level (including government business enterprise)

Applying

Before you apply

Read the grant opportunity guidelines. The guidelines provide detailed information on the:

• grant opportunity, including grant objectives.
• eligibility and merit criteria
• assessment processes
• reporting and acquittal requirements
• review mechanisms