Defence Innovation Hub
The Defence Innovation Hub is an initiative of the 2016 Defence Industry Policy Statement and will invest around $640 million over the decade to 2025-26 in maturing and further developing technologies that have moved from the early science stages into the engineering and development stages of the innovation process. It is an exciting initiative that will pull together research institutions, academia, industry and innovative technologies.
Advanced Manufacturing Growth Centre
Supported by the Commonwealth Government, the Advanced Manufacturing Growth Centre (AMGC) is calling for Australian manufacturers to submit their project ideas, with the new $4 million Advanced Manufacturing Early Stage Research Fund (AMESRF) to help take their concepts to the next level.
Sovereign Industrial Capability Priority Grant
Defence-related businesses may be eligible for a grant of up to $1 million to invest in projects that build capabilities aligned with Defence’s stated Sovereign Industrial Capability Priorities.
The Sovereign Industrial Capability Priority Grants aim to ensure Australian businesses have the capacity and resilience to support Defence’s most critical capabilities.
To be eligible for this grant, you must be an Australian small-to-medium sized business. Grants may be used to fund capital equipment (including specialist software and security infrastructure), design and engineering, or workforce training and accreditations. Grants range from $50,000 to $1 million and are provided on a 50:50 matched funding basis. Decisions about investment will be driven by Defence capability needs.
Innovation Connections provides small and medium sized businesses with access to expert technology advice to address technology and knowledge gaps, and collaborate with the research sector in developing new ideas with commercial potential. Support includes up to $50,000 in matched funding to work on collaborative projects.
Accelerating Commercialisation provides businesses with access to expert advice and matched funding of up to $1 million to cover eligible commercialisation costs to help them to take novel products, processes and services to market.
Incubator Support - Expert-in-Residence
Incubator Support - Expert-in-Residence provides business incubators with grants of up to $100,000 to access top quality research, managerial and technical talent through incoming and outgoing secondments of national or international experts. This expertise aims to increase the capabilities of incubators and improve the chance of commercial success for start-ups in international markets.