$5m SICP funding package unveiled

Defence Connect |

Defence Industry Minister Melissa Price has announced a total of nearly $5 million in Sovereign Industrial Capability Priority (SICP) grant funding for 11 Australian SMEs.

The SICP grants program supports eligible Australian small to medium-sized companies who can provide significant contributions to our Defence industry needs.

“Queensland-based Cyborg Dynamics Engineering is developing a robotic unmanned ground vehicle. Their grant funding will be used to fund the project’s design, materials, equipment and testing.

“Another recipient, New South Wales-based company Rojone Pty Ltd, is establishing a fibre optic cable assembly capability, connecting vital systems to ensure ADF personnel have access to the information they require to perform their duties.”

 

Price said the SICP grants program is a key government initiative providing support and funding to eligible Australian businesses.

The funding will help them to build their capacity and resilience, which in turn supports Defence’s most critical capabilities.

Eligible activities funded through the program relate directly to buying, constructing, installing or commissioning capital equipment, including associated training for their workforce.

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