Joint Strike Fighter Industry Support Program (JSF-ISP) Production and Modernisation Grants

JSF-ISP – Production and Modernisation Grants

  • Applications open until:  30 June 2028
  • Grants from $150,000 to $1.5 million to fund up to 50% of eligible project expenditure
  • $4 million is available over 7 years between 2021-2022 to 2027-2028

The Joint Strike Fighter Industry Support Program (JSF-ISP) offers funding to Australian companies to develop new skills or improve existing ones to become more competitive in winning contracts for producing, sustaining, and modernisation of the Joint Strike Fighter Program throughout its lifecycle.

The Production and Modernisation Grant program helps Australian companies and research organisations in developing capabilities that could increase their participation in JSF production and modernisation projects.

Key Requirements

The Australian government’s purchase of F-35 fighter jets, Project AIR 6000, came with a program to boost the domestic industry. The Joint Strike Fighter Industry Support Program is funded by the Department of Defence and provides grants to Australian companies. This program aims to strengthen these businesses by helping them develop new skills or improve existing ones. By becoming more competitive, these companies will be in a better position to win contracts for production, sustainment, and modernisation of the Joint Strike Fighter Program.

The Production and Modernisation program aims to create a thriving and skilled Australian defence industry that can actively seek and capitalise on business opportunities both domestically and internationally. By supporting workforce development, innovation, and productivity, the program seeks to enhance the overall competitiveness of the Australian defence industry.

You must demonstrate that the project will:

  • enhance Australia’s engagement and competitiveness in the global economy
  • strengthen Australian defence industry skills, capabilities and competitiveness
  • explore additional Australian business opportunities within global defence industry supply chains.

You should illustrate this by identifying:

  • an existing demand from entities within the JSF supply chain for the specific JSF industry capability
  • proof that the project will result in additional market opportunities, both within the JSF sector and beyond
  • the project’s competitive advantages compared to current or competing products, processes, or services

To do this you should identify:

  • your history of successfully managing similar projects and your access to personnel and/or partners possessing the requisite skills and experience
  • your preparedness to initiate the project, including having the necessary approvals in place and access to resources such as infrastructure, capital equipment, or technology. If applicable, please provide evidence of environmental approvals and land ownership.
  • the sound project planning involves managing and monitoring the project, encompassing aspects such as scope, implementation methodology, timeframes, budget, and risk management planning. This includes mitigating health risks associated with the current COVID-19 pandemic.
  • a sound commercialisation plan outlining a clear path to achieve the project’s goals, including the following aspects:
    • a clear set of objectives
    • a clearly defined plan outlining the specific steps, timelines, and financial investment required to achieve commercial success that will ultimately benefit Australia’s economy.
    • an understanding of the primary structural or market challenges that need to be addressed, including any trade barriers and access to manufacturing partners, is crucial.
    • a sound Intellectual Property strategy (where applicable).

Show how this applies by outlining:

  • the likelihood your project would move forward without the grant
  • the beneficial effect the grant will have on the scale, scope, or schedule of your project
  • the overall additional investment that the grant will attract and describe how this will directly enhance your ability to contribute to the JSF Program.

What is eligible for funding?

For your project to qualify, it must involve:

  • development of necessary new or enhanced JSF technology, product, method, or service by organisations that are part of the JSF supply chain and can exhibit more than one JSF application
  • development of new or improved technology, goods, processes, or services to improve a product or service company’s ability to compete for work from businesses in the JSF supply chain; or engage in a research effort relating to a competency required by organisations within the JSF supply chain, as well as the JSF Program Office

Expenditure must be:

  • Directly related to the project and necessary for the required project audit activities are eligible for funding

What companies are eligible for funding?

To qualify, you must:

  • have an Australian Business Number (ABN)
  • register for the goods and services tax (GST)

You have to be one of the following:

  • a company incorporated in Australia
  • a university in Australia
  • a PFRO (publicly supported research organisation)
  • a cooperative research centre

Joint applications are accepted if you have a lead organisation that is the primary driver of the project and is eligible to apply for the project.

We can only accept applications:

  • that own, have access to or benefit from any intellectual property required to complete the project
  • where you can present evidence from your board (or CEO or equivalent if applicable there is no board) that the project is supported and that you will be able to complete the job and fulfill deadlines the project’s costs that are not covered by grant funds
  • where you can offer an accountant declaration confirming your ability to fund your portion of the project expenses

Is this grant competitive or entitlement based?

Competitive. Your application will be assessed among other applications by a judging panel.

How can I increase my chances of winning this grant?

By engaging an accredited government grants consultant, such as Avant Group.

Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.

As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.

Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project

  • Industry analysis presentation
  • Competitor Analysis Presentation
  • Marketing and Sales Analysis Presentation
  • 3-5 year Cashflow Forecast
  • 3-5 year Balance Sheet Forecast
  • Cost-Benefit Analysis of Grant Funding
  • End-to-end grant application including information collating, analysis and application writing
  • CAPEX (Capital Expenditure) cost-benefit analysis
  • Stakeholder relations and Risk Mitigation Plans
  • Any other relevant forecasting that will support your application

How can I get help with my application? Or know if I’m likely to win funding?

Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.