Grants in Defence

The National Reconstruction Fund Corporation (NRFC) provides debt finance, equity finance, and guarantees to businesses with strong proposals in priority sectors. Established by the Australian Government, the NRFC aims to enhance the flow of finance into these areas to diversify and transform Australia's industry and economy.

The Manufacturing Translation Stream provides businesses with funding to support projects that translate high quality research into commercial outcomes and support businesses to scale-up and be more competitive and resilient. It provides co-funding to support businesses to adopt new technologies and improve their manufacturing processes to boost productivity and competitiveness.

The $1.5B Modern Manufacturing Initiative is an opportunity for Australian manufacturing businesses to receive funding up to $20 million.

The $50 million Manufacturing Modernisation Fund is an opportunity for SME manufacturing businesses to receive funding up to $1 million.

Through the Skilling Australia’s Defence Industry Grants Program (SADI), the Australian Government provides grants to Small and Medium Enterprises (SMEs) in the defence sector over three years with upskilling and training opportunities to enhance workforce skills and capability to satisfy current and future Defence demands.

The Export Market Development Grant (EMDG) is open to Australian manufacturers and service providers, which are exporting or planning to export their products and services into international markets.

South Australia has launched a new Research, Commercialisation and Startup Fund, with a focus on early-stage startups and scaling-up established businesses. The $28 million fund will also support collaboration between enterprise, researchers and universities and the commercialisation of new products and services, building research and research infrastructure capability in South Australia.

The Boost Your Business Vouchers is a Victorian funding program to help businesses grow and become more productive.

Sovereign Industrial Capability Priority Grants. Defence-related businesses may be eligible for a grant of up to $1.4 million to invest in projects that build capabilities aligned with Defence’s Sovereign Industrial Capability Priorities.