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Defence issues export grants to SMEs

A new tranche of export grants has been awarded to six local businesses.

A new tranche of export grants has been awarded to six local businesses.

The Commonwealth government has awarded a total of $837,000 in Defence Global Competitiveness Grants to six Australian small businesses, in a bid to support their expansion in the global market.

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Recipients include:

  • UNEEK Bending (Vic) — secured $216,389 to purchase and install equipment to meet the manufacturing requirements of major global chains;
  • SMETEC Services (NSW) — secured $208,332 to establish an advanced manufacturing facility for processing specialised Australian armoured steels and composite products;
  • Heat Treatment (Qld)— secured $131,447 for the construction of a cleaning and assembly facility for vacuum brazed chassis for the manufacture of cold plates for the F-35 Program;
  • Acacia Systems (SA) — secured $40,944 for the acquisition of Zone 3 Security Infrastructure Accreditation;
  • Laserdyne (Qld) — secured $180,125 to purchase and installation of equipment to increase production output; and
  • Intellidesign (Qld) — secured $59,908 to upgrade the company’s cyber and physical security certification.

Both UNEEK Bending and Heat Treatment are expected to leverage their grants to support global F-35 programs with the provision of mechanical engineering and cleaning and assembly support services.

Minister for Defence Industry Melissa Price congratulated the recipients, noting the benefits of the government’s program.

“Supporting the export capability of Australian small-to-medium enterprises strengthens their international competitiveness and drives innovation,” Minister Price said.

“It allows them to provide cutting-edge and cost-effective capabilities to the Australian Defence Force.

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“By investing in Australian businesses, the Morrison government is delivering on its promise to generate jobs for Australians as a vital part of our economic recovery from COVID-19.”

[Related: REDARC wins export contract]

Defence issues export grants to SMEs
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