Small-to-medium businesses will be able to apply for grants of up to half a million dollars from today after Minister for Defence Industry Melissa Price launched the Skilling Australia's Defence Industry (SADI) Grants program.
The Morrison Government's SADI program will deliver $39 million over the next three years, with $17 million per year in 2020-2021 and 2021-2022, to support a skilled workforce in the defence industry sector.
The funding is part of the Government's $1 billion investment package to boost Australia's defence industry and support thousands of jobs across the country.
The SADI program will fund activities including support for technical and trade skills training, improved human resources practices, apprenticeship supervision, and on the job training support.
"I am proud to support small-to-medium Australian businesses in the defence sector by providing opportunities to upskill and retrain their staff through the SADI Grants program," Minister Price said.
"This initiative will provide certainty to businesses looking for ways to grow their workforce skills and ensure those skills are up-to-date."
Funding is also available for industry associations to facilitate training for defence industry small-to-medium businesses to meet their Defence capability training requirements.
"This is just one of the ways the Morrison Government is supporting small businesses during this time of economic uncertainty," Minister Price said.
"The development of a robust, resilient and internationally competitive defence industry is key to supporting Defence capability needs and will foster economic growth.
"I encourage businesses nationwide to take advantage of this unique skills program."
The program is a key initiative of the Government's 2019 Defence Industry Skilling and STEM Strategy, and will be delivered through the Centre for Defence Industry Capability.
For more details, including how to apply, visit: www.business.gov.au/cdic/grants-for-defence-industry.