Defence Industry Development Grants Program - Security Stream

# 🛡️ Defence Industry Development Grants Program - Security Stream The Defence Industry Development Grants Program (DIDGP) – Security Stream, issued by the Department of Defence, offers a significant funding opportunity for Australian Small to Medium-sized Enterprises (SMEs). This program, part of the broader Defence Industry Development Strategy, aims to bolster Australia's industrial base by enhancing security capabilities within the defence industry, particularly in areas identified by the Sovereign Defence Industrial Priorities and in alignment with the Defence Industry Security Program. ### 🎯 Objective & Funding With a total available funding of **$169,100,000** over four years (2024-25 to 2027-28), the Security Stream specifically supports projects that improve and maintain security measures for Australian defence industry SMEs. ### 📝 Eligibility Criteria To be eligible, applicants must: * Have an Australian Business Number (ABN). * Be an SME with fewer than 200 employees. * Be registered for GST. * Hold an account with an Australian financial institution. * Be non-income tax exempt. * Be an entity incorporated in Australia, a company limited by guarantee, or an incorporated trustee on behalf of a trust. Ineligible entities include individuals, partnerships, overseas organisations, unincorporated associations, trusts (unless through an incorporated trustee), and government bodies. Comprehensive eligibility details are in the grant opportunity guidelines. Collaborative applications are permitted, with a designated lead organisation responsible for the application and grant agreement. The selection process for this grant is **Open Competitive**. ### 🗓️ Application & Contact Applications open **Tuesday, June 18, 2024**. To apply, visit [https://business.gov.au/DIDgrants](https://business.gov.au/DIDgrants). For assistance, contact business.gov.au via phone (13 28 46), email, or web chat. **Keywords:** Defence Industry, Security Grant, SME Funding, Australian Defence, Business Grant, Industrial Strategy, Sovereign Capabilities, Supply Chain Security, Government Grant, Cybersecurity, Defence Security Program, DIDGP, Small Business Grant.