Defence Industry Development Grants Program - Exports Stream

# 🛡️ Defence Industry Development Grants Program - Exports Stream The **Defence Industry Development Grants Program (DIDGP) - Exports Stream** is a new Australian government grant program, administered by the **Department of Defence**, designed to bolster Australia's defence industrial base. Over four years, from 2024-25 to 2027-28, this stream provides **financial assistance** to **small to medium enterprises (SMEs)** to overcome **export barriers** and enhance their **scale and competitiveness** within **defence capability priority areas**, as outlined in the **Sovereign Defence Industrial Priorities** of the **Defence Industry Development Strategy**. ## 🎯 Eligibility Criteria To be eligible, applicants must: * Have an **Australian Business Number (ABN)** and be registered for **GST**. * Be an **SME** with **fewer than 200 employees**. * 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 available in the grant opportunity guidelines. **Collaboration** is permitted, but a single lead organisation must apply and manage the grant agreement. ## 📝 Application and Funding Applications open on **Tuesday, 18 June 2024**. The application process is **Open Competitive**. The total available funding for the entire Defence Industry Development Grants Program (across all streams) is **$169,100,000**. Interested businesses can apply and find further information at **business.gov.au/DIDgrants**. For assistance, contact business.gov.au via phone (13 28 46), email, or web chat. **Keywords:** Defence Industry, SME, Exports, Australian Business, Grant, Funding, Defence Capability, Industrial Priorities, Business Support, Government Grants, Sovereign Defence, Competitiveness