Minister for Jobs and Business Natalie Hutchins visited the Hanwha Defence Australia stand on the 2024 Land Forces Worldwide Land Defence Exposition to announce the profitable recipients of rounds 3 and 4 of the Provide Chain Uplift Program (SCUP).
Funding of $827,000 has been awarded to 13* Victorian companies to assist them higher compete for and win tasks as a part of the availability chain for Hanwha Defence Australia (HDA) and different main defence companies – creating new jobs, export alternatives, and attracting funding to Victoria.
The profitable corporations in these two rounds consists of:
1. Amiga Engineering P/L
2. Anywise Consulting
3. Brockman Engineering
4. Copamate
5. Corvus Expertise Options
6. Diamond Defence
7. Electrical Motor Energy
8. NanoCube
9. Parish Engineering
10. Safe Bits
11. Sutton Instruments
12. Tickford Racing
“The Provide Chain Uplift Program is giving our native producers the perfect shot at securing new contracts – creating new jobs for Victorians and boosting our economic system,” Minister Hutchins stated.
The matched co-funded grants of as much as $100,000 will help producers to undertake enterprise enchancment tasks, akin to programs or facility upgrades, acquiring essential business accreditations, and additional analysis and product growth applications.
“Working with the Victorian Authorities to help our two key defence applications implies that these SMEs are capable of work with us and likewise on different defence applications, actually uplifting the capabilities and capacities of the sector to finish each right here and in Australia,” HDA Performing Managing Director Dean Michie stated.
Since 2021, the Victorian Authorities’s $10 million Victorian Land Techniques Fund and Provide Chain Uplift Program have funded enterprise enchancment tasks at 22 small and medium sized Victorian companies.
“The help supplied by the Victorian Authorities by way of SCUP has enabled Diamond Defence to determine a world main functionality in Australia for the Australian defence business,” Dr Steven Trpkovski Managing Director, Diamond Defence, stated.
Up to now, over $1.3 million has been awarded to allow corporations to have interaction in actions akin to modernising manufacturing processes, buying gear and gaining certifications and accreditations to work within the defence sector.
Victoria’s capabilities in superior manufacturing, workforce expertise and defence-related analysis and growth contributes round $8.4 billion yearly to the Victorian economic system and employs over 24,300 staff.
“The help from the Victorian Authorities to assist uplift its Defence business has been a large assist to our efforts right here in Australia,” Mr Michie stated. “The opening of the Hanwha Armoured Automobile Centre of Excellence (H-ACE) in August this 12 months demonstrates our dedication to Victoria, the Division of Defence and our provide chain companions.”
For extra info on the SCUP grant program, head to enterprise.vic.gov.au/grants-and-programs/victorian-land-systems-fund-supply-chain-uplift-program.
* one firm has requested to not be named.
You’ll be able to skip to the top and go away a response. Pinging is at the moment not allowed.
