Priority Industry Capability Innovation Program

Announcement

On 30 April 2012 the Minister for Defence Materiel, Jason Clare, announced the results of the evaluation of the first round of grant applications under the Priority Industry Capability Innovation Program.

More than $12 million in matched funding is being offered to nine Australian companies.

Read the Minister’s Media Release.

More information on the grant recipients and the next application round will be available on this website shortly.

Contact details
Contact the Industry Programs Hotline on 1800 651 292 or email Industry.PICIP@defence.gov.au for any queries regarding the Program or assessment process.

Priority Industry Capability Innovation Program Repayable Grants

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The Priority Industry Capability (PIC) Innovation Program is an Australian Government initiative, providing direct support in the form of repayable, matched grants, to Australian defence companies. The program particularly focuses on assisting small to medium sized enterprises to pursue innovative defence industry projects.

PIC Innovation Program grants support Australia’s defence industry to develop, adopt and commercialise innovative technologies, methodologies, materials or systems in areas defined as Priority Industry Capabilities (PICs).

The Program aims to deliver greater assurance that the Australian Defence Force (ADF) will receive cutting edge and innovative solutions to its material, systems, support and sustainment needs, to support its operational needs. It will also support the defence industry sector to make the most of business opportunities within Australia and overseas.

The Program

The Australian Government, through DMO, is investing a total of $45 million in the PIC Innovation Program over the next 8 years.

The Program will provide up to $4 million in funding to successful applicants; these funds can be used to assist companies undertaking innovative projects relating to one or more of the PICs.

Grantees who successfully commercialise their project may be required to make payments to the Commonwealth, based on the gross sales revenue generated by the project’s output.

For further information please see the PIC Innovation Program Fact Sheet

Eligibility

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To be eligible for PIC Innovation Program funding, Australian based defence companies must show that they currently have and support an Australian defence contract or subcontract, or that they have the technical and corporate capacity to support a defence capability which has been publicly foreshadowed for tender within the Defence Capability Plan. More information on eligibility requirements can be found within the Program Guidelines.

Helpful PIC Innovation Program links:

PIC Innovation Program Guidelines
PIC Innovation Program Applicant Guidelines
PIC Innovation Program Application Form
PIC Innovation Program Project Budget Calculator
PIC Innovation Program sample Funding Agreement
PIC Innovation Program Information Session Presentation
PIC Innovation Program Fact Sheet
Priority Industry Capabilities Fact Sheet

Contact:

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Applicants can contact a PIC Innovation Program Advisor by calling the Industry Programs hotline for advice on their eligibility, and on completing a PIC Innovation Program Application Form.

E-mail: Industry.PICIP@defence.gov.au

Industry Programs Hotline: 1800 651 292

Fax: (02) 6144 2759

Mail:
PIC Innovation Program
Defence Materiel Organisation (BP25-03-44)
P.O. Box 7938 CANBERRA BC 2610