Defence and Aerospace Industry Development Fund
9 November, 2019
The government is committed to developing Queensland small to medium-sized enterprises (SMEs) by supporting them to enhance their prospects for securing participation in defence and aerospace industry supply chains. The Defence and Aerospace Industry Development (DAID) Fund:
- enables Queensland SMEs to develop their capabilities and compete for national and international defence and aerospace industry contracts
- increases Queensland SMEs’ exposure and access to defence and aerospace industry supply chains
- facilitates the acquisition of internationally recognised industry certification.
Queensland SMEs operating in the defence, aerospace, and related C4ISREW sectors are encouraged to seek assistance from the DAID Fund to pursue industry-specific, internationally recognised certification of their business operations, goods or services.
The DAID Fund will also provide support for SMEs to participate in targeted international trade shows to engage with national and international companies in the defence and aerospace industries.
Applying for financial assistance
The International and Industry Certification stream of the DAID Fund is open. Applications will be accepted until 5pm on Thursday 12 December 2019.
Financial assistance is available to support SMEs to obtain certification of their business operations, goods or services to international industry-specific requirements. Grants from $10,000 to $30,000 (excluding GST) in matched funding will be awarded to approved applicants.
Applicants can apply for assistance for up to three certification categories; however, the maximum amount an applicant can receive is $30,000 (excluding GST) in matched funding.