Only $136,000 of funds remain to be dispersed as per their website in November 2020, therefore this program is expected to close soon.
Provides Australian businesses and research organisations with matched funding of up to $1 million for Projects to help them enter export markets, secure domestic contracts and upskill their staff so they can win work with the Joint Strike Fighter (JSF) Program.
The Departments of Defence and Industry, Innovation and Science deliver and manage the New Air Combat Capability – Industry Support Program (NACC-ISP). It aims to help defence industry businesses to improve their:
- capability
- competitiveness and
- capacity for innovation
with regard to the Joint Strike Fighter (JSF) project.
NACC-ISP will assist businesses that want to:
- enter export markets
- secure domestic contracts and
- up-skill staff.
The NACC-ISP offers Australian industry and research organisations three streams of assistance. Applicants must invest the same dollar value of the funding they are seeking.
Stream A: Grants of up to $1 million over a period of no more than 3 years (plus any approved extensions), for the development of new or improved JSF technology, product, process or service.
Stream B: Grants of up to $250,000 over a period of no more than 18 months (plus any approved extensions), for the development of new or improved JSF technology, product, process or service.
Stream C: Grants of up to $300,000 with no more than $100,000 per financial year, for a period of no more than 36 months for Australian universities, Cooperative Research Centres (CRCs), publicly funded research agencies (PFRAs) or a company controlled by one of the above.