A Mitchellstown business has been awarded $1 million in federal funding as part of a program that will enhance Australia’s sovereign defence industry.
Federal Member for Nicholls Damian Drum congratulated Aurumtown on receiving the Sovereign Industrial Capability Grant that would allow the business to upgrade its facilities to increase storage and manufacturing capabilities.
“Aurumtown is not only providing highly-skilled jobs for locals in Nicholls, but they’re also playing an important role in keeping Australians safe,” he said.
“By investing in our defence industry’s small businesses, the Federal Government is supporting the future growth of our industry and creating opportunities for more businesses to take part in our record build-up of military capability.”
Defence Industry Minister Melissa Price said the latest batch of grants would also boost innovation and investment in Australian Defence Force capability.
“This program helps drive innovation in small businesses and makes them more competitive, especially in the face of COVID-19 challenges,” she said.
“These grants make a vital contribution to growing Australia’s sovereign defence industrial base.
“The Federal Government is committed to safeguarding the livelihoods of all Australians, including small businesses within the defence sector.”
Mr Drum said grant applications could be made at any time through the Centre for Defence Industry Capability.