Boosting businesses for Victoria's Defence Supply Chain
The Supply Chain Uplift Program is helping more Victorian supply chain businesses secure work with Hanwha Defence Australia and other major defence companies.
Round 7 of the program will support 11 Victorian companies with more than $750,000 in business improvement grants. This round will create 52 new high-skilled jobs.
Coburg North-based Clutch Industries will use the funding to develop advanced electric power systems for defence vehicles. It will create up to 5 jobs.
Carrum Downs-based Objective 3D will invest in new 3D printing technology to expand its advanced manufacturing capabilities. The company produce specialised components for the defence, automotive and medical sectors.
The Supply Chain Uplift Program has provided $4 million in grants to 53 Victorian small and medium-sized businesses.
The program highlights the growing importance of the defence sector to Victoria’s economy. The sector:
- contributes around $10.9 billion each year
- employs more than 29,000 people across the state.
Learn more about the Supply Chain Uplift Program on the Business Victoria website.