Through the Supply Chain Uplift Program, Victorian small to medium-sized businesses can apply for grants of up to $100,000 to improve their capability through activities such as:

• upgrading business systems and facilities
• gaining international accreditations and certifications, or
• undertaking research and product development

In conjunction with a targeted investment stream, the Supply Chain Uplift Program will distribute funding from the $10 million Victorian Land Systems Fund. The fund supports local businesses to join Hanwha Defense Australia’s supply chain to maximise the value of Hanwha’s defence contracts, secure local jobs and boost the economy.

More than 6,300 businesses provide services and manufacturing in Victoria’s defence sector, including equipment across military vehicle production, maritime design, aerospace components and cybersecurity.

The sector contributes $8.4 billion to the Victorian economy each year and supports around 24,300 jobs across the defence industry.

Visit the Premier's website to read the full media release.