Up to $250,000 is available from the Capability Improvement Grants to reimburse up to half of the cost of engaging a consultant to implement the recommendations provided in the CDIC advisory or facilitation report.
CDIC Capability Improvement Grants
The Centre for Defence Industry Capability (CDIC) Capability Improvement Grants reimburses you for up to half of the cost of engaging a consultant or expert to implement the recommendations provided in your CDIC advisory or facilitation services report, including undertaking any recommended training.
The CDIC will provide up to $3 million in Capability Improvement Grants each year. The exact amount of funding available in any year will take into account advice from the CDIC Advisory Board.
Grants of up to $250,000 are available. The minimum grant amount is $5,000.
There is no limit to the number of grants a business can receive over the life of the CDIC, but total funding is capped at $250,000 per grantee in a three year period.
Eligible activities for the Capability Improvement Grants include:
- strategic business issues
- human resources issues
- internal systems
- production and operational systems
- marketing, branding and communication
- financial management systems
- exploring new markets and market intelligence
- environmental sustainability
- product and service development
- skills and training.
As part of an advisory or facilitation service your business adviser may make specific business capability improvement recommendations that are eligible for a Capability Improvement Grant.
Capability Improvement Grants are only available where the business adviser or facilitator has confirmed a direct link between the improvements to be funded and the Defence industrial priorities.
To be eligible you must:
- apply within 12 months of receiving a CDIC advisory or facilitation service recommendationorapply for funding to continue a longer qualification such as a university degree which has previously commenced through a Capability Improvement Grant and takes more than 12 months to complete
- be implementing recommendations identified in a report provided by a business adviser or facilitator
- be able to fund your share of the cost of engaging a consultant or expert not met by the grant.
Applications must be made within 12 months of receiving a CDIC advisory or facilitation service.