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What is the Victorian Land Systems Fund?
The Victorian Land Systems Fund – Supply Chain Uplift Program is an initiative which aims to support Victorian defence industry businesses to work with Hanwha Defense Australia (Hanwha) as part of its supply chain.
The Victorian Government has established the Supply Chain Uplift Program (SCUP) to support Victorian-based supply chain partners of Hanwha Defense. SCUP is part of the Victorian Government’s Defence Capture Plan (2021) which outlines the government’s approach to grow Victoria’s defence industry sector.
The Victorian Land Systems Fund is a Victorian Government initiative that supports Victorian businesses, with a focus on Small to Medium Enterprises (SMEs), to win supply chain work with Hanwha for the Commonwealth Government’s Land 8116 program.
The Supply Chain Uplift Program (SCUP) is one of two Victorian Land Systems Fundgrant streams. The SCUP provides grants for business improvement activities that will enhance the capacityof SMEs to effectively compete for and win contracts with Hanwha.
Bulletpoint assisted Thomas Global Systems secure a grant of $2 million to develop and manufacture next-generation avionics and high integrity defence electronics.
The company will develop and qualify two new flight critical avonics products – an Enhanced Upfront Display Unit and a Keyboard Unit for Boeing AH-64 Apache Helicopter, a significant US military airborne program.
The products will utilise extant, proven Thomas Global technology and processes, which will be customised to suit the Apache program’s requirements.
The Australian Government has announced plans to purchase Apache helicopters as part of its LAND 4503 program.
Thomas Global designs, manufactures, and supports highly engineered and reliable electronic systems solutions for commercial aviation, defense and other high-integrity transportation applications.
Bulletoint helped SoftIron secure a grant of $1.5M to open its first manufacturing facility in Australia.
The facility will build “clean” computer servers for the Australian Defence Force to be sure there is no unknown code in their data centres.
The project will further bolster Australia’s data infrastructure resilience by locally manufacturing our world-leading data centre solutions.
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The objectives of the Victorian Land Systems Fund are to maximise the value of the $1 billion Land 8116 program to the State, by supporting Victorian defence industry businesses to enter Hanwha’s domestic and global supply chains.
Victorian Land Systems Funding will support eligible Victorian businesses to:
- gain relevant accreditations and meet industry specific compliance requirements
- prepare tenders
- undertake minor facilities upgrades and equipment fit outs
- develop new or enhance current defence products or services
- undertake defence R&D
- participate in trade missions to pursue collaboration and export opportunities.
Grant amounts of between $2,000 and $100,000 (excl GST) are available under the Victorian Land Systems Fund.
The Department will fund 50 per cent of Eligible Expenditure, up to a maximum of $100,000 (excl. GST) of eligible project costs.
Victorian Land Systems Funds can be used to undertake the following eligible activities:
- business systems and process certifications
- tender response assistance
- industry specific compliance requirements
- supply chain collaboration activities
- development of defence R&D and technology transfer activities
- product development.
These examples are not exhaustive.
Applicants are encouraged to read the Program Guidelines for a full list of eligible activities.
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Victorian Land Systems Fund applicants must meet all the following criteria to be eligible to apply:
- have Hanwha’s support for its application to this program (please note the Department may verify your claim with Hanwha)
- be a legal entity with an operating business presence in Victoria
- submit an application for activities linked directly to the applicant’s Victorian business operations
- have an Australian Business Number (ABN)
- be able to meet the required cash co-contribution ($1 for every $1 provided)
- attest that the business complies with all workplace health and safety obligations and meet all industrial relations obligations as an employer.
Preference will be given to small and mid-size enterprises seeking to access the program, however companies with more than 200 employees can apply and will be assessed on a case-by-case basis.
Applications for the Victorian Land Systems Fund will open to be soon.