The Australian Industry and Defence Network (AIDN) has welcomed the Government's announcements relating to funding for SMEs.
“AIDN welcomes the extra funding for Australian industry and will continue to work with government on investment programs to ensure they are a suitable fit for members,’’ said AIDN CEO Mike Johnson.
Recent announcements include an investment of $262 million through the Defence Industry Development Grants program, the Global Supply Chain program and the Defence Industry Vendor Qualification program as well as the opening of Codan's new radio production line.
“Australia’s industrial priorities can only be achieved if the procurement framework guarantees genuinely local, Australian-owned small and medium-sized businesses are truly thriving, by obtaining substantial work opportunities,’’ he added.