DEFENCE EXPORT GRANT HELPS SUNSHINE COAST SMALL BUSINESS GO GLOBAL
Innovative local business HeliMods has been awarded $150,000 by the Morrison Government to help it expand overseas and create new jobs of the future here on the Sunshine Coast.
Announcing the grant during a visit to Helimods this morning, Federal Member for Fisher Andrew Wallace congratulated Managing Director Will Shrapnel and his team on this important next step in building a global success story.
“The fantastic skills and ideas that the team at HeliMods already have make them true leaders in their field, not only in Australia but worldwide. But as a young business here on the Sunshine Coast, HeliMods needs bigger and better equipment to help turn their great ideas into globally competitive products. That’s what this Morrison Government grant helps to deliver.” Mr Wallace said.
“This new Federally funded equipment will allow the company to compete even more effectively on an international stage and pursue new opportunities in international markets. By investing in local businesses like HeliMods, we are growing our local defence industry to create more jobs
of the future and opportunities for our young people here on the Sunshine Coast,” Mr Wallace said.
The funding, delivered under the Defence Global Competitiveness Grant program, has allowed HeliMods to purchase, install and calibrate a Vertical Machining Centre at their facility at Caloundra Aerodrome. This equipment will deliver new large-format machining capability and allow HeliMods to create the high-quality products that overseas buyers need faster, cheaper and more reliably.
Helimods founder and Managing Director Will Shrapnel said, “This technology is important in that it allows us to manufacture more complex, larger-scale aerospace products, such as complete replacement utility floors for helicopters.”
“We have already realised significant value from the machine, including a recent project where we produced and delivered large components for the Australian Defence Forces’s cargo helicopter, the CH-47 Chinook.”
“I have no doubt that the introduction of this technology is just the next step in our global growth journey. We have received great support from the Federal Government through that growth and see a bright future ahead through exporting greater high-value products across the world from our beautiful Sunshine Coast region.” he said.
The Morrison Government is investing up to $4.1 million each year under the Defence Global Competitiveness Grants program, a key initiative of the Defence Export Strategy.
“I’ll continue to work hard to support more local companies to take up the opportunity to expand overseas, strengthening our local defence industry and creating more diverse opportunities for our children,” Mr Wallace said.
For more information on the Defence Global Competitiveness Grant program see https://www.business.gov.au/Grants-and-Programs/Defence-Global-Competitiveness-Grants
For more information about Helimods see www.helimods.com