DEPARTMENT OF DEFENCE - CASG has floated a tender for Expression of Interest (Eoi) - Pilot Fund - Investment in Defence Businesses. The project location is Australia and the tender is closing on 02 Aug 2024. The tender notice number is DOD/EOI/2024/1, while the TOT Ref Number is 103828509. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Australia

Summary : Expression of Interest (Eoi) - Pilot Fund - Investment in Defence Businesses

Deadline : 02 Aug 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 103828509

Document Ref. No. : DOD/EOI/2024/1

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

Name :Login to see tender_details

Address : Login to see tender_details

Email : Login to see tender_details

Login to see details

Tender Details

This EOI is issued in response to item 4.4 of the Defence Industry Development Strategy (DIDS) announced by The Hon Pat Conroy on 29 February 2024 which outlined : ‘The Commonwealth will look to explore with venture capital fund managers and other investors a pilot project to assess appetite, fund size and opportunities for investors to invest equity (or debt) in eligible Australian businesses who have developed Defence capability, which is identified as a priority.- Chapter 4 of the DIDS includes commitments by the Government to encourage private investment in Australian defence industrial capabilities to complement Government investment. This includes engaging with private investors to enable them to better understand Defence-s requirements and opportunities. The Commonwealth, through Defence and supported by other relevant agencies, is looking to explore a Pilot Fund project with venture capital fund managers and investors, institutional investors and potentially a cohort of other sophisticated investors. It will assess appetite, fund size and opportunities for investors to invest equity (or convertible debt) in eligible Australian micro and small businesses (less than 50 employees) who have developed capabilities identified by Defence as ‘Sovereign Defence Industrial Priorities' (as identified in the DIDS). Innovative capabilities must achieve a technical readiness level between 3 and 7. The intent is to identify where there is a gap in the market which small busi...

Documents

 Tender Notice