cyber daily logo

Breaking news and updates daily. Subscribe to our Newsletter

Breaking news and updates daily. Subscribe to our Newsletter X facebook linkedin Instagram Instagram

New grants scheme launched to bolster cyber security capability

A new $25.6 million fund has been established by the federal government to incentivise the provision of cyber security training.

user icon Charbel Kadib
Thu, 11 Feb 2021
New grants scheme launched to bolster cyber security capability
expand image

The Morrison government has announced the launch of the Cyber Security Skills Partnership Innovation Fund, which aims to support the delivery of new career pathways in the sector.

As part of the $25.6 million scheme, grants of between $250,000 and $3 million will be offered to businesses and education providers who commit to collaborating to develop innovative projects that improve the quality or availability of cyber security professionals in Australia.

Eligible projects include:

  • developing and delivering specialist cyber security courses for professionals;
  • retraining programs;
  • professional development;
  • apprenticeships, internships, cadetships, work experience and staff exchanges; and
  • establishing cyber labs and training facilities.

Applicants are required to submit a joint application, with one eligible lead organisation serving as the main driver of the project, and at least one other project partner.

Approximately $13 million in funding is expected to be available for the first round of the grants program, which closes on 11 March 2021.

The second round of funding is expected to be launched late this year.

“Cyber security is essential to our digital economy and needs to be strong in all areas, particularly in small and medium enterprises, which comprise 98 per cent of all Australian businesses,” Minister for Industry, Science, and Technology Karen Andrews said.

“This fund builds on our commitment to keep Australians secure online, and to support building industry capability.”

Minister for Home Affairs Peter Dutton said developing the nation’s cyber capabilities underpins the government’s Cyber Security Strategy 2020.

“Having more people trained in cyber security will build on the other measures funded as part of our $1.67 billion Strategy to keep Australians safe online and protect against cyber attacks from malicious actors including cyber criminals,” Minister Dutton said.

The Cyber Security Skills Partnership Innovation Fund forms part of the $50 million Cyber Security National Workforce Growth Program.

Charbel Kadib

Charbel Kadib

News Editor – Defence and Security, Momentum Media

Prior to joining the defence and aerospace team in 2020, Charbel was news editor of The Adviser and Mortgage Business, where he covered developments in the banking and financial services sector for three years. Charbel has a keen interest in geopolitics and international relations, graduating from the University of Notre Dame with a double major in politics and journalism. Charbel has also completed internships with The Australian Department of Communications and the Arts and public relations agency Fifty Acres

cyber daily subscribe
Be the first to hear the latest developments in the cyber industry.