Businesses encouraged to apply for projects under NSW Government’s $100 million Regional Job Creation Fund
Businesses looking to establish, expand or relocate operations to regional NSW are encouraged to apply for projects under the NSW Government’s new Regional Job Creation Fund.
The $100 million program will provide businesses in engine, enabling or emerging engine industries with the money they need to fast track expansion plans, create new opportunities and jobs, and attract new customers.
The Regional Job Creation Fund will provide co-funding for projects that create and retain at least five regional jobs, including those that:
- replace, upgrade or adapt existing plant or equipment, including technology or energy efficiency upgrades
- enable existing regional NSW businesses to establish an additional production line
- relocate a business from interstate or internationally to regional NSW, or onshore an activity currently being undertaken overseas to regional NSW
- develop new tourism experiences and attractions to create new demand in a region.
The $100 million Regional Job Creation Fund will aim to create at least 5,000 new direct jobs across regional NSW in the next three years.
Setting businesses up for success means they can attract new customers, putting more people in work and earning a wage that they will spend in local shops, which supports local retail workers as well as their suppliers.
Businesses already operating regionally that want to expand, as well as interstate and overseas businesses considering relocating or establishing operations in regional NSW, are encouraged to apply.
Applications are open now and will close on Friday 14 May 2021 or when program funding is fully allocated.
Find out more about eligibility criteria and program guidelines here