The A$140 million Regional Job Creation Fund supports existing businesses in regional NSW to grow and encourages interstate or overseas businesses to invest in regional NSW.
The Regional Job Creation Fund supports regional investment and job creation by co-funding to activate or bring forward regional projects in engine, enabling or emerging engine industries. Examples of eligible projects could include the:
replacement, upgrade or adaptation of plant and equipment at an existing regional NSW business
establishment of an additional production line for an existing regional NSW business
onshoring of activity currently done overseas to a regional NSW location
development of new regionally significant and/or iconic tourism experiences and visitor attractions creating new interstate or international demand in the region
relocation of a business operation from out of state to regional NSW.
The Regional Job Creation Fund’s focus is to co-fund projects creating at least five sustainable regional jobs. Applicants must provide a minimum 50% cash co-contribution to the project and the NSW Government contribution will be no more than $20,000 per new job created through the project.