Saturday, October 23, 2021

NSW govt to give up to $10 mn grants to regional business under job creation fund

Regional businesses that can increase employment by expanding production lines or relocate operations to regional NSW from interstate or overseas will have access to support grants of up to $10 million under a new program designed to create more jobs across the state.

Deputy Premier John Barilaro said the $100 million Regional Job Creation Fund will provide businesses with the money they need to fast track expansion plans, to create jobs and stimulate the local economy.

“NSW businesses have demonstrated remarkable resilience in the face of drought, bushfires and COVID-19 and this unprecedented funding program will help them thrive instead of just survive,” Mr Barilaro said.

“I have set an ambitious target for the Regional Job Creation Fund to create at least 5,000 new direct jobs across regional NSW in the next three years by providing businesses with the equipment, infrastructure and capacity they need to create new opportunities and attract new customers.

MUST READ  Public appeal to help find missing Canberra family with a baby

“Regional NSW is the engine room of our state and this program will deliver immediate economic stimulus as businesses leverage new opportunities by providing work for tradies and suppliers.

“Regional NSW’s abundance of natural resources, its pool of skilled labour and the NSW Government’s record infrastructure spend is providing businesses and industry with everything they need to succeed.”

Mr Barilaro said the Regional Job Creation Fund will provide grants between $100,000 and up to $10 million to undertake projects that create 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.
MUST READ  New licensing scheme could have dangerous consequences for electrical trades
MUST READ  Taliban captures key Afghan border crossing with Iran

Applications are now open and will close on Friday 14 May 2021 or when program funding is fully allocated.

For information about eligibility criteria and program guidelines, go to www.investregionalnsw.com/RJCFund

Latest news

BTS leaves Sony Music for Universal, world’s biggest music label

South Korea's BTS has signed a new distribution and marketing deal with Universal Music Group, the world's biggest music label, dropping Sony Music's Columbia...

“Unjustified”: Aryan Khan says NCB officer misinterpreting whatsApp chats

Aryan Khan, son of Bollywood superstar Shah Rukh Khan, in his plea in the Bombay High Court seeking bail, has said the NCB was...

Ash Barty pulls out of remaining 2021 WTA season to focus on Aus Open 2022

Aussie tennis champion Ash Barty has officially decided to pull out of the remainder of the 2021 WTA season, including the $US14 million ($A19m)...

$25m community sport boost; NSW stresses on need to get global students back

NSW Premier Dominic Perrottet has announced a $25m boost for community sport - and said he wants students to be brought back to the...

Related news

BTS leaves Sony Music for Universal, world’s biggest music label

South Korea's BTS has signed a new distribution and marketing deal with Universal Music Group, the world's biggest music label, dropping Sony Music's Columbia...
MUST READ  New licensing scheme could have dangerous consequences for electrical trades

“Unjustified”: Aryan Khan says NCB officer misinterpreting whatsApp chats

Aryan Khan, son of Bollywood superstar Shah Rukh Khan, in his plea in the Bombay High Court seeking bail, has said the NCB was...

Ash Barty pulls out of remaining 2021 WTA season to focus on Aus Open 2022

Aussie tennis champion Ash Barty has officially decided to pull out of the remainder of the 2021 WTA season, including the $US14 million ($A19m)...

$25m community sport boost; NSW stresses on need to get global students back

NSW Premier Dominic Perrottet has announced a $25m boost for community sport - and said he wants students to be brought back to the...

Eddie Obeid ordered to go to jail tomorrow morning to begin 7-yr sentence

Disgraced former Labor minister and convicted criminal Eddie Obeid has been ordered to go to prison to begin his sentence after being jailed over...

Postponed Eng vs India 5th Test will be held in July 2022, says ECB

The fifth Test match between England and India, which was earlier called off due to a Covid outbreak in the Indian camp, will now be played in July...

Actor Alec Baldwin accidentally shoots and kills cinematographer on film set

Hollywood actor Alec Baldwin fatally shot a cinematographer and wounded a director when he discharged a prop gun on a movie set in New...

CBSE replies after Punjab CM criticises move to keep Punjabi out of major subjects

The Central Board of Secondary Education (CBSE) on Friday clarified that all regional languages have been kept in the category of minor subjects for...