Published on Dec 1, 2020
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The Hunter Valley Region is home to thriving agribusiness, energy and resources industries and strong manufacturing, tourism and service sectors, enforcing the fact that our region is a key driver of our state’s economic strength and future.
To continue to support existing regional businesses to grow and encourage interstate and international businesses to invest in our regions, the NSW Government is proud to launch the $100 million Regional Job Creation Fund.
The Fund will support existing regional businesses to grow and encourage investment from those further afield through providing grants of up to $10 million to activate or bring forward regional projects in ‘engine’, enabling or emerging engine industries.
The Regional Job Creation Fund is part of a suite of NSW Government initiatives and programs designed to foster economic growth and promote investment in regional areas.
Business owners currently trading or looking to set up in regional NSW are encouraged to consider how the Regional Job Creation Fund can help their business expand and strengthen the economy of regional NSW.
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 regional tourism experiences and visitor attractions
- 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 with 5,000 new direct jobs (full-time equivalent) in regional NSW over a three–year period.
Applications for the Regional Job Creation Fund are now open. All submission to be lodged by 5.00pm on Friday, 14 May 2021.
For more information and to check your eligibility visit Regional Job Creation Fund.
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