Businesses could benefit from the NSW Liberal and Nationals Government’s $100 million Regional Job Creation Fund Round Three that aims to enhance job opportunities, boost staff retention, and grow and diversify business in regional NSW.
Member for Cootamundra Steph Cooke announced Expressions of Interest (EOI) will open on Friday, 13 January for applications that attract investment through co-funded projects and initiatives to support economic growth, productivity and diversity in the region.
“Local businesses contribute greatly to our economy and the Regional Job Creation Fund continues to support regional business by co-funding projects that drive investment, create jobs and boost economic growth,” Ms Cooke said.
Deputy Premier and Minister for Regional NSW Paul Toole said previous rounds of the Regional Job Creation Fund provided $140 million to close to 200 regional projects, enabling more than $360 million of private investment into regional NSW and creating 6,500 new jobs in key industries.
“We’ve already seen the difference this fund is making to regional businesses right across the State – and now we want to build on that by opening Expressions of Interest (EOI) for our next round of funding.
“This Fund is doing exactly what it was designed to do – creating jobs in regional NSW that support the economic growth of our regions, and ensure business confidence from Bourke to Byron Bay.”
Eligible businesses can apply for grants of between $100,000 and $10 million for projects such as replacing plant equipment, upgrading technology and ensuring businesses that might otherwise have to relocate can remain operational in regional areas.
Expressions of Interest for Round Three of the Regional Job Creation Fund open on Friday, 13 January 2023 and close 5pm Monday, 6 March 2023. Successful EOI applicants will be invited to submit detailed applications from May 2023.
For further information about the Regional Job Creation Fund, including program guidelines and eligibility criteria, go to: www.nsw.gov.au/RJCF.