Central Coast companies which may improve employment by increasing manufacturing strains now have entry to assist grants of as much as $10M below a brand new program designed to create extra jobs throughout the state.
Deputy Premier John Barilaro mentioned the $100M Regional Job Creation Fund will present companies with the cash they should quick monitor enlargement plans, to create jobs and stimulate the native financial system.
“NSW companies have demonstrated exceptional resilience within the face of drought, bushfires and COVID-19 and this unprecedented funding program will assist them thrive as an alternative of simply survive,” Barilaro mentioned.
“I’ve set an formidable goal for the Regional Job Creation Fund to create no less than 5,000 new direct jobs throughout regional NSW within the subsequent three years by offering companies with the gear, infrastructure and capability they should create new alternatives and entice new prospects.
“Regional NSW is the engine room of our state and this program will ship rapid financial stimulus as companies leverage new alternatives by offering work for tradies and suppliers.
“Regional NSW’s abundance of pure assets, its pool of expert labour and the NSW Authorities’s document infrastructure spend is offering companies and business with every thing they should succeed.”
Barilaro mentioned the Regional Job Creation Fund will present grants of between $100,000 and $10M to undertake initiatives that create jobs, together with people who change, improve or adapt current plant or gear, together with expertise or power effectivity upgrades or allow current regional NSW companies to determine a further manufacturing line.
Companies wishing to relocate from interstate or internationally to regional NSW are additionally eligible.
Functions will shut on Friday, Could 14 or when program funding is totally allotted.
Media launch, Oct 25
Deputy Premier John Barilaro