Regional fund helps job creation

Tweed Shire Council

Tweed businesses are being encouraged to apply for funding support through the NSW Government's Regional Job Creation Fund Round Two.

The fund, created in 2020 to support businesses to establish or expand in regional NSW, is aimed at assisting businesses to generate more income opportunities and create more jobs.

The grant can be used for capital and other expenses directly related to the delivery of eligible projects, including purchase of equipment and expanding built infrastructure.

Council's Senior Economic Development Officer – Business Facilitation Kym Kranen said the first round of the Regional Job Creation Fund had assisted some Tweed businesses to expand and offer more jobs after successfully obtaining funding.

"This is a great opportunity for our innovative businesses to gain the financial boost they need to expand," Ms Kranen said.

"If you are at this stage in your business, please have a look at this fund.

"Applications are now open for Round Two of the fund with a further $40 million in co-funding available."

The Regional Job Creation Fund Round Two aims to create 2,000 new jobs in regional NSW over the next 3 years. It aims to resource projects in a range of areas, from replacing plant equipment and performing technology upgrades, to developing new product lines.

To start your application, complete an online Expression of Interest (EOI) form and a representative from the Department of Regional NSW will be in contact about the next steps.

Expressions of interest must be submitted by Friday 18 February 2022 and applications close 9 am on Monday 14 March 2022.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.