The second round will have $40 million available for eligible businesses and grants will range from $100,000 to $5 million to help fund projects such as replacing plant equipment, upgrading technology and developing iconic tourism experiences.
Round One of the Regional Job Creation Fund provided funding to help businesses expand, attract investment, and relocate to regional NSW, supporting more than 100 regional projects and creating nearly 5,000 new jobs in key engine industries.
Round Two is focussing on the agriculture, manufacturing, energy, tourism, and resource industries.
Parliamentary secretary to the Deputy Premier and for regional jobs, Gurmesh Singh, said the fund would help businesses expand production and provide incentives to move operations to the bush.
“Regional NSW is the engine room of the state and providing support to companies to expand their operations helps to stimulate regional economies, boost livelihoods and provide local employment,” Mr Singh said.
“This fund allows businesses to fast-track their growth plans, expand their operations and creates a solid base for job creation now and into the future.”
Applications are open now until 9am Monday (14 March 2022).
