Starting up or scaling up a business in NSW? The Jobs Plus Program can subsidise your growth
The $250 million Jobs Plus program is designed to support companies who want to establish and expand their footprint in NSW
Australian businesses that employ 20 or more staff, or international companies with at least 80 employees, may apply for support to start or expand business operations in NSW through the Jobs Plus program.
The program, aiming to create or support up to 25,000 jobs to 30 June 2022, is designed to support companies who want to expand their footprint in NSW, by reducing the cost of establishment, financial risk and increase speed to market for businesses looking to scale and grow in NSW.
It will provide private and non-government sectors seeking to invest in job-creating projects, proposals and partnerships, with support throughout the critical stages of business development.
Key elements of the program
Proponents seeking assistance through the Program will be eligible for a variety of support levers based on the number of jobs created. Indicative tiered support is outlined below.
Program levers include:
Jobs Plus Concierge Service
Access to a Jobs Plus Concierge Service in government to help businesses efficiently navigate and access government agencies and programs.
Payroll tax relief for up to 4 years
Up to a 4-year period, for every new job created where a business has created at least 30 net new jobs.
Subsidised training package rebates
Partnering to develop subsidised training programs in order to build specialised skills aimed at sustaining these new jobs into the future. This includes funding to develop and deliver bespoke skills programs which can be accessed by the wider NSW community.
Enabling infrastructure rebates
Enabling infrastructure rebates to subsidise the cost of a new or expanding business, to connect to shared infrastructure or building new infrastructure to support their business needs.
Access to subsidised, short-term Government accommodation and spaces
Short term (less than 12 months) access to free or subsidised government accommodation and spaces.
Assistance with the NSW planning approvals
This will include fast tracked planning approval pathways and advice, plus guidance on appropriate site selection to increase speed to market.
To be considered for support under the Program, a proponent must meet the following qualification criteria:
1. Commit to the creation of 30 new FTE jobs in NSW
Project related jobs initiated before 30 June 2022 and delivered by 30 June 2024
2. Be either:
An ABN registered business
with at least 20 FTE employees in Australia at the time of application, and operating for at least two years.
A foreign owned entity
with at least 80 FTE employees globally providing written intent to establish a subsidiary or branch office in NSW through a physical presence, with staff located and paid in NSW.
3. Be a revenue-generating business
How to apply
The Jobs Plus Program will start 15 December 2020 and end on 30 June 2022.
Applications must be made online through the Service NSW Jobs Plus Program website.