LOCAL PROJECTS TO BENEFIT FROM REGIONAL JOB CREATION FUND
Thursday, 7 July 2022
Member for Cootamundra, Steph Cooke has announced over $1 million in funding for a total of six local projects under Round Two of the NSW Government’s Regional Job Creation Fund.
Ms Cooke has congratulated three businesses in the Cootamundra, Illabo and Temora region to receive funding under the latest round.
Cootamundra Country Foods has secured $110,000 to increase capacity in production to capitalise on success in export markets by removing bottlenecks in their production line to increase capacity.
Horizon United Group of Illabo has secured $355,500 to establish a permanent facility to provide a base for trades throughout the Riverina.
Smiths Cooking Systems Pty Ltd of Temora has secured $130,000 to set up a factory and build capacity to become an original equipment manufacturer.
“It is fantastic this this investment by NSW Government is expected to create an additional 32 jobs in the area,” Ms Cooke said.
“We value and support local business and this program presents a great opportunity for innovative businesses to gain the financial boost they need to expand.”
Deputy Premier and Minister for Regional NSW Paul Toole said the NSW Government’s $140 million Regional Job Creation Fund is on track to create over 6,500 new direct jobs in regional NSW by helping businesses expand production and provide incentives to move operations to the bush.
“The Regional Job Creation Fund continues to attract new investment from businesses and enable economic recovery across agriculture, manufacturing and tourism industries and ensure they continue to thrive now and into the future,” Mr Toole said.
“This fund allows businesses to fast-track their growth plans, expand their operations and creates a solid base for job creation in regional NSW.
“This funding exemplifies the NSW Government’s commitment to build robust regional economies, which is giving businesses, employees and their families confidence in the growth and prosperity of regional NSW.”
Under the Regional Job Creation Fund, eligible businesses could apply for grants to support the purchase of new equipment, expand facilities, create new iconic tourist experiences and visitor attractions or relocate businesses from out of state to regional NSW, which will lead to the creation of new jobs.
An additional $100 million for the Regional Job Creation Fund was included in the 2022/23 Budget. Further details will be available later in 2022.
For more information, go to: www.nsw.gov.au/RJCF
