Why is this important to the people of NSW?
Jobs create purpose
Jobs give people quality of life and help them to learn, grow and achieve their potential. Jobs provide purpose, independence and social connection.
We are assisting small businesses across NSW to grow, whether it be a rehabilitation practice on the Central Coast or a curtain making business in Sydney's southern suburbs.
Since 2014, one in three new jobs in Australia has been created in NSW.
How are we tracking?
As at October 2018, there were 377,000 new jobs that had been created since April 2015.
What are we doing?
We are supporting job creation in three ways.
1. Supporting businesses by:
- $190 million over four years for the Jobs for NSW fund which will strengthen the NSW economy by generating rewarding jobs and accelerating high-potential sectors. It provides:
- establishment of the Sydney Startup Hub to help create jobs in innovative businesses. The Hub includes a regional landing pad to help regionally-based entrepreneurs collaborate with Sydney businesses. An Australian first to grow the size and strength of NSW's innovation ecosystem, the Hub will host up to 2500 people
- business loans, loan guarantees and other forms of business support that will accelerate job creation. Apply for funding or find out more at Jobs for NSW
- providing high quality business advice to small and medium businesses, with 70 per cent of Business Connect program funding allocated to regional NSW
2. Ensuring a skilled workforce by:
- creating jobs and apprenticeships for the construction sector through government infrastructure projects boosting vocational training through:
- 200,000 scholarships to skill young people looking for jobs
- 25,000 scholarships to students enrolling in science, technology, engineering, and maths-related vocational qualifications
- new training, upskilling and employment opportunities through the Smart and Skilled program.
3. Supporting regional development by:
- investing $1.3 billion in regional infrastructure to support growing regional centres, activate local economies and improve services in communities through the Regional Growth Fund
- funding environmental and tourism infrastructure projects under the Regional Tourism Infrastructure Fund and the Restart NSW Regional Growth - Environment and Tourism Fund to help increase tourist numbers, drive job creation and build on our other regional investment programs
- allocating at least 30 per cent of the Jobs for NSW Fund (total: $190 million over four years) on job creation in regional NSW, including the ability to access a suite of Jobs for NSW products under the Regional Jobs Now package that was launched in 2016.
Taking Sydney rock oysters to the Asia–Pacific
The taste of a creamy Sydney rock oyster doused with a zing of lemon is about to go global after oyster farmers Australia’s Oyster Coast (AOC) received a $10 million investment from the NSW Government-backed GO NSW Equity Fund.
The South Coast based company will be able to double its workforce to 75 people, creating 40 new full-time jobs and another 20 jobs indirectly in local economies, with the investment of $3.3 million from Jobs for NSW and $6.7 million from fund partner First State Super.
Although NSW has always had a strong consumer market for oysters, until now an under supply of product and a fragmented sector made of many small growers has hampered the industry’s ability to expand nationally and overseas. With the $10 million investment, AOC can now expand their farming and processing operations, improve their infrastructure, access economies of scale, and invest in marketing their pristine oysters.
Upstairs opens doors for Central West startups
As the main gateway to the Central West, Bathurst and the Upstairs Startup Hub will be a place where local entrepreneurs can develop their ideas, meet mentors and collaborators, and expand their business. "We can give startups the same opportunities one might get in Sydney, and an even greater runway, but without the higher cost of living", said James Lloyd, manager of the Upstairs Startup Hub.
Backed by a $270,000 grant from Jobs for NSW and assistance from Upstairs’ founding partners Reliance Bank, Charles Sturt University and Bathurst Regional Council, the Upstairs Startup Hub will help grow new businesses in the Central West and create up to 137 jobs in five years.
With support from Jobs for NSW, Upstairs was able to fit-out and operate the 600 square metre space, which comes complete with 32 dedicated workstations, breakout zones, quiet areas, a boardroom, high-speed internet, meeting rooms, 24/7 access and a pitch space.
What can you do?
Are you starting a business?
We are making it easier to do business by offering a range of support services to help you navigate regulatory requirements.
We're also supporting startups with the Sydney Start Up Hub, the first of its kind in Australia. The Start Up hub will support innovation, strengthen the startup community and grow new sustainable high-value jobs.
Are you a business owner?
We want everyone to have a chance at a secure future. The 2017 NSW skills list includes new qualifications and traineeships that is funded by us under the Smart and Skilled program.