Local Jobs Fund
The Northern Territory Government is establishing a $91.5 million co-investment fund to accelerate major and significant projects in the Territory.
The fund will support economic transformation projects and will help high growth potential Territory businesses to increase exports of goods and services both interstate and internationally.
It will offer:
- capital grants for economic transformation projects
- concessional loans to deliver short-term finance to small and emerging businesses with significant long-term potential, and
- equity finance.
The fund will be administered by the Department of Trade, Business and Innovation.
Further details about the new fund will be released by the end of November 2018.
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Last updated: 01 November 2018