Financing for business and projects
Tender ID: 539201
Tender Details
Tender Description
Local Jobs Fund
The Local Jobs Fund offers financing for major business expansion in the Territory.
The fund aims to:
- increase employment in the Territory
- provide access to capital that may not otherwise be readily available to assist project progress
- increase exports of goods and services interstate and overseas.
Summary
$66.7 million funding for infrastructure-led projects
The Northern Australia Infrastructure Facility (NAIF) has partnered with Local Jobs Fund to establish the Territory Infrastructure Loans program. Territory Infrastructure Loans will support the development and expansion of enabling infrastructure, employment and economic growth, as well as improve outcomes for Aboriginal Territorians.
Eligibility
Funding sought can be for an approved purpose being tangible growth capital expenditure.
The fund will not support applications requesting assistance with:
- refinance of existing debt
- acquisition of land or shares
- working capital or operational business expenses including re-stocking of inventory
- funding equity distributions.
Location
Category
Community & Social Services : Grant & Funding Programs