Eligibility

A standard eligibility criteria applies for all businesses and projects seeking to access the Local Jobs Fund.

The business

The business applying to the fund must have:

  • a significant presence in the Territory
  • high growth and job creation potential
  • sound governance, management and operating systems in place
  • registered for corporate and tax purposes in Australia.

The project

Projects in the Territory’s 10 growth and developing sectors, a related supply or service sector or other sector in which the Territory has a comparative advantage will be eligible to apply.

The Territory’s growth and developing sectors are set out in the Economic Development Framework.

Growth sectors are:

  • agribusiness
  • tourism
  • energy and minerals
  • international education and training
  • Defence and defence support industries.

Developing sectors are:

  • tropical health and research
  • creative industries
  • renewable energy
  • environmental services
  • human services.

Related service and supply sectors include industries that provide specialised goods or services to a growth or developing sector. For example, marine maintenance services is a related service and supply sector to the energy and minerals and defence sectors.

Other sector in which the Territory has a comparative advantage, include any sector where the Territory has a unique advantage in competing in national and global markets.

The fund will not provide support for applications that request assistance with:

  • working capital or business-as-usual capital requirements
  • refinancing of existing debt
  • payment of taxes or fines
  • payment of dividends to shareholders.

Eligibility is subject to change. Further details about eligibility and the application process are available in the policy framework.

Get a copy of the policy framework:

Local Jobs Fund policy framework PDF (265.7 KB)
Local Jobs Fund policy framework DOCX (211.8 KB)

All applicants are encouraged to discuss their application with the Local Jobs Fund team before submission.