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 transition and decarbonisation
  • Manufacturing
  • Resources
  • Maritime
  • Digital
  • Space
  • National Security and Defence.

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 sectors 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 by way of its unique geography, climate and/or existing economic and social environment.

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
  • property development for on-sale or on-leasing.

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 (384.6 KB)
Local Jobs Fund policy framework DOCX (755.1 KB)

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

Applicants who consider their project may fall outside of the published eligibility and policy criteria, but still stand up to reasonable commercial scrutiny are also encouraged to discuss their concept with the Local Jobs Fund team.