Support for emerging and fast-growth SMEs
Jobs for NSW supports businesses to generate new jobs in NSW.
How we help
Emerging and fast-growth small to medium enterprises (SMEs) with strong year-on-year revenue growth are the powerhouses of the NSW economy. These businesses make up a mere 6% of NSW companies, and yet they have created over one million new jobs in the past six years.
Jobs for NSW aims to increase the number of high growth businesses in NSW and to help more businesses scale. Jobs for NSW is supporting high-potential SMEs in accessing the funding they need to grow creating more new jobs for the people of NSW.
There are a number of loan products available to SMEs, including:
- Accelerating Growth Loans to provide direct finance for emerging and fast-growth SMEs to enable further growth and create jobs in metropolitan Sydney, Newcastle and Wollongong
- Regional Growth Loans to provide direct finance for emerging and fast-growth SMEs to enable further growth and create jobs in regional areas outside of Sydney, Newcastle and Wollongong
- Strategic Growth Loans for emerging and fast-growth SMEs with demonstrated revenue of $1 million or more (within 12 months) who require capital to continue to grow and create jobs in NSW
- Loan Guarantees for fast-growth SMEs with demonstrated revenue of $3 million or more to enable bank finance for business expansion needed for job creation and growth.