Member for Coffs Harbour Andrew Fraser said local technology business Janison Solutions has secured NSW Government funding that will enable part of a $949,000 business expansion project which is set to create up to 15 new, highly skilled jobs in the region.
Mr Fraser said the $300,000 in funding, from government-backed, private-sector led Jobs for NSW, would enable Janison Solutions to expand and provide a welcome boost to the local economy.
“Janison has been in business for 20 years and builds innovative online learning and assessment solutions for global corporate, government and education clients,” Mr Fraser said.
“The company has its headquarters in Coffs Harbour but also has offices in Sydney, Melbourne, Auckland and Singapore.
“Under its current expansion plans, Janison intends to develop assessment system software which will provide for the creation, delivery and marking of e-exams for tertiary qualifications.
“This fantastic financial boost to its operations will enable the business to customise its current products to address the special needs of this market thereby giving it a competitive advantage which, in turn, will generate greater revenue, create more skilled local jobs and boost the local economy.”
Deputy Premier and Minister for Regional NSW John Barilaro said the NSW Government is also targeting high-growth regional SMEs with new loan products ranging from $200,000 to $1.2 million, and a loan guarantee of up to $5 million to provide emerging businesses with capital to grow and drive job creation across the state.
“The flexibility of this type of investment support will be a major boost to fast-growth business in regional areas. In particular, regional businesses should look to the Regional Growth Loan which is interest-free.
“This fantastic initiative will give NSW businesses with the greatest potential to succeed the ability to overcome obstacles to maximise their growth by providing targeted loans across each stage of the business growth cycle.
“All loans will be conditional on projects meeting agreed job creation targets within agreed timeframes depending on the size of the loan. As a benchmark, for a loan of $500,000, a minimum of 10 full time jobs will need to be created within two years.”
More information: visit www.jobsfornsw.com.au