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Large talent pool 20,000+ commuters, skilled locals and UOW graduates
Vibrant coastal city Discover more about why you will love living here
Work-life balance A city where you can achieve real work-life balance
Supportive environment Discover more about local business networks and support
One hour south of Sydney Strategic location, close to Sydney, its airport, and Canberra
UOW – a global university Where you can develop research and commercial partnerships
Costs and staff retention Up to 33% more cost effective than Sydney, Melbourne and Parramatta
Business case studies Hear from the experience of business people who live and work in Wollongong (and love it).
Key opportunities Wollongong provides opportunities across industries and key sectors
Advanced manufacturing Future focus on advanced machinery, equipment design and manufacturing
Defence Capabilities and innovative research in defence technologies and services
Professional services Professional, financial, and shared services firms call Wollongong home
Scaleups and entrepreneurs Wollongong scale-up successes and our entrepreneurial community
Tech Growing hub for forward-thinking tech companies and start-ups
Clean energy Wollongong is emerging as a clean and low-carbon energy hub
Set up a business Find practical information to hit the ground running
Our economic profile Statistics covering our economy and workforce
Our precincts Explore Wollongong's business precincts
Our business networks A list of business groups, networks and meetups
Finding real estate Discover our commercial, industrial and residential options
Economic development The plan for our city between now and 2029
Registering a business Tips and links to set up your business here
Case studies Hear from the experience of business people who live and work in Wollongong (and love it).
How we can help Find out the various ways we can help you and your business
Business case development Assistance with developing your business case for Wollongong
Creating connections We can help you meet the right people in the right places
International team Reach out to our colleagues in your country
Incentives and programs Information about the incentives and programs to support your move

Incentives & Programs

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Incentives, grants and programs for businesses

Invest Wollongong can provide you with advice on the various grants, incentives and programs available to businesses who are in Wollongong or planning to move their organisation here.

Below are some of the programs that we can help you with — including providing advice and assisting with applications.

State Government Grants and Programs

  • Boosting Business Innovation Program (BBIP) — this program can give Wollongong based businesses with access to research organisations, such as the University of Wollongong, with the objective to help with economic growth.
  • TechVouchers — organises research collaboration between SME’s in NSW and BBIP delivery partners. The Advantage SME initiative at our city’s very own University of Wollongong is a part of this program.
  • Minimum Viable Product Grant – designed to support promising startups with the funds needed to progress from a proof of concept stage to a minimum viable product.
  • Business Connect — provides tailored and dedicated advice to help you start or grow your small business in Wollongong.
  • Easy to do Business — a free NSW Government program to assist new businesses navigate the process of establishing or help existing businesses to expand.

To view the full list of incentives, grants and programs available visit the Invest NSW, the Federal Government website or Austrade’s export grants website.

“UOW has a steel hub, which is a research institute or part of a research center that we use for our R&D and our R&D team integrate very closely with the UOW.”

— Justin Suwart, Business Manager, Bisalloy Steels

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Australian Government Grants and Programs

  • Research and development tax incentive — an initiative by the Australian government to stimulate Wollongong businesses to invest in research and development (R&D). Tax offsets are available of 38.5% or 43.5% for costs that are incurred on eligible activities.
  • Business.gov.au — this website gives scale-ups and businesses a large list of all grants and support programs to help your business grow in Wollongong. It also provides local businesses with advice on compliance with government requirements.
  • Entrepreneurs’ Programme – this unique program connects experienced business advisers and facilitators from local and international industry with Wollongong businesses with the objective to analyse the current state of the business, and give the best advice and support to improve competitiveness, productivity and to seek new growth opportunities.

What to explore next

Joining a business network

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Key opportunities