NSW Government set to secure equity in SMEs with ‘good ideas’ using new $150 million fund

By James Harkness · 17 October 2017 · Featured

NSW Government set to secure equity in SMEs with ‘good ideas’ using new $150 million fund

NSW Government Unveils $150m Plan to Back Top Small Businesses

The NSW Government is set to invest in the state's top-performing SMEs with a new $150 million equity fund. But what does this mean for local businesses and the economy?

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Summary

The NSW Government is establishing a $150 million equity fund to allow it to ‘buy a stake’ in top performing businesses across the state, Deputy Premier John Barilaro has announced. Barilaro said the GO NSW Equity Fund, which is being established in partnership with First State Super, would see the Government take an equity […]