The NSW Government, through the NSW Department of Industry and the NSW Department of Finance, Services and Innovation is launching the Smart Skilled & Hired Youth Employment Innovation Challenge.
The Innovation Challenge will offer up to $10 million to fund innovative solutions and ideas and will involve a pitch event and incubation process, where successful projects undergo business-ready training with an experienced incubation partner.
Youth unemployment remains a persistent issue, particularly as unemployed youth form a large proportion of the total unemployed population. Regional youth unemployment rates remain high across New South Wales, with a number of regions recording unemployment rates above the State average.
NSW Government is seeking innovative projects that investigate, design and implement ways of helping young people aged 15-24 years old, who might be experiencing multiple and complex barriers, to find work. They are looking for seed ideas, scale-ups or projects which can be replicated in another region.