INCENTIVES

The Innovation Campus offers many cost incentives to organisations looking to relocate, including:

• Commercial rents up to 50% less than those in the Sydney CBD
• Salaries that are on average 10% less than the Sydney CBD equivalent
• Greater staff retention - Wollongong businesses boast a staff turnover rate of less than 5% per annum

Additionally, the NSW State Government funds the Illawarra Advantage Fund (ILAF) which is available to organisations relocating to the Illawarra region or looking to expand their current workforce.

For further information on the incentives you may be able to receive, contact the iC office.