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Territory Growth Initiative

The Territory Growth Initiative (TGI) provides access to financial support for eligible high-growth potential businesses, to help establish or expand operations and for projects that may not otherwise be able to readily access capital in the Northern Territory.

The TGI aims to:

  • build a skilled workforce
  • support business growth
  • unlock economic activity
  • accelerate enabling infrastructure-led projects.

The initiative is responsible for administering:

Support available

Collaborative Investment Program

The Collaborative Investment Program supports businesses and projects:

  • to bridge the gap between feasibility and investment ready or
  • establish or expand operations in the Northern Territory.

Amount

Concessional loans and equity investments of up to AU$10 million on a co-contribution basis.

Eligibility

Businesses applying must:

  • be in the energy, defence, agriculture, mining or tourism sectors
  • demonstrate they can contribute to the objectives of the TGI
  • demonstrate commercial viability, high growth and local job creation potential
  • sound governance, management and operating systems in place
  • registered for corporate tax purposes in Australia.

The funding will not support applications requesting assistance with:

  • working capital or business-as-usual capital requirements
  • refinancing of existing debt
  • payment of taxes or fines
  • payment of dividends to shareholders
  • property development for on-sale or on-leasing.

Territory Infrastructure Loans

Delivered in partnership with the Northern Australia Infrastructure Facility, Territory Infrastructure Loans support the development and expansion of enabling infrastructure, employment and economic growth in Northern Australia, while committing to improving outcomes for Aboriginal Territorians.

Amount

Loans of up to AU$10 million

Eligibility

Funding sought can be for an approved purpose being tangible growth capital expenditure.

The funding will not support applications requesting assistance with:

  • refinance of existing debt
  • acquisition of land or shares
  • working capital or operational business expenses including re-stocking of inventory
  • funding equity distributions.

Paspalis Co-Investment Fund

Delivered in partnership with the Paspalis Innovation Investment Fund, the Paspalis Co-Investment Fund supports companies that have a distinct presence in the Northern Territory and are looking to grow, expand and create new jobs by investing in innovative Territory ventures looking for funding to accelerate business development and growth into national and global markets.

Amount

Investment of up to AU$5 million

Eligibility

Businesses applying must:

  • be in focus industries such as:
    • energy and resources
    • defence
    • agriculture, or
    • tech sectors
  • have a significant presence or plan to establish in the Northern Territory
  • be engaged in high-growth ventures that create an economic advantage to the Northern Territory.

How to apply

  • Step 1 - Download and read the policy guidelines that best fit your business case PDF (373.9 KB)
  • Step 2 - Ensure your business case considers how your project can realise meaningful outcomes in alignment with the Territory Benefit Policy.
  • Step 3: Contact the Territory Growth Initiative team
  • Step 4: Seek independent advice and develop a submission
  • Step 5: Attend a pre-submission meeting with the Territory Growth Initiative team
  • Step 6: Make a submission.

Contact

Territory Growth Initiative
Department of Trade, Business and Asian Relations
Phone: +61 8 8999 7900
Email: tgi.dtbar@nt.gov.au

Page last updated 23/02/2026

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