NSW hosts the largest and most diverse range of cyber security providers in Australia, with significant capability and jobs footprint.
With annual revenue in the Australian cyber security sector forecast to hit $6 billion by 2026, the NSW Government has created the NSW Cyber Hub to supercharge the sector’s growth. Its programs include the NSW Cyber Business Exchange that connects businesses to the local cyber security ecosystem. An accelerator in residence initiative is open to international applicants and designed to attract new participants to NSW.
NSW is expanding our talent base by encouraging school students to enter the sector, strengthening the skills of higher education students and subsidising cyber businesses hiring new entrants.
Seven of NSW’s 11 public universities have dedicated cyber research capabilities, nurturing talent and building the knowledge needed to ensure NSW stays at the forefront of the ever-evolving cyber threat.
Australia is 8th on the Global Cyber Safety Index – ranking lowest risk from cybercrime
Australia is forecast to spend $7.6 billion on cyber security in 2024
43% of Australian cyber security businesses export globally
40% of Australia's cyber workforce live in NSW
200 plus cyber security businesses are based in NSW
$240 million allocated to boost the NSW Government's cyber security resilience
NSW Cyber Hub
The NSW Cyber Hub, established under the 2021 NSW Cyber Security Strategy, is committed to growing cyber businesses in NSW, driving investment, building the future talent pipeline and supporting innovation and R&D.
Access the NSW program of events, mentorship, and tailored support for promoting NSW cyber businesses.east
The AIR will create top-tier cyber tech startups and accelerate the growth of cyber scaleups, boosting innovation and job creation in NSW.east
To grow the future skills pipeline, industry experts are raising cyber security career awareness through outreach to schools, communities, career advisors, and education and training providers.east
Supporting your move to NSW
Investment NSW connects businesses with a range of services and incentives available to businesses looking to grow.
Grants, rebates, programs and incentives
Investment NSW offers bespoke services to businesses looking to build a presence within NSW.
The team at Investment NSW provides tailored advice on grants, rebates, programs and other incentives your business may be eligible for.
Site identification and development
Whether you need a high-tech lab, an advanced manufacturing facility connected to a university or a greenfield site in regional NSW, we can assist.
We can work with you to establish a presence in a precinct or collaboration area suited to your needs.
In collaboration with the NSW Department of Planning, Industry and Environment, we provide services to help you find the right accommodation:
- determining the type of accommodation to best meet your businesses requirements
- advice and support regarding opportunities available on Government land (both long and short term)
- support navigating the planning process.
We can provide tailored information and data, including market intelligence, on our priority sectors.
Connections and introductions
We can introduce you to stakeholders who can support your growth objectives. This may include connecting you to:
- corporate partners
- business chambers
- industry associations
- technology precincts
- research institutes
- government agencies.
We offer curated introductions and virtual visit programs to help you identify local partners, distributors, industry stakeholders and service providers.
Asia-Pacific growth advice
Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia. We can help you identify opportunities to expand in the region.
Visa and Skilled Migration support
Our Business & Skilled Migration Program is highly supportive of NSW’s growing tech industries and precincts. The program attracts new and emerging digital technology capabilities and skills, provides visa and migration advice to businesses, and nominates high potential migration candidates to live and work in NSW.
These initiatives have spurred the growth of digital technology businesses across the state and are available to all organisations considering investment opportunities in NSW.
Contact Investment NSW us today to find out more about investment opportunities in New South Wales.
Our newsletter, the NSW Cyber Connect, is the best place to stay up-to-date on cyber security funding programs, international missions, industry consultations and events.
Last updated: 1 June 2022