An Aboriginal-owned oyster farm business in the Goulburn Islands is growing 90,000 black lip oysters as well as jobs and a future for local youths.

The farm was developed by Warruwi elders nearly a decade ago who wanted to provide jobs and, in turn, make sure their young people had work on the island.

The Northern Territory government has assisted the farm by providing baby oyster spats. In addition, staff from Primary Industry and Resources are helping set up the farm.