EDA Journal Vol 10. No.2 Spring 2017 | Page 13

ECONOMIC DEVELOPMENT QUARTERLY Act SA) with a new branded focus on an innovative business support service through greater business activation and stronger partnerships. The ON Business Partner Program (ON) is the culmination of extensive engagement in 2016 between the Southern Adelaide business community and the City of Onkaparinga. Originating from the new economic landscape that emerged from the closure of car manufacturing in Adelaide, ON provides support services to businesses across all business life-cycles, particularly helping the many micro-businesses that dominate the local business mix (70% of businesses). Recognising that many home-based, micro and SME businesses did not have the capacity to hold all business capabilities and facilities in- house, a robust structure was developed, along with a brand for Council’s economic development activities. This ON brand has opened doors to new relationships with investors, decision makers, state and federal governments, and other stakeholders; in turn stimulating greater growth for our business community. FINALIST WOLLONGONG CITY COUNCIL “Advantage Wollongong” Advantage Wollongong represents a best practice approach to regional economic development. It is a long-term, strategic approach to creating sustainable new jobs and productive investment for Wollongong, NSW. This is achieved through facilitating new business investment projects and the expansion of existing business operations. This collaboration aims to promote Wollongong on a national scale and takes advantage of its close proximity to Sydney and its global position. Advantage Wollongong represents a collaborative partnership between the NSW Department of Premier and Cabinet, Wollongong City Council and the University of Wollongong. As part of its business attraction and expansion program, Advantage Wollongong promotes four key advantages that make Wollongong a competitive business location: globally connected, superb liveability, City of Innovation and supportive business environment. Advantage Wollongong currently targets four key growth sectors: 1. Knowledge services (superannuation, ICT, business services and financial services); 2. Advanced Manufacturing; 3. Trade and Logistics; and 4. Defence. Advantage Wollongong has resulted in significant outcomes in terms of business investment projects facilitated and new jobs and investment generated. To date, Advantage Wollongong has facilitated over 2,700 new jobs for Wollongong, through over 80 business attraction and expansion projects. One of Advantage Wollongong’s most recent major achievements was attracting NEC to Wollongong to set up a new corporate office. This $25M investment in Wollongong has seen an additional 130 FTE jobs for Wollongong, which REMPLAN modelling estimates has contributed $59M to the local economy per annum. ECONOMIC DEVELOPMENT STRATEGIC THINKING WINNER MORETON BAY REGIONAL COUNCIL “Redcliffe Peninsular Rail Corridor” Moreton Bay Region is one of the fastest growing areas in Queensland and has been experiencing significant population growth over the last decade. Moreton Bay Region’s population is expected to continue to grow from its current 425,302 t o over 618,000 by 2036. The Redcliffe Peninsula Rail Corridor (RPRC) is an important and critical growth area of the Moreton Bay Region, with roughly half of the aforementioned growth predicted to occur within the RPRC over the next two decades. The significant growth within the region requires a deliberate and considered response by council to ensure that it can be accommodated by utilising and maximising employment and investment opportunities within the corridor. In order to ensure this growth and investment potential is met, Council has created an innovative and unique interface in which to engage potential investors. The RPRC Investment Prospectus is an innovative online, interactive portal that highlights investment opportunities within the RPRC. The Investment Prospectus utilises 3D fly-throughs and interactive mapping platforms to highlight and showcase potential investment and development opportunities, as identified in the Investment Attraction Study (IAS) and the Moreton Bay Regional Council (MBRC) Planning Scheme. Targeting investors, the Investment Prospectus identifies key statistics such VOL.10 NO.2 2017 | 13