Queensland Government backs $1 million project to drive Moreton Bay region job growth

The Palaszczuk Government is backing a $1 million collaborative project to build an innovation ecosystem boosting job growth and business opportunities in the Moreton Bay region.

Acting Minister for Innovation Coralee O’Rourke said today (Friday, 13 October) the government will support the project, driven by Moreton Bay Region Industry and Tourism (MBRIT), with funding of $500,000 over three years through its $6 million Advancing Regional Innovation Program (ARIP).

The government funding will be matched by five partners: Regional Development Australia Moreton Bay, Moreton Technology Alliance, North Lakes Chamber of Commerce and Industry, Samford Commons and Narangba Innovation Precinct.

“Under ARIP, the Palaszczuk Government is supporting innovative businesses and communities across Queensland in a statewide commitment to boost innovation and entrepreneurship and empower the regions,” Mrs O’Rourke said.

Member for Redcliffe Yvette D’Ath said the collaborative project will be an important economic boost to the region.

“It will encourage local entrepreneurs, consumers, business leaders and key industries to embrace new ideas, and work together to create new opportunities and jobs,” she said.

Member for Morayfield Mark Ryan said MBRIT will start the three-year project by undertaking an audit to discover the region’s innovation-based gaps and identify future opportunities for job growth.

“There are great opportunities to be had in a region the size of Moreton Bay, particularly with the smart businesses that will grow alongside the development of The Mill at Moreton Bay, which will be home to a 10,000-strong university campus by 2030,” Mr Ryan said.

Member for Ferny Grove Mark Furner said the project will focus on enhancing the level of entrepreneurship and innovation in the region.

“Another priority will be attracting investment in infrastructure which will hopefully be a catalyst to accelerating growth, business and jobs,” Mr Furner said.

Member for Murrumba Chris Whiting welcomed today’s announcement.

“The Moreton Bay Region is one of the fastest growing in Australia, both by population and economically, and this program will enhance this growth and promote the creation of knowledge-based employment required by its residents.”

Member for Pine Rivers Nikki Boyd said the program represents an important cross-fertilisation of ideas and opportunities that will benefit the region.

“The Palaszczuk Government understands the future of our economy lies in ideas, innovation, creativity and driving entrepreneurialism,” she said.

Member for Kallangur Shane King said the Palaszczuk Government’s ARIP is supporting growth by strengthening the capabilities of innovative businesses.

"The funding and program will enable our local entrepreneurs, business leaders and key industries to collaborate more closely with government to harness innovation, and prepare Queenslanders for the jobs of the future", he said.

Member for Pumicestone Rick Williams said the Moreton Bay ARIP was one of twelve being funded by the Palaszczuk Government.

“This government is providing matched funding of up to $500,000 to not only this region – but to another 11 – to drive growth by fostering innovation and strengthening the capabilities of regional businesses,” he said.

MBRIT CEO Shane Newcombe said local businesses will gain valuable mentorship and guidance to capitalise on the region’s record population and economic growth.

“Not only will ARIP funding provide tangible support, it will also send a powerful message to industry that the business sector, council and the state government are working together to create opportunity and drive our regional economy forward with plenty of innovative ideas.”

Moreton Bay Regional Council Mayor Allan Sutherland said ARIP will help grow the region’s burgeoning innovation and business sectors.

“The Mill at Moreton Bay priority development area features a major new University of the Sunshine Coast campus at its heart that is expected to open in 2020, and surrounding innovation, business, sport and recreation hubs which are forecast to generate up 6000 local jobs, 10,000 university student placements and $950 million in economic benefit,” Mayor Sutherland said

Regional Development Australia Moreton Bay Executive Officer Andrew Quain said the Moreton Bay ARIP will have the key themes of investigate, innovate and integrate.

Visit the Advancing Regional Innovation Program (http://advance.qld.gov.au/small-business/advancing-regional-innovation.aspx) for more details on ARIP, or contact MBRIT CEO Shane Newcombe on 0407 288 200 or via shane.newcombe@mbrit.com.au.

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