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2015-12-14 General Committee Agenda Attachment 1 to Item 3 Noosa Shire Economic Plan

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                               Who:



      8
                               On trend with the rest of the nation, Noosa’s business community
                               predominately consists of micro and small businesses that clearly
                               make a substantial contribution to the local economy:

                               89.6% of businesses in Noosa are classified as micro. This figure is
                               marginally above that of the SEQ Region and the State.
    Enterprise
                               Anecdotally, 40% of small businesses fail in the first four years of
     Support                   operation with a further 15-20% closing by year seven.

                               Census data suggests that, in 2011, just under 9% of the Noosa
                               workforce worked from home. This indicates the large number of home-
                               based businesses that operate in the Shire.

                               What:
Objective: Support the
development of strong          Projects that support enterprise development will be delivered in
businesses and stable          partnership with local businesses, business representative groups and
                               organisations, as well as government agencies. These stakeholders will
employment opportunities
                               operate in a variety of roles according to their area of interest, their
with a focus on those
                               expertise and the available tools.
that export products and
services outside of the        How:
Noosa Shire and that
operate in priority industry   Actions to achieve the Enterprise Support objective will:
sectors.
                               •   encourage the development of strong and capable local businesses

                               •   attract talented entrepreneurs

                               •   increase capacity of local businesses to export products and
                                   services beyond the Shire boundaries across priority sectors.
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