2016-11-08 Services & Organisation Committee Agenda

                               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 Support
                               Anecdotally, 40% of small businesses fail in the first four years of 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 partnership
businesses and stable          with local businesses, business representative groups and organisations, as well
                               as government agencies. These stakeholders will operate in a variety of roles
employment opportunities
                               according to their area of interest, their expertise and the available tools.
with a focus on those that
export products and services   How:
outside of the Noosa Shire
and that operate in priority   Actions to achieve the enterprise support objective will:
industry 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.




                                                                               Noosa Shire | Local Economic Plan | Page 27