2021-12-13 GC Agenda - Item 9 - Attachment 1 - Draft Economic Development Strategy 2021-2030

5.5. Economic Growth Enablers (Summary)

Traditional Economic Development Strategies outline a Sector based approach to delivering
economic growth and specific industry development. This strategy takes a different approach.
The focus is on economic growth enablers and the philosophy that bold leadership, strong
business ecosystems, investment in enabling infrastructure and a culture of entrepreneurship are
the very foundation of a strong, healthy and resilient local economy.

Our Economic Growth Enablers:



                     Bold Leadership
                     Demonstrate bold leadership in economic development to drive a continued focus on
                     the future that positively impacts on the local economy



                     Empowering Ecosystem
                     Strengthen and deepen existing and emerging business ecosystems in
                     technology and future focused sectors, where a specialisation and competitive
                     advantage exists to drive sector and business development that delivers
                     employment


                     Enabling Infrastructure
                     Develop initiatives and opportunities for collaboration with the aim of
                     influencing the development and redevelopment of key business and industry
                     sites across the shire to deliver high value employment opportunities in future
                     focused industries, and attract investment and talent

                     Encouraging Entrepreneurship & Innovation
                     Support entrepreneurs on their business development journey through
                     targeted programs that connect SME’s to support and services, provide
                     easy access to business information, Council and other government
                     services, and connections to business ecosystems




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