Investment in innovation

Published 2:42pm 8 March 2022

Investment in innovation
Words by Moreton Daily

Innovation and entrepreneurs across the Moreton Bay Region have been given a boost with the announcement of a new $300,000+ Council-funded innovation program.

The revised Innovate Moreton Bay program will support the Moreton Bay Region as it strives to become a top 10 regional knowledge and innovation hub as outlined in the Regional Economic Development Strategy (REDS).

Existing businesses and entrepreneurs will be encouraged, and bright young minds will be nurtured under the updated program.

Mayor Peter Flannery says the significant council investment was another milestone on the one-year anniversary of the Regional Economic Development Strategy (REDS) and will contribute to Council’s bigger, bolder, and brighter future.

“We have bold plans to grow the local innovation ecosystem so that we better connect our industry and support our locals to become and connect with world class talent,” Mayor Flannery says.

Businesses and young entrepreneurs will be able to access specialist innovation and growth services via a dedicated Regional Innovation Co-ordinator (RIC) as well as attend specialist events to help develop valuable skills and connections.

Moreton Bay Region Industry and Tourism (MBRIT) CEO Shane Newcombe says he is “proud of the Innovate Moreton Bay brand and the community of volunteers and collaborators that have contributed to the growth of the local innovation ecosystem over the past four years, getting the program to this new phase of growth.”

Support will be delivered to early stage technology companies, as well as medium to large scale companies seeking specialist innovation support.

Young entrepreneurs will be a key focus and will complement Council’s recent investment in the new Mayor’s Telstra Innovation Awards, open now for Years 9 to 12.

For more information visit the website and follow #TeamMoretonBay and @InnovateMoretonBay on social media.

Investment in innovation

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