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Sunshine Coast: The place to be: Raising entrepreneurial ventures through an ecosystem of support
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Sunshine Coast: The place to be: Raising entrepreneurial ventures through an ecosystem of support

Margarietha J de Villiers Scheepers, Erica Mealy, Michael D Clements and Anne Lawrence
2018
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Abstract

Business and Management
The Sunshine Coast is one of Australia's top ten significant urban areas, and becoming one of Australia's leading city regions of the 21st century. Projected to grow to 550,000 residents by 2040, the region has a vibrant economy, offering a superior lifestyle to residents and businesses. Significant capital investment is underway, with a new Maroochydore Greenfield city centre being established; a $1.8 billion tertiary teaching hospital opened in 2017; the Sunshine Coast Airport being expanded to deliver Australia's next international gateway; and $81 million expansion of the University of the Sunshine Coast completed in 2015. The vision for the Sunshine Coast was collaboratively determined under the Sunshine Coast Economic Development Strategy 2013-2033. Economic growth is underpinned by strong leadership, investment in essential infrastructure, fostering business growth in high-value industries, a focus beyond the Sunshine Coast's boundaries to both domestic and global markets and nurturing the talent and skills of the workforce. The recent $1 million Regional Innovation Program co-funded by Advance Queensland, the Sunshine Coast Council, Noosa Council, Regional Development Australia Sunshine Coast support the entrepreneurial community and leverage regional strengths in areas of innovations. Regions are vital to economic prosperity as innovative activity tends to be concentrated geographically, due to the social interdependencies and economic and intellectual assets within the entrepreneurship ecosystem. Entrepreneurship support from universities and government contribute to create a supportive ecosystem, where entrepreneurial activity can thrive.

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