The Polaris Centre LGA Presentation 2 October 2014

Salisbury’s Economy

Strategic Context Innovation Industry Development InvestmentIntelligence Connecting entrepreneurs and innovators with world class technology, research networks and local expertise Growing local businesses, strengthening priority industry sectors and supporting emerging industries Attracting new business investment, supporting reinvestment by local firms and promoting investment in human capital and knowledge creation Digital training, smart cities, technology transfer, future trends and opportunities A PROSPEROUS, JOB CREATING ECONOMY

Integration Benefits

Services Entrepreneurship – Business Fundamentals – New Entrepreneurs Program Business Growth – Mentoring & Coaching – Digital Enterprise – Business Advice – Manufacturing Liaison – Location support

Services Innovation & Research – University to business linkages – Northern Business Research Partnerships – New horizons seminars Networking – Major events – Business Women’s Network – Northern Adelaide Business Breakfasts

Customer Feedback

Funding Model Financial input from a range of partners Key issues: – Operational funding – Short term funding to address long term issues – Compliance costs – Service continuity

Ten Key Learnings 1.Regional approach brings scale 2.Staff need a unique mindset and attitude 3.Someone bears the risk 4.It’s all about partnerships, but be flexible – the agenda of others can change frequently 5.Don’t lose sight of your strategy - it’s a long game, not a short one 6.Position for independence but integrate back into Council 7.The role of Elected Members as champions 8.Separate branding is a benefit…and can be a curse 9.No business should fail through lack of information 10.Celebrate the wins