The Sunshine Coast, in particular the Kawana region, is planned to transform into a $5.3 billion world class destination. The Kawana region will contain within it a multi-billion dollar Health Hub and Sunshine Coast Health Campus. ” A vibrant 24/7 precinct that will become one of the most vital health and medical research districts anywhere in Australia” .
Alongside this transformation, the growth across the Sunshine Coast region is predicted to be higher than growth in either Brisbane or Australia as a whole with an anticipated 7,965 residents settling in the region each year over the 20 years to 2036.
The Ripple Effect Project recognises that there are small business opportunities linked to the Sunshine Coast University Hospital and Health Precinct that may not be necessarily identified or recognised by potential and existing small business operators and other stakeholders.
Apart from the increase in the more obvious “hospital-linked” services (chemists, ancillary services etc), there will also be an increase for small businesses in a wide range of areas. Florists, higher end car dealerships, health and fitness, specialised tourism including adventure tourism.
Some opportunities will link with economic and regional development strategies including the high value industries, start-up and high growth-knowledge intensive firms, tourism, sport and leisure. We also anticipate an increase in child-care, early childhood education, day-care centres as well as banking and finance services.
The Sunshine Coast Business Collaborative (the Collaborative) was established by Kawana Chamber of Commerce, Working Visions Australasia Pty Ltd (a corporate partner of CCIQ Sunshine Coast), and Kimberly Lynch, in partnership with various business associations, local government and Chambers, to facilitate the capitalisation of the opportunity that presents itself from the future Health Hub and Health Campus.
The Sunshine Coast Business Collaborative is leading the charge to enlighten business about the ripple effect stemming from the Sunshine Coast Health Precinct. The aim of the Collaborative is to support and facilitate small business growth generated through the Ripple Effect caused by the Health Hub and Health Campus. Working through a staged process the Collaborative will assist in identifying and supporting new and emerging “healthy” business potential across the Sunshine Coast.
With the completion of the communications plan earlier this year, it was recognised that there was a need to give more detailed information around the business opportunities linked with the new Sunshine Coast Health Precinct.
As such, two workshops were held in July at Best Western Plus, Lake Kawana Hotel Conference Room, Birtinya. Each session was facilitated by Pam Wardner who was joined by three speakers.
These workshop sessions assisted participants to gain a greater understanding for the demographical changes of the area, supply chain opportunities including horizontal and vertical integration and entry points were discussed and the barriers that might be found when looking to expand into this market were identified.
We thank our partners, Regional Development Australia and Sunshine Coast Council for their support of this project.
If you would like further information about the project and/or would like to be involved, you can contact Linda Delamotte.