ET1.1.1 - Deliver actions to generate $70 million of investment and 500 local jobs by promoting the City of Logan.
Purpose: Increase local jobs and stimulate economies.
In the fourth quarter investment announcements to the value of $7.4 million were recorded in the industrial tools supply and manufacturing industries.
The annual total investments recorded was over $229 million from 19 separate projects far exceeding the annual target of $70 million. These investments included projects in the healthcare, transport and logistics, manufacturing, office, retail and speculative construction industries.
As a result of these investments 449 new jobs were created and 311 jobs were retained in the city, exceeding the annual target of 500.
ET1.2.1 - Deliver 15 business-relevant workshops for businesses in the City of Logan.
Purpose: Build the capacity of the local economy.
In June two business workshops were delivered bringing the yearly total to 26, far exceeding the annual target of 15.
Three joint Chambers of Commerce events were hosted bringing guest speakers, Steven Bradbury, Robyn Moore and Angry Anderson to Logan.
Four seminars were delivered in partnership with Griffith University as part of their Entrepreneurship Series and five digital marketing workshops were delivered as part of Council's economic recovery activities.
A month long program of over 40 events was hosted or supported by Council during Small Business Month in May. Highlights include a Supplying to Council: what you need to know event, the Logan Manufacturing event, joint Chambers of
Commerce and Logan Office of Economic Development networking night and the Tourism networking night.
The Logan Office of Economic Development also hosted the State Budget Breakfast which attracted 150 registrations.
ET1.4.1 - Deliver two investment attraction events in the City of Logan.
Purpose: Attract investment and local jobs.
One investment attraction event was delivered in the fourth quarter in conjunction with the State Treasurer to understand current issues and what government can do to help businesses.
The annual target of two investment attraction events was met, the first being a Tech round table held in the second quarter.
ET2.1.1 - Prepare for Council Endorsement a new Economic Development Vision and Strategy for the City of Logan.
Purpose: To attract investment and provide a framework for the community, businesses and investors in the city.
As at the end of the fourth quarter, planned activities for the preparation of the new strategy were achieved, with a draft prepared.
After review of the draft strategy, significant changes to the document were requested. A revised draft is now under review and it is anticipated that a Councillor briefing presentation will be made for the 10th August.
ET2.3.1 - Plan and deliver the city's first innovation hub (coLab).
Purpose: Support entrepreneurship, scaling businesses and capability uplift. Attract investment and highly skilled jobs to the City of Logan.
As approved by Council (10/11/2020) a Heads of Agreement has been executed with GO1 to take up a tenancy at the existing Go1 global headquarters at 2904 Logan Rd, Underwood. Subsequently a licence agreement with GO1 to occupy the space has been executed. The Expression of Interest for Portfolio Company selection was advertised' subsequently three Portfolio Companies were selected as the first cohort for the coLab. The coLab Advisory Board has met monthly and additionally to provide advice and recommendations on the selection of Portfolio Companies. The coLab was launched on Friday the 26th of March with a significant number of key stakeholders in attendance.
ET2.4.1 - Develop a combined "Think Local, Buy Logan" social and local marketing campaign.
Purpose: To increase social and local spend in the city.
The 'Think local, Buy Logan' internal campaign objectives have been delivered.
An animated video was distributed to all staff by Council's A/Chief Executive Officer to provide awareness and education about best value decision making, supported by the Local Buy Policy.
To demonstrate Council's commitment to proactively supporting local businesses local benefits, amendments to the current Buy Local Policy have been adopted. This includes increasing opportunities for best value decision making that creates new jobs and upskills our workforce, with an advantage to businesses who demonstrate a commitment to local development growth and initiatives.
There will now be a shift to target the campaign externally with communication, media and marketing plans developed to deliver a Supplier engagement and network session.