Corporate Business Plan: 2024-2028

OUR ECONOMY

Objective: Encourage economic investment

A smart and prosperous City

The City is proud of its current economic profile and we will work hard to advocate and partner with key stakeholders to promote the City’s investment potential. The City will encourage economic investment to create a diverse mix of industries to attract and establish next-generation jobs and businesses. Our planning frameworks will be used to support investment and urban regeneration.

Strategy: How will we get there? • Attract and promote investment and partnership opportunities • Advocate, lobby and partner with stakeholders to benefit the community.

Key informing frameworks and plans • Economic and Tourism Development Strategy • Local Planning Strategy • Local Planning Scheme and Policies.

Services Main service

Sub-services

FTE

2024/25 net service cost

4.00

$1,060,805

Economic Development

• Tourism promotion and event attraction • Small business support • Business attraction to enhance economic capacity • Advocacy to local business

Other contributing services Arts & Events, City Future Projects, Executive Services and Planning Services

Projects

2024/25

2025/26

2026/27

2027/28

Investment Attraction

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

Develop an Investment Attraction Framework to guide future investment opportunities to highlight the competitive advantages of investing in the City of Stirling

Q1 Project scope developed Consultant appointed Q2 Stakeholder engagement commenced Q3 Investment Attraction Framework presented to the Executive team Development of prospectus commenced Q4 Promotional campaign completed Draft prospectus completed

2024/25 budget

$75,000

27