Hubba hubba, it’s a good idea

April 14, 2017

COULD Echuca-Moama be home to a business hub?

Committee for Echuca-Moama is seeking $20,000 under the Federal Building Better Regions Fund to investigate the possibility.

Chief executive Martin Szakal, pictured, said the project was called ‘hot desx’ and would offer a professional working environment for businesses that don’t have an office.

‘‘This project is another vital element to support business opportunity, growth, attraction and investment to our area,’’ Mr Szakal said.

‘‘There are many very successful examples of similar hubs across the state and region with many being oversubscribed by businesses wishing to participate. We envisage, and as our preliminary research suggests, there are businesses who are seeking to be involved.’’

Mr Szakal said letters of support were received from Murray River Council, Campaspe Shire, the Murray Business Network, Moama Bowling Club, Echuca Moama Tourism, Regional Development Australia Loddon Mallee and independent small businesses, who all see the value in initiating the project.

Mr Szakal said research showed businesses who participated in a collective and collaborative working environment transition faster out of the risky start-up phase sooner, have much greater business resilience, and are exposed to a ‘‘network of business opportunity’’.

‘‘Other key considerations in this project are the transitioning of businesses to the services based economy, a self-employment opportunity for students transitioning into work or those into semi-retirement, and an opportunity to retain and attract visitors who might be in need of a casual professional working space.

‘‘We are told that hub working environments will become a significant part of the future economy. Economic leaders tell us that 50 per cent of jobs or businesses that we will require in 20 years have not been invented or created yet ... so by scoping the appetite and benefits of these work spaces as they would apply to Echuca-Moama is another critical step in planning for a sustainable economy of the future.’’

The project would involve the participation of local government, industry leaders, educators, entrepreneurs and hub development experts.

If the application is successful, work will start on July 1.

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