The Gold Coast is more than just sun and sea – it's a business mecca

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 88 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

From spacecraft to artificial hearts, why the Gold Coast is Australia's new hub of innovation cityofgoldcoast ad

is welcoming this new wave of tech with open arms, offering generous incentives including"up to $2.5 million in cash rebates for capital investments, up to 10 percent reimbursement of operating expenditure, and up to $10,000 per eligible employee or job created, plus a range of non-financial assistance packages".

Sunshine and rebates, while nice, aren't the only factors driving big businesses and start-ups to Australia's sixth-largest city. Today,, creating a working culture of entrepreneurship and youthful ambition. Combine this with the fact that the city has one of the largest education sectors per capita in the country, and you get a city-sized Petri dish of innovation and talent.

Gilmour Space Technologies is one such company drawn to the city. From a big warehouse on the Gold Coast, the rocket manufacturer acts as a"bus to the stars", transporting satellites from the earth's surface to orbit. It's nowThe founder of Gilmour Space technologies, Adam Gilmour, is part of a new, exciting wave of private company-led space exploration, headlined by the likes of Elon Musk's SpaceX, Jeff Bezos' Blue Origin, and Richard Branson's Virgin Galactic.

A little closer to planet earth, Gold Coast firm Ryan Aerospace is making international waves, having recently secured"a series of contracts to supply nearly 300 jet fighter and helicopter training simulators to the US Air Force as part of the new program known as 'Pilot Training Transformation' ,"The firm, based in the Gold Coast suburb of Nerang, is seen as"a pioneer in the development of a new generation of flight training devices that leverage virtual and mixed...

Perhaps one of the most prominent examples of the Gold Coast's tantalising allure to big business has been the recent move of Texas medtech giant BiVACOR, who now calls the Gold Coast home, along with recent movers Dutch blockchain company Tymlez, and surgical laser company Precise Light Surgical from the San Francisco Bay area .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines