Innovation for better profits
INNOVATION is something many small business operators do as a matter of course without even realising that it is happening, while with others it takes a great deal of planning and effort.
Gympie Regional Council together with the Australian Institute for Commercialisation (AIC) is bringing the Innovation Coaching program to Gympie on Wednesday, May 19.
AIC Innovation Coach Scott McNeil, will be presenting information about the program and will also be available to meet with businesses and discuss assistance and information available to help with the development of new ideas and products.
Gympie Regional Council Mayor Ron Dyne said the Innovation Coaching program was a joint initiative with the Queensland Government Department of Employment, Economic Development and Innovation.
Cr Dyne said the program, through the Innovation Coaches, assisted small to medium companies throughout regional Queensland to be more innovative.
Innovation Coaching consists of coaching clients to help them identify the best opportunities and solutions for their specific needs, mentoring by providing the client with a wealth of experience gained by the AIC in working with hundreds of clients and referrals through AIC’s extensive networks so that the client has access to the best expertise.
“Areas where Innovation Coaching can assist small to medium enterprises include commercialisation of products and services, product development, market research expertise and business model innovation,” Cr Dyne said.
The Innovation Coaches have worked with many companies throughout Queensland in assisting them to grow and increase profits. The main criteria for being part of the Innovation Coaching program are $1M turnover, a Queensland registered company and the commitment to work with the Innovation Coach over six to 12 months to identify key areas for assistance, develop an innovation plan and implement the plan.
Businesses in the Gympie Region who would like to find out more about the program or who would like to arrange an appointment with are encouraged to contact Gympie Regional Council’s Economic Development officer Lynne Wilbraham on 5481 0744.