A New Zealand company is moving operations to the University of the Sunshine Coast, after winning a global competition to bring business to Moreton Bay.
Pultron Composites has won City of Moreton Bay's $1 million Ultimate HQ headquarters package, a competition created in partnership with UniSC to attract ambitious companies looking to grow.
The prize includes five years free rent for a headquarters space, $250,000 fit out contribution, and professional support from competition partners BDO, Constant Contact, K&L Gates, Telstra, Westpac and Innovate Moreton Bay.
UniSC Vice Chancellor and President Professor Helen Bartlett said the company would also benefit through collaborations and co-location with the University.
"By being based at the Moreton Bay campus, the winning business will have access to researchers and experts, plus facilities to help with business development and innovation, while our students will also benefit from the opportunity to network with industry and learn about employment opportunities," Professor Bartlett said.
Pultron Composites is a long- established advanced manufacturer specialising in corrosion resistant composite technologies. Its Mateenbar™ glass fibre reinforced polymer rebar is used in major infrastructure projects internationally, contributing to lower carbon, longer life construction solutions.
A spokesperson for Pultron Composites said the company was excited to establish its new headquarters in City of Moreton Bay.
"Winning the Ultimate HQ is an incredible opportunity. The Investor Safari gave us a genuine feel for the innovation ecosystem and growth momentum in the city," they said.
"We're looking forward to building here, partnering with UniSC, and tapping into the region's strengths and opportunities."
Mayor Peter Flannery said the result showcases a city committed to attracting high value industries and supporting globally ambitious companies.
"The calibre and diversity of companies we welcomed as part of Ultimate HQ shows City of Moreton Bay is fast becoming an investment destination of choice in South East Queensland," Mayor Flannery said.
"This competition pairs our great lifestyle and location with serious economic ambition, a strong education partner, and a business community that collaborates to create high value local jobs."
The Ultimate HQ initiative is part of Council's broader investment attraction program to boost high skill job creation, deepen industry research collaboration, and support companies ready to scale from City of Moreton Bay.
The finalists spent five days on an "Investor Safari" in City of Moreton Bay, meeting business and industry stakeholders, UniSC researchers and civic leaders, including a unique Beach Boardroom experience on Bribie Island.
The program showcased City of Moreton Bay through experiences including the innovative "Beach Boardroom" at Bribie Island, tours of local industries and facilities, and finalist pitches to judges from Council, UniSC and competition partners.
The competition attracted entries from six countries, reached more than six million people and represented a field of applicants worth over $500 million in potential capital investment and 1,000 prospective jobs.
