Together with all the winners and finalists of the Gold Coast Young Entrepreneur Awards, Superdraft Pty. Ltd. secured a competitive business edge from the city government.
Gold Coast has a Buy Local Procurement Policy, which means that the government will only seek offers for contracts worth less than $200,000 from Gold Coast businesses or businesses with offices in the city.
'(It) gives Gold Coast businesses a leg up, not a handout, providing ongoing benefits to families by keeping jobs and profits on the Gold Coast and the local economy prosperous and competitive,' says Gold Coast Mayor Tom Tate.
According to him, this policy will encourage interstate and international businesses to expand or relocate their branches and headquarters to the city.
In addition, recipients and finalists of the Gold Coast Young Entrepreneur from 2012 to 2016 will receive an extra 2% advantage. It also increases the value of the award.
The Gold Coast Young Entrepreneur Awards, an initiative of Business News Australia, is now in its 10th year with many of the previous winners now considered mainstays of the Gold Coast's business establishment. Superdraft Pty. Ltd. was recognised by this award-giving body in 2015 and 2016.