For five years it was a local business helping others get off the ground but the Gold Coast Innovation Centre is being forced to close its doors.
The State Government and Council have announced, funds have dried up.
The Centre created 170 jobs and helped around 30 businesses access more than 15 million dollars in grants.
“For us to actually know that the funding has been shut down is disappointing.”
‘We’re in the process of careful management of the existing obligations to make sure that all obligations to clients and stakeholders are met.”
The Innovation Centre will close towards the end of the year.
