The state government has allocated $2 million for a new co-working space in Karratha to promote small business and startups in the area.
Regional Development Minister Terry Redman said the Karratha Enterprise Hub, funded by the state government’s Royalties for Regions program, would be a vibrant and innovative co-working and business support centre, with an aim of minimising barriers to entry for new startups.
“The Pilbara currently has less than half the number of businesses per capita compared to the WA average, with the local economy dominated by the resources and construction sector,” Mr Redman said.
“A healthy and thriving small business sector is essential to the diversification of the Pilbara and will contribute to an improved quality of life for residents.”
The hub will incorporate co-working areas, incubation suites, meeting rooms and space for business and community events.
It will be able to cater for up to 25 businesses in the co-working space.
“The enterprise hub will enable entrepreneurial ideas to become reality and facilitate the growth and expansion of existing small businesses, which supports the small business priority pillar of the Pilbara regional investment blueprint,” Mr Redman said.