The Local Buying Foundation (LBF) is proud to announce support for the Isaac Resource Excellence Precinct (IREP) Business Development Project, delivered by the Resource Centre of Excellence (RCOE). This strategic initiative marks a significant milestone in strengthening the Isaac region’s business ecosystem by fostering collaboration, innovation, and capability development within the resources sector and its supply chain. The project is perfectly timed to coincide with the construction of the IREP in Moranbah, ensuring that business development activities complement the physical infrastructure being established. By synchronising these efforts, the initiative will maximise opportunities for local businesses to engage early, prepare for future growth, and leverage the precinct’s facilities as they come online. This alignment creates a seamless transition from planning to implementation, positioning the Isaac region as a hub for resource-related innovation and excellence.
The IREP Business Development Project aims to create a dynamic environment where local businesses can access new opportunities, share knowledge and best practices, and build resilience in an ever-changing economic landscape. By encouraging partnerships and promoting excellence, this initiative will help position the Isaac region as a leader in resource-related business development and innovation. This funding is dedicated to supporting initiatives that build capacity, enhance competitiveness, and create sustainable opportunities for local enterprises. Through this investment, the Local Buying Foundation reinforces its commitment to empowering businesses to thrive and ensuring resource communities remain vibrant and prosperous.
By laying the groundwork for IREP’s development, this project directly supports the Resource Centre of Excellence’s broader vision to build a world-class innovation ecosystem embedded in regional Queensland. It advances RCOE’s strategic priorities by driving collaboration across the resource sector, accelerating technology adoption, and cultivating a future-ready workforce essential for the Isaac region’s economic resilience and growth. The Isaac Resource Excellence Precinct is more than infrastructure—it’s a catalyst for regional transformation. Through this partnership, the Local Buying Foundation and RCOE are creating opportunities that will strengthen local capability, foster innovation and collaboration, and deliver long-term benefits for businesses and communities across the region.