LOCAL company MAAP House has been named as one of Westpac’s 200 outstanding ‘Businesses of Tomorrow’.

The impressive line-up features businesses that demonstrate “a clear vision to shape Australia’s economy” and have the “qualities and potential” to do so.

MAAP House, which was launched last year by Bulahdelah builder Daniel Reitsma, in collaboration with architect Edward Duc, produces flat pack houses that can be built on site in just four weeks.

Mr Reitsma said the innovative approach could revolutionise the Australian building industry.

“It’s a flat pack house, put together like building with Lego. If you use the same sized pieces you can build what you want,” he said.

The concept is marketed towards first-home owners and allows buyers to add to the layout with additional rooms when they can afford to.

According to Mr Reitsma, the houses can be constructed with just a “couple of tools, one skilled carpenter and some labourers” which greatly reduces the need for trades.

“The advantages of this modern building process is that there are reduced transport costs, greatly reduced waste and the ability to use localised and renewable materials,” he said.

Mr Reitsma recently meet with the other ‘Businesses of Tomorrow’ at a Summit in Sydney, to collaborate on future business directions.

“At this stage we’re trying to get MAAP House around NSW, then we plan to go to Queensland, Victoria and the other states after that,” Mr Reitsma said.

“The Summit provided different networking opportunities, meeting other entrepreneurs who are starting up their businesses, and talking about challenges we’ve had and how we’ve overcome them.”

According to Westpac, the ‘Businesses of Tomorrow’ cohort have a collective turnover of approximately $2 billion per year, which support thousands of employees.

“Bringing together 200 businesses that all have the potential to shape our nation’s future presents an opportunity for the Australian business community,” Westpac Business Bank Chief Executive, David Lindberg said.

“I think it’s something all Australians should be proud of because we have all these great companies with the potential to take on the world.”

The 200 companies recognised were chosen from almost 2,000 applications nationally.

By Daniel SAHYOUN