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Innovation Strategy

Launched in March 2006, the innovation strategy: Innovation Newfoundland and Labrador: A Blueprint for Prosperity (1.43 MB) is a plan to increase Newfoundland and Labrador’s capacity for innovation in order to compete successfully in the changing global marketplace.

• Innovation Blueprint brochure (1.88 MB)

The Government of Newfoundland and Labrador has identified four strategic directions as it builds and strengthens the innovation fundamentals required for a strong innovation economy. These include:

• Fostering a culture of innovation that encourages new ideas and collaboration among business, labour, government, educational institutions and other stakeholders throughout the province
• Positioning Newfoundland and Labrador as a competitive economy with internationally-recognized strengths and advantages
• Broadening education and skills development, and aligning them with the future economic direction and labour market development needs of the province
• Supporting enhanced R&D capacity, and improving financing and investment tools to facilitate commercialization

In 2006, the Department of Innovation, Business and Rural Development was allocated $20 million dollars to action the strategic objectives.

To Find Out More

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