innovation strategy

NT News: Innovation strategy charts a new course

Northern Territory entrepreneurs will be given the opportunity to grow and flourish under a bold new Northern Territory Business Innovation Strategy.

The strategy, announced last night at the Darwin Innovation Hub, contains a 10-point action plan that focuses on strengthening the NT’s business innovation culture.

The strategy outlines the Northern Territory Government’s approach to “ignite, inspire and intensify Territory innovation”.

Business Minister and Deputy Chief Minister Nicole Manison told a gathering of the best budding entrepreneurs from all over the Northern Territory, who had descended on the Darwin Innovation Hub to pitch their ideas for a $100,000 Croc Pitch prize, that they were role models for the strategy.

innovation strategy

Minister Manison announcing the Northern Territory Business Innovation Strategy.

She said the NT Government wanted to acknowledge its innovative big thinkers.

“This Government’s number one priority is to create local jobs, that’s why we are supporting innovators and assisting them to turn their ideas into successful enterprises which create jobs of the future,” Ms Manison said.

“The strategy builds on our plan to grow population, and sets out how this Government is supporting local businesses to innovate and grow. We have invested an additional $1 million into business innovation, supported the establishment of the Darwin Innovation Hub and the new Business Accelerator Program launched in August. I encourage Territorians, who have a great business idea, to jump online and view the innovation strategy – with tons of support on offer, we want to make your idea a reality.”

Ms Manison said an important part of the action plan would be to host a local Inspire Women into Technology summit, as a key first step in encouraging more women and girls into the digital industry and providing impetus for local industry to make this happen.

“The 10-point action plan intends to inspire and celebrate Territory innovators, and promote opportunities to be part of the Territory innovation ecosystem,” she said.

“We want to showcase Territory innovators and entrepreneurs and inspire and strengthen innovation in the bush. The plan strengthens the focus on STEAM (science, technology, engineering, art and mathematics) for the Territory’s children and youth.”

Part of the action plan includes expanding the Business Upskills Workshops to cover digital transformation and innovation to support local businesses.

 

Article appeared in NT News Wednesday 10th October 

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