New strategy embraces innovation

1 December 2016

Group of people discussing ideas in front of a computer

The NSW Government launched its new Innovation Strategy on Wednesday 30 November 2016 which is aimed at fostering a culture of new ideas and innovation throughout NSW.

The Innovation Strategy includes a range of initiatives such as the creation of a Ministerial Innovation Committee and the launch of a NSW Innovation Concierge (NIC), designed to strengthen entrepreneurship and further enhance NSW’s reputation as an innovation and economic powerhouse.

The Ministerial Innovation Committee will oversee the Strategy’s implementation and encourage agencies to embrace innovation, while the NSW Innovation Concierge will act as a front door for entrepreneurs looking to do business with the NSW Government.

The NIC will also oversee a bid process similar to Channel TEN’s Shark Tank where entrepreneurs pitch transformative ideas to NSW Government advisers and relevant industry experts.

Economic, Skills and Regional Development Deputy Secretary Gary Barnes said: “We have an important role to play in the NSW Government Innovation Strategy and are embracing the Government’s call for innovation through programs such as the recently launched Sydney School of Entrepreneurship.”

“By laying the platform to encourage innovative thinking now, we are helping to prepare NSW to embrace new technological industries and business opportunities that will result in more jobs for the people of NSW in the future.”