NSW Government launches innovation strategy

NSW Innovation Strategy to foster culture of new ideas and innovation throughout the NSW Government

The NSW Government has launched its Innovation Strategy, aimed at fostering a culture of new ideas and innovation throughout the Government and wider society.

The Strategy was launched at NSW Parliament House, at a luncheon hosted by the Australian Information Industry Association, the nation’s peak member body for the ICT industry.

NSW Minister for Innovation and Better Regulation, The Hon Victor Dominello, launched the NSW Government Innovation Strategy.

The Strategy includes a range of initiatives that will strengthen entrepreneurship and harness NSW’s reputation as an innovation and economic powerhouse.

Key initiatives include:

  • Creation of a Ministerial Innovation Committee that will oversee the implementation of the Strategy and encourage agencies to embrace innovation;
  • Launch of a NSW Innovation Concierge (NIC) that will operate as a front door for entrepreneurs wishing to do business with the Government. The NIC will include a “Shark Tank” process in which select entrepreneurs will have the opportunity to pitch transformative ideas to relevant Government advisers and relevant industry experts that seek to address pressing challenges; and
  • $10 million set aside from Jobs for NSW to grow the state’s network of incubators and accelerators, and $3 million in 2016-17 for direct grants to startups.

Minister for Innovation and Better Regulation Victor Dominello said the Government was opening the front door to entrepreneurs to help address the state’s pressing challenges.

“The digital age has transformed technologies, businesses and consumer expectations. It is imperative that government agencies embrace new ideas and ensure that current and future policies reflect the disruptive age in which we live,” he said.

Minister for Industry, Resources and Energy Anthony Roberts said the strategy will ensure NSW is well placed to respond to the future jobs needs of our state.

“It is important that we continue to improve our innovation capabilities, prepare for new technological and economic opportunities and grow more jobs for the people of NSW,” he said.

The NSW Government also announced the new members of its Innovation and Productivity Council (IPC). The IPC, chaired by Mr Neville Stevens AO, has been appointed for three years to advise the Government on policies and strategies for innovation-led productivity improvements that will support economic development.

The Strategy follows extensive consultation with stakeholders. The copy of the Strategy is available here.

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