- Regional Innovation Summit to develop roadmap for generating the ecosphere where technological and business innovation thrives
- Outcomes to underpin economic diversification and create regional job opportunities
Innovators from across Western Australia will meet in Bunbury today to set the roadmap for government investment in regional innovation to stimulate economic diversification in the regions.
The Regional Innovation Summit in Bunbury brings together innovators, industry groups, academia, Regional Chambers of Commerce and Industry, and State and local governments.
The event will help guide the investment of the State Government's $4.5 million regional component of the New Industries Fund and inform future initiatives and projects aimed at creating jobs, and developing talent and skills in the regions.
Speakers are a mix of innovation champions, start-ups, and high-growth small to medium-sized enterprises and industry players who have helped transform their industries by accelerating research and development, venture creation and growth.
Comments attributed to Regional Development Minister Alannah MacTiernan:
"The McGowan Government understands that fostering an innovation culture can be a catalyst for the creation of new jobs and industries.
"Today's summit brings regional innovation leaders together so we can learn how government can best assist in creating the environment for growth of new business.
"We want to build on what has already been achieved, while understanding from international and interstate experience that successful regional innovation benefits from strategic government support.
"There is already so much innovation happening in our regions; we need to play to these advantages region-by-region, and are committed to charging this innovative streak by backing businesses and industries who are leading the way."
Comments attributed to Innovation and ICT Minister Dave Kelly:
"Innovation offers up an exciting opportunity to create WA jobs and diversify the WA economy.
"A study by the Organisation for Economic Co-operation and Development found high growth small-to-medium businesses generally represent six per cent of an economy but create 54 per cent of all new jobs.
"The McGowan Government is committed to working with businesses, industry and academia to explore how we can help strengthen the innovation environment and identify ways to build on WA's competitive advantages to create WA jobs."
Regional Development Minister's office - 6552 6200
Innovation and ICT Minister's office - 6552 6100