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NATI applauds Government commitment to a Provincial Innovation Agenda

Thursday, December 14, 2017

News Release
November 10, 2016

NATI applauds Government commitment to a Provincial Innovation Agenda

Ajay Pande, Chair of the Newfoundland and Labrador Association of Technology Industries (NATI), supported details released yesterday by the Provincial Government within The Way Forward, a vision for sustainability and growth in Newfoundland and Labrador.

"We actively support and encourage the development of a long-term provincial innovation agenda," said Mr. Pande. "Our technology and innovation sector is complementary and collaborative - one success creates more successes that are in themselves sustainable and scalable."

After reviewing The Way Forward document, NATI offered a number of suggestions for the government to consider as it addresses a challenging economy and a difficult fiscal situation.

"Immediate action to set a vision and develop innovation-focused next steps is needed," said Mr. Pande. "Working with areas of high growth potential, refocused trade activity, and with local firms within our province to drive technology as an enabler of innovation offers immense impact for everyone in Newfoundland and Labrador."

In addition to the support of a long-term Provincial Innovation Agenda, NATI, on behalf of its membership, supported the goal of government to improve procurement efficiency and competition and offered further suggestions for immediate focused activities.

"The technology industry already brings more revenue to this province than the fisheries, and more than tourism, and is an enabler of further innovation in those sectors and others - our technology industry is poised for further growth" said Mr. Pande. "To support this growth, we need to look immediately to actions we can take to increase innovation-based learning into our education system, as well as maintain a specific focus on improving health care in our province through innovation and digital solutions. There is a clear case for investment in both areas. Our province needs it, and we can further benefit from these efforts as they will deliver future sustainable tax revenues and employment opportunities in areas that don't have to compete with one another for finite resources. Through a focus on technology-enabled innovation we can collaboratively create new products and improve services to the people of our province while at the same time improving our ability to compete globally."

Media contact:Ron Taylor, (709) 757-3252, ron@nati.net