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Technology Industry Critical to Province’s Business Innovation Agenda

Friday, November 17, 2017

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For Immediate Release

November 9, 2017

Technology Industry Critical to Province's Business Innovation Agenda
NATI welcomes commitment to cooperation, collaboration and community 

St. John's, NL - The Newfoundland and Labrador Association of Technology Industries (NATI) is encouraged by the clear commitment to cooperation, collaboration and community presented in the province's Business Innovation Agenda. The association, representing 165 local  technology companies generating $1.6 billion in revenue for the province each year, is keen to work with Government and other organizations to advance the agenda.

"When government makes a commitment to work with industry and communities it's encouraging," said NATI CEO Ron Taylor. "We have a technology sector that has the potential to become the economic engine of the province, but we need to work together to make that happen. Today was a step in the right direction."

"Fostering the growth of companies in technology will be critical to the diversification and the strengthening of our economy," said Kendra MacDonald, Chair of NATI. "We have companies today who are operating here and making it big globally, and we are just scratching the surface.  The more we can support these opportunities, the more wealth, jobs and reasons for our young talented people to stay, will come as a result."

In support of the Business Innovation Agenda, NATI will engage with government through InnovateNL and other initiatives to drive innovation, leverage the full potential of the technology industry, and create platform for growth for all sectors across Newfoundland and Labrador.

NATI looks forward to the next steps in the Business Innovation Agenda, and encourages government's efforts in the other areas including: creating a Young Entrepreneur Retention Program; creating a culture of innovation in schools by increasing options for co-operative education; and introducing entrepreneurship, technological literacy, including coding, early in our K-12 curriculum.

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Media contact:
Nancy Drover
Senior Director, Business and Communications
NATI
709.757.3253