Premier Releases Building Our Innovation Economy Advance Queensland Strategy

Premier Releases Building Our Innovation Economy Advance Queensland Strategy

Queensland Premier Annastacia Palaszczuk

Queensland Minister for Innovation Kate Jones

New Innovation Strategy Set To Create Jobs And Solve Challenges

Victor P Taffa

Premier Annastacia Palaszczuk has today announced a blueprint for Queensland’s future to drive jobs growth and solve some of the state’s largest challenges through innovation.

Release of the Building our Innovation Economy—Advance Queensland Strategy coincides with global innovation festival ‘QODE’ being held in Brisbane.

“Our $650 Million Advance Queensland fund is paying dividends.” Premier Palaszczuk said.

“Now we take the next step with the Building our Innovation Economy—Advance Queensland Strategy.”

“When we started Advance-Queensland we recognised innovation as the vital economic driver that it is.” Premier Palaszczuk said.

“Today 19.7 % of Australian start-up founders are located in Queensland more than Victoria, Western Australia and South Australia.”

“We have successfully completed the start-up phase. The next step is to scale up, and that is what this strategy is all about.” Premier Palaszczuk said.

Minister for Innovation Kate Jones said the Building our Innovation Economy – Advance Queensland Strategy, was developed in close consultation with some of the state’s leading innovators, entrepreneurs, academics and business identities.

“This strategy will transform Queensland’s economy.” Minister Jones said.

“It gives us a blueprint to embrace advances in technology and use these to our advantage to create sustainable jobs growth and solve some of the biggest challenges facing our state in the future.”

“Over the last 4 years our Advance Queensland agenda has delivered for our economy supporting more than 4,450 innovators to create 14,800 new jobs.” Minister Jones said.

“We recognise we must change our focus to remain ahead of the curve and solve challenges that matter to Queenslanders like saving the Great Barrier Reef, energy and water sustainability and healthcare.”

“Research by CSIRO’s Data61 has shown that if we successfully embrace innovation Queensland’s economy will be well placed to create 1 Million jobs by 2038.” Minister Jones said.

 

QLD Minister for Innovation Kate Jones

 

 

 

 

 

 

 

Building our Innovation Economy – Advance Queensland Strategy outlines 5 priorities to shape the next phase of Advance Queensland:

  • Back our strengths,
  • Build innovation in our regions,
  • New skills and new jobs,
  • Scale-up innovation,
  • Solve big challenges.

Queensland’s Chief Entrepreneur Leanne Kemp said the draft strategy reflects rapid changes to technology, jobs and business.

“New technologies and ways of thinking are creating opportunities for industries to leverage their existing competitive strengths and make significant improvements in their operations.” Ms. Kemp said.

“This technology and thinking are driving the creation of new ways of doing business, of working and of partnering with like-minded organisations to achieve shared visions.”

Building our Innovation Economy – Advance Queensland Strategy captures how we will harness this new way of working and opportunities for economic growth across the state.” Ms. Kemp said.

Following public consultation, the final strategy will be released later in 2019.