Prime Minister Turnbull launches RDA Hunter's Smart Specialisation Strategy For The Hunter Region
26 April 2016
RDA Hunter (NSW) is showing great leadership by delivering positive change, new ideas and new opportunities for the future through its Smart Specialisation Strategy for the Hunter Region.
The Strategy, which is Australia's first, identifies the Hunter's competitive advantages to deliver a strong and focused economic development agenda that is supported by innovation and entrepreneurship.
The Hon Malcolm Turnbull MP, Prime Minister of Australia officially launched RDA Hunter's Smart Specialisation Strategy for the Hunter Region at Parliament House in March 2016.
"Innovation drives growth and prosperity, underpins productivity and will help deliver the jobs of tomorrow," said Mr Turnbull.
"The Australian government is investing $1.1 billion in a National Innovation and Science Agenda to promote a culture of innovation right across the economy. It's fantastic to see Regional Development Australia Hunter investing in innovation through their Smart Specialisation initiative which builds on the Hunter region's competitive strengths."
"I commend RDA Hunter for its agility and the enormous opportunity this initiative presents for the prosperity of the region," continued Prime Minister Turnbull.
The Smart Specialisation Strategy for the Hunter Region is based on an OECD framework implemented widely across the European Union. It establishes an agenda for economic transformation in the Hunter region by analysing and defining regional competencies and determining new areas of opportunity.
"We warmly welcome the Australian Government's National Innovation and Science Agenda which unlocks the potential for innovation driven economic growth," said Mr Todd Williams, RDA Hunter Executive Officer.
"Our Smart Specialisation initiative aims to prioritise the region's unique strengths, support and grow the Hunter's innovation ecosystem, promote entrepreneurship and identify areas that have potential to employ people—especially in the more technically advanced jobs we will see in the future."
For more information on the Smart Specialisation Strategy for the Hunter Region, please visit the RDA Hunter website.