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Innovators: Government of Newfoundland and Labrador - Business, Tourism, Culture and Rural Development
Government of Newfoundland and Labrador - Business, Tourism, Culture and Rural Development
P.O. Box 8700
St. John's, NL
Newfoundland and Labrador is home to more than 50 knowledge intensive enterprises that develop ocean technology products and services. The province's ocean sector is also a significant contributor to the provincial economy with 16% annual growth over the past three years. Local advantages include international companies with established products and services; international collaborative commercial and scientific relationships; educated, motivated and stable professional and technical workforce; and extensive research capabilities and infrastructure.
IBRD supports the sector by:
- Working on development and promotion initiatives with key stakeholders including: Oceans Advance, Memorial University, the Marine Institute, the City of St. John's, C-CORE, as well as the federal government, including NRC Institute for Ocean Technology, NRC Industrial Assistance Research Program, Industry Canada, and ACOA.
- Supporting local companies to participate in trade shows and conferences
- Partnering with other agencies to assist firms
- Funding programs