Manitoba Innovation Framework

Innovation Framework Targets

The measurement of success is critical to the innovation framework. Clearly defined, specific targets will drive the government's approach to innovation. They will also be used to track government’s progress in improving the innovation environment in Manitoba. Provincial targets will help focus attention, measure progress, identify shortfalls and refocus activities to achieve future success.

The provincial government is confident Manitoba will reach the targets set out in this framework.

The challenges Manitoba faces in enhancing our innovation environment are universal. Manitoba has numerous advantages over other regions nationally and internationally and as we build on our already strong innovation infrastructure, the targets we set will be successfully achieved.

The targets set out in this innovation framework document reflect the challenges and priorities identified through various community and industry consultations.

Next: Why Innovation Is Important

Summary of Targets

With these initiatives well under way, the province is now committed to achieving new and critical innovation targets over the next several years — targets that will increase our innovative capacity and keep us focused on our provincial strategy.

• doubling provincial research investments by 2010
  
  
• establishing the Richardson Centre for Functional Foods and Nutraceuticals, at the University of Manitoba’s SMART Park by 2004
  
  
• creating a Centre of Excellence on Composite Materials in Winnipeg by 2007
  
  
• establishing two new business incubation facilities by 2005
  
  
• creating a New Media Development Centre in Winnipeg by 2007
  
  
• doubling the level of available venture capital by 2007
  
  
• creating one spin-off company for every $10 million spent on research and development
  
  
• ensuring access to broadband or high speed networks for all communities by 2010
  
  
• increasing the number of biotechnology companies by 50 per cent by 2007
  
  
• raising the number of new media and information technology companies by 25 per cent by 2007
  
  
• creating fully integrated service centres for the public’s transactions with government.

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