Step 3: Setting a strategic direction for innovation in your area
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Building on the research you have undertaken in Steps 1 (Understanding Innovation) and 2 (Assessing Innovation in your area), this section will help you to define the strategic direction of your local innovation activities.
To make the most of this section of the toolkit you will need to review the latest iteration of your local Strategic Economic Plan (SEP) and /or Local Industrial Strategy. Make a note of specific references to local, sub-regional innovation-related issues including:
- any specified challenges
- target sectors, businesses or activities requiring innovation support
- proposed interventions, projects, policies or funding priorities
The background content provides more detail on current opportunities generated by national strategy which will help you to define a strategic direction on innovation for your local area. The assessment at the end of this section raises key questions to help capture your local area focus and direction.