Business, Tourism, Culture and Rural Development
May 12, 2016

Diversifying the Economy Through Innovation

Highlighting Innovation: Resource Innovations Inc. Advances New Marketing Plan

Innovation Week, a series of events dedicated to the advances being made in Newfoundland and Labrador�s technology sector, is being held this week. During Innovation Week, the department will shine a spotlight on some of the innovative companies that are experiencing success and providing economic benefit to the province and its people. This includes Resource Innovations Inc. a Corner Brook based organization that recently received a Provincial Government investment of $33,750 to assist with the implementation of a new five-year marketing plan.

�Supporting businesses such as Resource Innovations Inc. is a priority of this government as a part of our commitment to the sustainable development of Newfoundland and Labrador�s forest industry. I recently met with the innovative group at Resource Innovations Inc. and I am truly impressed with their resourcefulness. It is inspiring to see how young entrepreneurs are helping to shape the province�s future by utilizing state-of-the art technology that supports the traditional forest resource industry. Not only is Resource Innovations a great example of how technologically advanced companies can flourish in relatively rural parts of the province, it can also export this expertise to markets around the world.�
- The Honourable Christopher Mitchelmore, Minister of Business, Tourism, Culture and Rural Development

Established in 2007, Resource Innovations Inc. provides services that help to manage forest ecosystems in a sustainable manner. With a focus on providing forest and environmental management and planning services that promote healthy forest ecosystems and environmental stewardship, the company is eager to create and sustain employment opportunities for forest and environmental professionals across Canada. Information on Resource Innovations Inc. and their operations can be found by visiting their website: www.resourceinnovations.ca/ .

�The Department of Business, Tourism, Culture and Rural Development has been very supportive of the continued success of Resource Innovations Inc. Their assistance has enabled us to grow into various regions of Canada and into international markets. It has fueled our corporate growth and team experience and enabled us to successfully compete in new markets.�
- Adam Anderson, President and CEO, Resource Innovations Inc.

Innovation Week focuses on furthering growth and developing new opportunities in sectors that include information technology, ocean technology, oil and gas and the green economy. The Department of Business, Tourism, Culture and Rural Development offers a wide range of services to businesses and economic development organizations. Additional information on programs can be found at: www.btcrd.gov.nl.ca/regionaldev/index.html.

QUICK FACTS

• Innovation Week 2016, a series of events dedicated to Newfoundland and Labrador�s technology sector, brings together private and public partners to share ideas and build upon Newfoundland and Labrador�s exceptional atmosphere of innovation.
• Newfoundland and Labrador�s advanced technology industry includes over 165 companies, employing over 3,990 people, with annual revenue of $1.6 billion.
• Details on Innovation Week 2016 events can be found by visiting www.innovationweek.ca/schedule/

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Media contacts:

Tansy Mundon Director of Communications Department of Business, Tourism, Culture and Rural Development 709-729-4570, 693-1865 tansymundon@gov.nl.ca

Adam Anderson President / CEO Resource Innovations Inc. 709-639-8275 adam@resourceinnovations.ca

2016 05 12                             4:10 p.m.