Innovation and Trade
Unleashing innovation and advancing global trade
Through the innovation and trade component of the deal, a new era of progress and competitiveness is being sought across Greater Lincolnshire.
The deal will enable Greater Lincolnshire to take advantage of existing competitive advantages nationally and globally. It will drive innovation and the adoption of innovations.
Key industries of food, energy, ports and logistics and defence will see rapid growth with breakthrough ideas thriving and local businesses reaching new markets.
The forging of strategic partnerships with national and international stakeholders will pave the way for seamless global trade, opening doors to new markets and driving economic growth.
The deal will:
- Allow local leaders to empower businesses to spearhead innovation and collaborative ecosystems, nurturing the development and adoption of cutting-edge technologies.
- Establish innovation clusters and technology parks that serve as vibrant hubs for collaboration, idea exchange, and knowledge sharing among businesses, researchers, and entrepreneurs.
- Promote international partnerships and trade agreements to expand market access for local businesses, facilitating exports and attracting foreign investment.
- Facilitate industry-academia collaborations to ensure that research and innovation efforts are aligned with market needs, driving the successful commercialization of new products and technologies.
- Support the game changing sectors of food, energy, ports and logistics and defence to flourish and grow.
- Create thousands of new, well-paid, highly skilled, sustainable jobs.