• Innovation

    Innovation

    Innovation is seen as an important catalyst for the development of the Falklands’ economy and a national priority for the islands. FIDC aims to promote and encourage innovation across the Falklands’ business community and Government through a new period of collaboration.
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The Innovation Strategy

A phase of stakeholder consultation took place in October 2015, which centred around an Innovation Workshop.  An Innovation Questionnaire was also produced to capture the views of those who were unable to attend the workshop.  The workshop was structured in a way to gather information regarding the current environment for innovation in the Falklands, barriers that prevent innovation, how innovation can be encouraged, identifying innovation opportunities and the key factors needed to deliver a national innovation strategy.  A total of 31 individuals, from both the public and private sectors, attended the workshop.  The workshop was led by the Innovation Manager, assisted by six facilitators.

The draft Innovation Strategy has been broken down into three parts.  Part A details the stakeholder consultation structure and results, providing the context and outlining the process that has been followed.  Part B is the strategy itself and Part C is the strategy’s Action Plan.  Part C provides the detail of how and when the recommendations, expressed in Part B, will be delivered.  Parts B and C can be found in Appendix A.

Part B is influenced by three elements; (1) the Advisory Board agreed vision for innovation in the Falkland Islands, (2) the results of the Stakeholder Consultation and (3) the OCTA definition for innovation.  Using these three elements as a guide, as well as research regarding innovation strategies adopted by other countries, the Innovation Strategy for the Falklands was drafted.

The Innovation Strategy aims to instil a mentality of innovation throughout the Falkland Islands’ public and private sectors.  This is to be achieved by making innovation a national priority, by specifically encouraging more local and overseas collaboration between the public sector, the private sector and institutions, increased investment in research and development, long-term planning in the development of people, encouraging innovation through the sharing of risk, and the continuous review and improvements to the Innovation Strategy itself.

You can download the Falkland Islands Innovation Strategy by clicking the link below.

pdf Falkland Islands Innovation Strategy (Public) (819 KB)

Innovation Pilot Project

The Innovation Workshop held in October 2015 identified a lack of information that prevented businesses from making strategic decisions regarding options to add value to their product, namely Falklands’ wool, meat, and fish and squid.  This lack of information was summarised into three areas; (1) unsure of the value adding opportunities, (2) unsure of new markets to sell to, and (3) unsure of the potential barriers preventing Falklands’ products being sold in the newly identified markets (as identified in 2).  The project considers value adding as carrying out an activity that increases the selling price of a product by adding value in the eyes of the customer or consumer.  This could involve processing, marketing, accreditation, certification, training, traceability, etc.  Variations of this have been looked into and carried out in the past in the Falklands, from wool mills to processed Falklands’ fish, therefore the idea is not new.

However, what is new with this project is its intended outcome, which is to provide publicly available reports that present detailed analysis and recommendations regarding the commercially viable and realistic value adding opportunities for Falklands’ wool, meat, and fish and squid.  These reports will provide credible information for stakeholders to make informed and strategic decisions regarding their future direction.  The project has been split into four parts; value adding opportunities for Falklands’ (1) wool, (2) fish, (3) meat and squid, and (4) the development of an international marketing strategy for Falklands’ products.

Falkland's Wool

In November 2016, the Innovation Pilot Project advertised the opportunity locally and internationally for an experienced individual from the agriculture industry to conduct an investigation into the value adding opportunities for Falklands’ wool.  On the 30th November 2016, FIDC received submissions, which were scored on the 2nd December by a panel appointed by the FIDC Managing Director and led by the project manager.  A preferred proposal was identified and the contract was signed with Blake + Associates Consulting in January 2017.

Two representatives from Blake + Associates Consulting, Michael Blake and Mark Rodda, visited the Falklands for a week-long trip from the 11th February 2017 to carry out onsite research into Falklands’ wool and its industry. The aim of their visit was to meet with a diverse range of wool stakeholders to fully understand the workings of the Falklands’ wool industry.  Open workshops were held at Goose Green and Fox Bay on the 14th and 15th February 2017 to ensure as many people in the Falklands had the opportunity to meet the consultants and discuss Falklands’ wool.

On the 1st May 2017, the ‘Value Adding Opportunities for Falkland Islands’ Wool’ report was published.  The report, authored by Blake + Associates Consulting, proposes ten recommendations to improve the wool returns of Falkland wool growers. 

Mr Blake returned to the Falklands on the 20th May 2017, for his second visit.  During this week-long visit, Mr Blake met with wool stakeholders across the islands to present and discuss his report and its recommendations.  Three public presentations were held on East and West Falkland during the week and a total 45 people attended the presentations, including 29 farm owners or managers.

The report is available to download here; pdf Value Adding Opportunities for Falkland Islands' Wool (01-05-2017).pdf (1.63 MB)

If you wish to find out more about the Strategy or the Pilot Project please contact the Development Manager; t: 27211 or e: This email address is being protected from spambots. You need JavaScript enabled to view it..

About the FIDC

FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies.

To help drive sustainable economic growth and assist in the creation of new jobs and opportunities, FIDC provides various forms of support and assistance to the Falkland’s business community.