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Prague Regional Innovation Strategy (PRIS) is a specifically focused conceptual document that elaborates on selected targets of the Prague Strategic Plan and form innovation policy of the Capital City of Prague. Its goal is to develop the city’s potential in the field of research, development and innovation and to find a suitable role for the Prague local government in this process. It is intended for all those who have an interest in increasing the competitiveness of the capital and the domestic and international awareness of the city’s economic parameters and qualities.

Innovation policy is based on co-operation with external partners who got involved either at working meetings or through the public consultation process. Their suggestions were of particular importance in helping the document become a realistic set of objectives that the city can achieve in the coming years to become an active facilitator of innovation eco-system development.

The maintenance of this quality will be overseen by a partnership platform, the Prague Innovation Council, an informal advisory body of representatives of the city, research organisations, the business sector and selected State institutions.

The strategy also serves to meet the ex-ante conditionality for using support from the European Structural and Investment Funds for 2014 to 2020. It is thus a key foundation for Operational Programme Prague – Growth Pole of the Czech Republic.

The strategy will be implemented through a regularly updated action plan (currently under preparation) as a set of short to medium-term projects supported by the city.