C2C Forum no2 Tim Wates finalPresentation Transcript
Delivering Economic Growth through Place Tim Wates Vice-Chairman, Coast to Capital Board Lead on ‘Place’
Introduction• Place = creating the right conditions for growth• Best possible physical & fiscal conditions• Underpins key strands - enterprise &internationalisation• Common challenges – planning, access tofinance, infrastructure, availability/access tosuitable land
How we will work? Strategic view- sense of priorities Communicate to partners - legislation, regulation, Leadership and direction new issues How should the LEPConduit to all levels of work? Coherence- workingGovt + lobby on behalf across boundaries of C2C area Co-ordinate activity- avoid duplication- problem solving Sharing best practice
‘Place’ workshop• December 2011 - 40+ attendees from private, public and third sector• Explored ‘Place’ agenda with local partners• Identified how C2C can target its support to effect real change.• Identified barriers to business growth and shared best practice solutions
Strategic sites• Collection of strategic site information end 2011• 68 strategic sites identified• GVA appointed to assist with mapping & analysis• Potential job numbers, key employment sectors,barriers and blockages etc• Outcome – will help shape where C2C should focus itsefforts• Final report expected end March 2012
Enterprise Zones• Enterprise@BognorRegis – submitted to Govt 2011• Govt encouraging LEPs to support development of localmodels – EZ ‘lite’, ‘Growth Zones’ etc.• Examples of activity: Bognor Regis, Rural Growth Networks,Newhaven, Croydon, Manor Royal - others?• What support can C2C give?• EZ activity - acted as a catalyst - local problems-bespokesolutions
Growing Places•Addressing immediate infrastructure constraints topromote employment growth - £16m•Sustainable revolving fund•Genecon –advising on process & external appraisal•CBRE – advising on wider fund development•Growing Places Investment Committee + panel ofexperts
Growing Places Investment Committee
Growing Places Timeline Investment Committee Initial review of projects C2C Board agree 1st round of projectsCall to Investment Committeeaction Agree shortlist Growing Places Round 2End Jan Mid Feb Mid March End April Summer 2012?
Other emerging activity• Establishing a virtual working group• Planning Advisory Service (PAS) support -strategic planning & duty to co-operate• Devolving Local Major Transport decisions -consultation
Conclusion• Role of ‘place’ - delivering long termsustainable jobs• Working closely and support localpartnerships, public and private sector partners• Building on existing assets & adding value
QuestionsCoast to Capital aims to create the right environment for growth by having the best possible physical and fiscal conditions. The challenges to address are: • Planning • Land • Infrastructure • Investment finance• Are there any gaps in our approach to creating the right conditions for growth?• Addressing “place” and conditions for growth is a medium to long term job. What are the immediate issues that Coast to Capital should be targeting – in terms of planning, land, infrastructure, investment finance or other factors?