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Challenges and Opportunities for the Local Enterprise Partnerships
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Challenges and Opportunities for the Local Enterprise Partnerships

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Presentation given to the UK Science Park Association (UKSPA) Conference on 10th February 2011

Presentation given to the UK Science Park Association (UKSPA) Conference on 10th February 2011

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Challenges and Opportunities for the Local Enterprise Partnerships Challenges and Opportunities for the Local Enterprise Partnerships Presentation Transcript

  • Challenges and Opportunities for the Local Enterprise Partnerships
    Dr Martin Dare-Edwards
    Chairman of the Oxon-LEP
  • Challenges and Opportunities for the Local Enterprise Partnerships
    Outline
    The Remit of LEPs
    Guidance to LEPs
    Intrinsic Challenges
    Oxon-LEP Modus Operandi
    Scope of Opportunities (exemplified for Oxon-LEP)
    Closing Thoughts
  • Challenges & Opportunities for the LEPs
    The Remit of LEPs
    Local enterprise partnerships bring together local business and civic leaders, working to support their local economy.
    They will operate within a geography that reflects natural economic areas
    They will provide the vision, knowledge and strategic leadership needed to drive sustainable private sector growth and (high value) job creation in their area.
  • Challenges & Opportunities for the LEPs
    Guidance to LEPs
    Business-led
    Follow the bid-basis upon which LEP was approved
    Collaborate with neighbours and others relevant to specific Growth projects
    Don’t expect any more guidance!
    Seize your opportunity for “leadership” for pursuit of Growth in your local area
    “Proceed until apprehended”!
  • Challenges & Opportunities for the LEPs
    Intrinsic Challenges
    No direct financial support (officers generally sponsored by Local Authorities)
    “Southern LEPs” should not expect to receive funding support for projects from the RGF (“only £1.4Billion” over 4 years for others)
    Other National or Regional funds (e.g. ERDF) also likely to be targeted outside South
    Projects heavily reliant on Private Funding
    Need to be “creative” for other Funding!
    Voluntary (part-time) Business Leadership
    Unelected / Power of Influence only?
    Strategic vs expectation of rapid results!
  • Oxon-LEP Modus Operandi
    Executive (1+3+12) and overseeing Forum (1+ ~16)
    Aim for Oxon Enterprise to be “Outstanding”
    Proven Business Processes
    Sharp Prioritisation (“Rule of 3”)
    Clear Decision Taking Process
    Action & Delivery Orientation
    Working/Delivery Teams (“Rule of 7”)
    “Row”, “Steer” and “Cheer”
    Friends/Supporting Groups
    “Oxfordshire Business First”, others …
    “Distillation” and “Cascade”
  • Challenges & Opportunities for the LEPs
    Scope of Opportunities (1)
    Initial Work Priorities:
    Addressing Skills Deficiencies (Subteam initiated)
    Inward Investment (Subteam initiated)
    Business support provision (Proposal in development)
    Securing investment for enabling infrastructure priorities (2 Bids made to RGF but Plan B’s required!) (Broadband Bid in development)
    Role to drive key planning decisions?
    Addressing other specific barriers to growth identified by businesses themselves
  • Challenges & Opportunities for the LEPs
    Scope of Opportunities (2)
    Spatial priorities:
    Science Vale UK – national and international leader in science and innovation(Likely need to broaden to all Oxfordshire; also identify sectors of actual or realistic-aspirant “Greatness”)
    Bicester – eco-town to act as a focus for delivering an international exemplar of sustainable development
    Oxford – continue to support our inward investment as world-class centre of education, research and innovation
  • Challenges & Opportunities for the LEPs
    Closing Thoughts
    Removal of funded RDAs by unfunded LEPs creates many challenges and opportunities…
    Critical to the success of LEPs will be prioritisation and strong focus…
    (Some) Early demonstration of value is essential…there are many “naysayers”…
    Creativity & innovation are paramount…
    Rapid evolution & “growing-up” of the LEPs are to be expected.
  • Challenges & Opportunities for the LEPs
    Backup Slides
  • Oxon-LEP
    Chairman
    Dr Martin Dare-Edwards – Infineum UK
    Executive Board Vice-Chairs
    Adrian Shooter – Chiltern Railways
    Prof Ian Walmsley - University of Oxford
    Cllr David Robertson – Oxfordshire County Council
    Executive Board (Champions)
    James Dipple - MEPC
    Jonathan Lloyd-Jones – Blake Lapthorne
    Stuart Miller – ByBox
    Tony Stratton – CPM and Oxford Inspires
    Ian Wenman – IoD and “Oxfordshire Business First”
    Sally-Ann Forsyth – Goodman / Harwell Oxford
    Prof Colin Whitehouse – STFC
    Ltnt-Gen Andrew Graham – Defence Academy
    Sally Dicketts - OCVC
    Ann Ducker – South Oxfordshire District Council
    Bob Price – Oxford City Council
    John Francis – Interim for Oxford Brookes until March 2011
  • Oxon-LEP
    Forum (Ambassadors)
    Dave Richards (Prodrive)
    Jonathan Flint (Oxford Instruments)
    Chris Harris (London & Metropolitan)
    Ciaran Rafferty (Sophos)
    John Hoy (Blenheim Palace)
    John Ormston (HR Wallingford)
    Jürgen Hedrich (BMW)
    Terry Sweeney (RM)
    Brendon Cross (STL Communications)
    VC Prof Andrew Hamilton (University of Oxford)
    VC Prof Janet Beer (OBU)
    Sir Jonathan Michael (NHS)
    Brigadier Neil Baverstock (MoD)
    Prof Steve Cowley (UKAEA)
    Keith Mitchell CBE (OCC)