LEPs Coordinators for Local Growth

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Presentation made at the Carter Jonas Seminar on "The Planning Regime and Oxfordshire\'s Future Economy", 6th May 2011 at the Saïd Business School in Oxford

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LEPs Coordinators for Local Growth

  1. 1. LEPs – Coordinators for Local Growth<br />Dr Martin Dare-EdwardsChairman of Oxon-LEP<br />
  2. 2. Outline<br /> Oxfordshire LEP Introduction<br /> Oxfordshire LEP Priorities<br /> Indications for role of LEPs vis-à-vis Planning<br /> Specific Opportunities – LEPs and Planning<br /> Final Remarks<br />LEPs – Coordinators for Local Growth<br />
  3. 3. Oxfordshire LEP<br />Seizing our opportunity for Local Leadership in the Pursuit of “Outstanding” Growth in Oxfordshire<br />“Touchstone” for all our activities:<br />Increasing the number of Sustainable,High-Value-Adding jobs in our area<br />Coordination for Coherence and Synergism:<br />Prioritising our efforts to where we can add value(Row / Steer / Cheer approach)<br />Will not impose on existing successful partnerships, but will strongly promote “unifications” or explicit collaborations<br />Act as forum for issues that need assistance to resolve<br />Foreseen role to drive/facilitate planning decisions that are consistent with our Touchstone and our Priorities<br />
  4. 4. Oxfordshire LEP - Priorities<br />Priority Work Themes:<br />Supporting Inward Investment<br />Identifying and Promoting “Clusters of Excellence” <br />Supporting Existing Businesses to Innovate and Grow<br />Specialised Supply Chains in High Growth Sectors<br />Securing Investment for Enabling infrastructure Projects<br />Next Generation Broadband Access<br />Transport-Connectivity for Growth Hot Spots & “East-West”<br />Addressing Skills Mismatches<br />Raising aspirations and tailoring provision to business need<br />Spatial Priorities <br />Science Vale UK - National & International excellence for Science & Innovation<br />Bicester – Drive to establish coherent Housing and Employment-based Development, inclusive of the Eco-exemplar<br />Oxford – Continue to support our inward investment as world-class centre of education, research and innovation<br />
  5. 5. Indications for role of LEPsvis-à-vis Planning<br />DCLG Comments:<br />“Intention for Localism Bill to have regard to role of LEPs for planning…across local authority boundaries…<br />…keen to work with front-runners… Harnessing the powerful voice of business in planning decisions, facilitated by infrastructure development…leading production of strategic plans.”<br />"Consistent with localism, we will not be prescribing planning roles for LEPs - it is for them to decide what roles they want to take on and on what basis they do this reflecting their needs, skills and ambitions."<br />
  6. 6. Specific OpportunitiesLEP’s and Planning<br />Enterprise Zones (11 announced, EOI’s invited for 10 more)<br />Business Rate Discount: £55k pa for 5 years <br />Business Rates Growth retained for 25 years<br />Radically Simplified Planning via LDO Powers<br />Support for Superfast Broadband<br />Others: Capital allowances, Tax Increment Finance, UKTI support for inward investment<br />Oxfordshire Perspective:<br />Will be tough to make the grade, but we are exploring…<br />EOI submitted, but no specific single site yet indicated<br />Possible multi-site EZ, summing within 0.5-1.5 ha range<br />Simplified/Speeded-up Planning seen as most substantial benefit so EZ vs use of LDO Powers only, may be marginal <br />
  7. 7. Specific OpportunitiesLEP’s and Planning<br />Business Improvement Districts<br />5 yr plan of extra Revenue Raising for additional services<br />Requires Ballot & Majority in favour (Oxford City’s bid did not gain a majority in 2008)<br />Oxfordshire Perspective<br />Oxford City considering to re-ballot<br />No other cases yet considered<br />Tax Increment Financing (2013/4 for implementation)<br />Permission to borrow against future uplift in business rates, valuable to support infrastructure investment<br />Oxfordshire Perspective<br />No specifics yet but could have value to support Science Vale and Bicester South<br />
  8. 8. Specific OpportunitiesLEP’s and Planning<br />Local Development Orders<br />Provide incentive for increased occupation of specific employment areas<br />Investment in Business Parks could be supported by an LDO<br />Could be basis of long-term partnership with district council with use of s106 agreements/Community Infrastructure Levy (CIL) that link more significant developments to infrastructure improvements<br />Oxfordshire Perspective<br />Potentially many opportunities across Oxfordshire<br />
  9. 9. LEPs – Coordinators for Local Growth<br />Final Remarks<br />The Oxfordshire Strategic Planning & Infrastructure Partnership Board (SPIP) created a Local Investment Plan (focused on up to 5 years) in March 2010, based on Local Authority & SEEDA input<br />The Oxfordshire LEP will now make specific business input to the SPIP providing greater drive for growth in high value-employment & the local economy <br />
  10. 10. Oxfordshire LEP<br />Backup Slide<br />
  11. 11. Oxfordshire LEP – Modus Operandi <br /><ul><li>Executive (1+3+12) and overseeing Forum (1+ ~16)
  12. 12. Aim for Local Enterprise to be “Outstanding”
  13. 13. Proven Business Processes
  14. 14. Sharp Prioritisation
  15. 15. Clear Decision Taking Process
  16. 16. Action & Delivery Orientation
  17. 17. Working/Delivery Teams
  18. 18. “Row”, “Steer” and “Cheer” approach to Projects
  19. 19. Friends/Supporting Groups
  20. 20. “Oxfordshire Business First”, FSB, IoD, CBI, OTCN
  21. 21. “Distillation” and “Cascade” processes</li>

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