This document outlines plans for investing in growth businesses in Derby through a Regional Growth Fund Programme. It discusses plans to create a Global Technology Cluster, Innovation Campus, Rail Technology Centre, high-speed broadband network ("Lightspeed Evolution"), and Enterprise Growth Fund. The Innovation Campus aims to become a leading UK center for supply chain innovation in transport engineering through research collaborations and supporting skills development, startups, and existing businesses in the region.

1. Investing in Growth
Businesses
Derby’s Regional Growth Fund
Programme
Alan Smith / Catherine Williams
17 May 2012

2. Contents
2. Global Technology Cluster
3. Innovation Campus
4. Rail Technology Centre
5. Lightspeed Evolution
6. Enterprise Growth Fund
7. Next Steps
8. Questions

3. Global Technology Cluster - Vision
and Objectives
Manufacturing-focused
Innovation &
Technology Park to:
o Drive open innovation
within region
o Networks & facilities for
SMEs to commercialise
innovations
o Embed innovation and
enterprise in workforce
skills & production
processes

4. GTC Location
• 86 acre site
• 9 mins to M1
• 20 mins to EMids
Airport
• 1.7m TTWA
population
• 1.5 hrs to London

5. Global Technology Cluster
GTC:
D&B
accommodation
for OEM supply
chain SMEs
Innovation
Campus
“A national
centre for supply
chain innovation
in transport
engineering”

6. Innovation Campus Vision
By 2020 the Innovation Campus will become recognised globally as the,
“UK Centre for Supply Chain Innovation in Transport Engineering”
It will draw expertise from across the World and will have extensive associations
with the most prestigious transport engineering bodies.
Comprising:
Comprising
• Research Co-ordination (Technology
& Business research)
• Workforce Development
• Supply Chain Management
• Enterprise Creation

7. Innovation Campus
Championing PTA manufacturing
technologies by:
• Enterprise training and
facilitation
• Research collaborations • Nurturing spin-outs
• Fostering low cost open innovation • Incubation & grow-on space
vouchers, KTP, interns etc
• Access to equity & loan finance
• Developing skills within supply chains
• On-site business support
• Production line applications & training
• Schools engagement

8. Example
Enterprise
Engineering research Business research Skills provision
opportunities
Supply chain
Surface coating In use Servitisation of
management Enterprise
R&D detection manufacturing
skills / support
TRL level 4+ and monitoring R&D
production skills
SME requirements

9. Rail Technology Centre
• Strategically important site for UK - densest cluster
of rail related businesses in the UK
• Investment in site infrastructure to secure
future of major rail connected engineering
facility inc:
• Substantial upgrades to the
Vehicles Lab
• Construction of new train shed
and paint shop facilities
• Upgrading power supply
• Upgrading the fuel point and
controlled emission toilets
• Refurbishment of 2,400 sq.m. of
office, laboratory / workshop
space

10. Lightspeed Evolution
• High quality superfast broadband is essential
infrastructure to be globally competitive
• 69% of Derby businesses require at least 4
times extra bandwidth*
• 60% of businesses were concerned about the
future level and quality of connectivity
• Lightspeed project would enable:
• Creation of a core network, akin to an electrical ‘ring
main’, linking all major employment sites, public
services and data centres
• Roll out access to 95% of businesses and residents
* Survey of 550 businesses in Derby by Atkins, November 2011

11. Lightspeed Evolution
The benefits:
• Studies in Europe and North America show a
GDP increase of 1% as a result of installing a
core fibre network.
• Creation of approx 500 new jobs per year in
Derby.
• Benefits to SMEs who currently would not be
able to afford dedicated high speed broadband
provision

12. Derby Enterprise Growth Fund
• Creation of a financial assistance scheme to
offer grant, loan or equity investment to SME’s,
midcaps and social enterprise
• Assistance on offer where there is:
• a clear need for public sector intervention
• aspirations for growth
• a viable business development proposal
• creation/safeguarding of jobs
• Range of capital and revenue activity
• Strong link with Innovation Campus project….

13. Derby Enterprise Growth Fund
• Focus of the scheme will be
across four strands:
1. Research and Development
2. Workforce Development
3. Enterprise Creation
4. Strategic supply chain
management
• Will also comprise an equity
investment fund element to
address local market failure

14. Next Steps
 BIS programme approval – (June)
 BIS project approvals – (June/July)
 Design & procurement – GTC, IC, RTC (summer)
 Lightspeed procurement (now)
 Enterprise Growth Fund voucher scheme, grant
criteria (July); select delivery partners (July)
launch (late summer)

15. Questions?
Many thanks for your attention
Alan Smith alan.smith@derby.gov.uk
Catherine Williams catherine.williams@derby.gov.uk