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Universities and Local Growth, David Sweeney HEFCE


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Universities and Local Growth, David Sweeney HEFCE

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Universities and Local Growth, David Sweeney HEFCE

  1. 1. Universities and Local Growth 3rd April 2014 David Sweeney
  2. 2. • Efficiency • Activity • LEPs and Local Growth Universities as Economic Actors
  3. 3. • Making even more of our economic footprint • Diamond 2 Efficiency
  4. 4. Most efficient research base in the world… per researcher per £ investment
  5. 5. …but variation in costs Researchintensity
  6. 6. • Delivery not allocations • Embedding engagement and impact • Assessing Value Activity
  7. 7. ESIF Policy Context 9 - EU moving from Lisbon Agenda to EU 2020 Strategy of ‘smart, sustainable & inclusive growth’ - Innovation & Research Strategy for Growth – focus on commercialisation - Industrial Strategy, 11 Sector Strategies and 8 Great Technologies as a strategic policy framework for innovation - Requirement and benefits of Smart Specialisation; proposed Advisory Hub and stronger collaborative leadership for innovation at local level; incl. especially businesses & universities - Strategic Economic Plans, Growth Deals and the Single Local Growth Fund - ‘LEPs and their partners’ in the ‘driving seat’
  8. 8. ESIF: What’s New? 9 - A much wider range of investment opportunities for HEIs – with a focus on innovation, SME birth & growth, low carbon economy and ICT - Social innovation, higher level skills and widening participation - ‘Synergies’ with Horizon 2020 - Post Code Lottery (very largely) abolished & collaboration across artificial borders - ‘Opt Ins’ - National systems and standards - Some useful simplification – e.g. ‘flat rate’ costs
  9. 9. Where are we Now? / Next Steps? 9 - Draft LEP ESIF strategies assessed by national committee; often good involvement of HEIs - Some ‘ready’, most ‘nearly ready’ & some ‘not ready’ - Partnership Agreement (‘heads of terms’) to be submitted to EU Commission for negotiation over the Summer - Formal consultation on Draft Operational Programme (the important ‘fine print’) and then submitted to EU Commission for negotiation - Negotiations conclude and LEP level strategies finalised (late Autumn?) - But…much already known and planning needed now to hit the ground running
  10. 10. Thank you for listening