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  • Who We Are, How We Plan to Work With You What We Will Achieve
  • ‘ It is the private sector that can best provide the most professional, customer focused help’ ‘ The government’s role is to facilitate that help and make the market work better for business
  • Our Profile
  • Neighbours: Solent Enterprise M3 South East London
  • These Area Partnerships were selected as part of our bid: GATWICK DIAMOND – recognised as one of the South East’s key growth areas BRIGHTON & HOVE – significant local economy CROYDON – an important link to London COASTAL WEST SUSSEX – Huge potential for employment growth RURAL WEST SUSSEX – Thriving and diverse economy
  • Private Sector Led
  • 5 (equivalent) Staff from West Sussex County Council Financial Contributions from Brighton & Hove and Croydon LAs 14 Board Members DMH Stallard – managed independent board recruitment Secretariat from Thomas Eggar & PWC Communications & Marketing help from Marketing Leadership Capacity Grant of £45K for research (confirmation of targets) Bid for a Start-up Grant - £240K ( Matched & spent by 03/12) Discussions with many potential partners, banks etc Ron Crank - Director of Coast to Capital Gary Rustell - Communications and engagement
  • Our Role is to Make Things Happen Our Vision and Strategies
  • We Will Release the True Private Sector Potential of Our Area Our vision is straightforward and exciting
  • We will have developed an economy that is trade-led with a business community that is outward looking, investment led and driven by the need to be innovative We will have a more skilled workforce delivering high value and knowledge-driven products and services
  • Growth is Central to the Success of Our Local Economy
  • Creating the Right Conditions for Business to Flourish
  • Internationalisation is Closely Linked to Innovation
  • We expect 90% of the investment we require to deliver our growth to come from the private sector We will work with businesses to create the right investment decisions and help source funding for growth
  • Strategic Alliances
  • Recognition that external resource is required Attractiveness of external resources Ability to make effective strategic choices / clarity on core competencies Ability to collaborate Ability to manage relationships to mutual advantage Ability to measure effectiveness
  • Tackling areas and groups with low enterprise and entrepreneurship Enterprise & Entrepreneurship For Young People and Young Adults Business growth through entrepreneurship
  • Juliette Green Planned outputs: Increase the levels of business formation Minimise business failure Embed enterprise into local communities Increase the overall levels of enterprise
  • Russell Strutt
  • Iain Shepherd
  • The Challenges Faced by Communities Are Not the Same
  • Adding Value and Ambition
  • How We Can Help You, How You Can Help Us
  • Multiple Challenges Facing All Businesses
  • Streamlining Business
  • Government is committed to reforming the planning system: Introducing a national presumption in favour of sustainable development Giving local communities new Right-to-Build powers Streamlining national planning policy Placing a new statutory duty to cooperate on local authorities, public and private bodies
  • There are opportunities for business to work with us as strategic partners. Contact Ron Crank - Director
  • Contact Ron Crank - Director
  • How to Learn More
  • Add speakers name....
  • Board generic presentation

    1. 1. A New Approach to Local Economic Growth
    2. 2. Agenda <ul><li>The Government Vision for LEPs </li></ul><ul><li>Our Profile </li></ul><ul><li>Our Vision and Strategies </li></ul><ul><li>Strategic Alliances </li></ul><ul><li>Work Streams </li></ul><ul><li>Area Partnerships </li></ul><ul><li>Business </li></ul><ul><li>To Learn More </li></ul>
    3. 3. Something Different The Government Vision
    4. 4. A New Approach <ul><li>‘ NOT Whitehall knows best’ </li></ul><ul><li>‘ An end to top down initiatives’ </li></ul><ul><li>‘ Shifting power to local communities and businesses through bodies that represent real economic geographies’ </li></ul><ul><li>Local Growth White Paper, October 2010 </li></ul>
    5. 5. Private Sector Led <ul><li>Realising Every Place’s Potential </li></ul><ul><li>HM Government </li></ul>
    6. 6. Coast to Capital Is Born
    7. 7. LEPs Across The UK <ul><li>National Map of UK WithShaded Areas Where There Are LEPs </li></ul><ul><li>Fostering Prosperity in All Parts of the Country – Nick Clegg </li></ul>
    8. 11. Our Board of Directors <ul><li>Chairman – John Peel OBE </li></ul><ul><li>Vice Chairman – Timothy Wates </li></ul><ul><li>6 Representatives from Business </li></ul><ul><li>5 Public Sector Council Leaders </li></ul><ul><li>1 HE/FE Representative </li></ul>
    9. 12. Infrastructure <ul><li>Provided by: </li></ul><ul><li>Brighton & Hove City Council </li></ul><ul><li>London Borough of Croydon </li></ul><ul><li>Surrey County Council </li></ul><ul><li>West Sussex County Council </li></ul>
    10. 13. Transforming Business and Economic Performance
    11. 14. C2C Vision <ul><li>Growth will be driven by a clear focus on the twin priorities of Enterprise and International Growth </li></ul><ul><li>In this way, we will transform business and economic performance </li></ul>
    12. 15. By 2035 <ul><li>The Coast to Capital Area and its businesses will be able to compete in any International Marketplace </li></ul>
    13. 16. Our Targets <ul><li>Over 5 Years </li></ul><ul><li>4,500 new businesses </li></ul><ul><li>4,000 more exporting businesses </li></ul><ul><li>20,000 new jobs </li></ul><ul><li>Over 25 Years </li></ul><ul><li>100,000 new jobs </li></ul>
    14. 17. Enterprise <ul><li>In short, entrepreneurship coupled with high rates of new businesses spurred on by dynamic trade-led growth, will in the long term provide the right competitive environment and source of future business success </li></ul>
    15. 18. International Trade <ul><li>Businesses that trade internationally deliver 60% of UK productivity growth. They will act as the engine house for improved business growth and performance across all parts of our economy and ensure sustainable growth. </li></ul>
    16. 19. Finance <ul><li>Our role is to create favourable conditions for Private Sector Investment </li></ul>
    17. 20. Learning to Date <ul><li>We were only formed in January with a Board of Directors in April </li></ul><ul><li>The role of the LEPs has been well received by both the Private and Public sectors </li></ul><ul><li>Project funding has quickly become available from government </li></ul><ul><li>Business and the Area Partnerships are keen to work together </li></ul><ul><li>We are currently identifying key strategic partners from business </li></ul>
    18. 21. Fulfilling The Promise of Partnering
    19. 22. The Importance of Partnering <ul><li>Faster time to value creation </li></ul><ul><li>Higher returns from investments </li></ul><ul><li>Reduced risk of failure </li></ul><ul><li>Improved relationships internally and externally </li></ul><ul><li>Transparent processes </li></ul><ul><li>Improved partner satisfaction and knowledge development </li></ul>
    20. 23. The Reasons for Failure <ul><li>Slow payback </li></ul><ul><li>Lack of shared benefits </li></ul><ul><li>Lack of ongoing commitment </li></ul><ul><li>Objectives diverging over time </li></ul><ul><li>Overly optimistic </li></ul><ul><li>Poor communications </li></ul>
    21. 24. Business and Local Authority Partners
    22. 25. Area Partnerships Say <ul><li>The Gatwick Diamond Initiative will benefit from the joined up approach to increased international trade and enterprise. </li></ul><ul><li>Paul Gresham, Gatwick Diamond Initiative </li></ul><ul><li>We consider it absolutely essential that business and the public sector worktogether to ensure the future sustainability of our way of life. </li></ul><ul><li>Iain Shepherd, Coastal West Sussex </li></ul><ul><li>Partnership working will deliver more fire power when dealing with common issues and challenges. </li></ul><ul><li>Tony Mernagh, Brighton & Hove Economic Partnership </li></ul><ul><li>By focusing on key priorities together, Coast to Capital will drive employment growth. </li></ul><ul><li>Mike Fisher, London Borough of Croydon </li></ul><ul><li>To Add </li></ul>
    23. 26. Enterprise Boosting Entrepreneurship and Business Formation
    24. 27. <ul><li>To define tightly targeted areas, population groups and sector specific industries </li></ul>Tackling Areas and Groups with Low Enterprise and Entrepreneurship
    25. 28. Enterprise Education to be embedded throughout Primary Schools, Secondary Schools, Colleges and Universities Enterprise & Entrepreneurship For Young People and Young Adults
    26. 29. International Trade Increasing Those Businesses Who Trade Internationally
    27. 30. Finance Funding for Business and Projects
    28. 31. Your Vision is Our Vision The Area Partnerships
    29. 34. Responsive to Local Needs <ul><li>Supporting Local Authorities </li></ul><ul><li>A strong focus on the needs of the local economy </li></ul><ul><li>Finding new ways of tackling challenges in the local economy </li></ul><ul><li>Providing the right competitive environment and sources of future business success </li></ul>
    30. 35. Role of The Champions <ul><li>To be aware of local special needs and address these needs by building relationships with both the local authorities and businesses </li></ul><ul><li>To communicate ‘best practice’ from other area partnerships </li></ul><ul><li>To help broker job creation and other opportunities with relevant bodies </li></ul>
    31. 36. Wins to Date <ul><li>£15m Growing places allocation </li></ul><ul><li>Capacity Grant of £45K for research </li></ul><ul><li>Start-up Grant - £240K </li></ul>
    32. 37. <ul><li>Coast to Capital Area Partnerships meetings </li></ul><ul><li>Individual meetings with Area Partnerships </li></ul><ul><li>Local events (see next slide) </li></ul><ul><li> </li></ul>Plans for Working Together
    33. 38. Planned Events <ul><li>International Trade Forum (Sussex Enterprise) 27 Nov </li></ul><ul><li>Broadband Meeting with BIS (C2C) 29 Nov </li></ul><ul><li>International Trade Seminars (HSBC) Chichester, Crawley, Gatwick, Shoreham – Dates to be announced </li></ul><ul><li>Enterprise Show (Brighton & Hove) - 3 Dec </li></ul><ul><li>Open for Business (MSDC) - 6 Dec </li></ul><ul><li>FE Colleges Enterprise Summit (C2C) - 10 Dec </li></ul><ul><li>Start Up Road Show (Barclays) - Dates to be announced </li></ul>Sample events!
    34. 39. Business
    35. 40. The Challenges You Face <ul><li>Minimal growth in the economy </li></ul><ul><li>Inflation </li></ul><ul><li>Supplier costs increasing </li></ul><ul><li>Slow decision making on the behalf of buyers </li></ul><ul><li>Inability to raise finance </li></ul><ul><li>Difficulties in recruiting the right staff </li></ul>
    36. 41. <ul><li>Driving national priorities such as broadband </li></ul><ul><li>Providing the right competitive environment </li></ul><ul><li>Promoting new business areas </li></ul><ul><li>Introducing enterprise into schools and colleges </li></ul><ul><li>Providing access to new markets </li></ul>Supporting Business
    37. 42. Quick Wins <ul><li>After 9 months, substantial awareness and share of voice of Coast to Capital </li></ul><ul><li>Enterprise and International Trade strategies in place </li></ul><ul><li>Increased learning and idea generation between Area Partnerships </li></ul><ul><li>Success in applying for government funding </li></ul>
    38. 43. Legislative Change <ul><li>Planning That Will Actively Encourage Growth </li></ul>
    39. 44. Planned Events <ul><li>Update </li></ul><ul><li> </li></ul>
    40. 45. Strategic Partners <ul><li>We are looking for businesses that can: </li></ul><ul><li>Share existing events or help us plan new events </li></ul><ul><li>Provide expertise particularly in the areas of Enterprise and International Trade </li></ul><ul><li>Sponsor some of our activities in return for brand promotion </li></ul><ul><li>Contact Ron Crank - Director </li></ul>
    41. 46. Other Support <ul><li>Provide event support </li></ul><ul><li>Promote Coast to Capital to colleagues, partners, suppliers or local businesses </li></ul><ul><li>Promote Coast to Capital through company websites </li></ul><ul><li>Contact Ron Crank - Director </li></ul>
    42. 47. Businesses Say <ul><li>The area now has a strong vision for economic development and a focus for strategic investments into the area. </li></ul><ul><li>Thales UK </li></ul><ul><li>Partnership working is an important part of the way we operate to support the wider community. </li></ul><ul><li>Dave Shemmans, CEO Ricardo plc </li></ul><ul><li>We especially support the emphasis on enterprise and entrepreneurship and the education and development of the individual. </li></ul><ul><li>Clive Behagg, University of Chichester </li></ul>
    43. 48. Keeping Up to Speed
    44. 49. Available Media <ul><li> </li></ul>
    45. 50. Key Contacts <ul><li>John Peel - Chairman </li></ul><ul><li>Ron Crank - Director </li></ul><ul><li>[email_address] </li></ul>