Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Business Summit 1 - an enterprising county

286 views

Published on

Presentation by Cllr Roger Phillips about the future of Herefordshire.

  • Be the first to comment

  • Be the first to like this

Business Summit 1 - an enterprising county

  1. 1. Herefordshire - An enterprising county… Councillor Roger Phillips
  2. 2. <ul><li>Rural environment and landscape </li></ul><ul><li>Below average earnings </li></ul><ul><li>Poor infrastructure - road/rail/broadband </li></ul><ul><li>Virtually all private sector businesses SMEs </li></ul><ul><li>15% self-employed (9% nationally) </li></ul><ul><li>73% achieved 5+ A*-C at GCSE (3.5% + national) </li></ul><ul><li>Low retention of young economically active </li></ul><ul><li>Ageing population </li></ul>Summary of Herefordshire
  3. 3. Figure 1: Population Pyramids, England & Wales vs Herefordshire, 2006
  4. 4. Proportion of employees by industry sector 2007
  5. 5. Travel to work - Negative and positive flows + + + - - - - - - - - - - Destination (District, County) Inflow into Herefordshire Outflow Net Flow Forest of Dean, Gloucestershire 1,380 1,106 274 Powys 1,039 822 217 Monmouthshire 713 574 139 Westminster, Inner London 3 103 -100 Bristol 23 131 -108 Wychavon, Worcestershire 163 356 -193 Cheltenham, Gloucestershire 80 313 -233 Outside UK 0 234 -234 Birmingham, West Midlands 91 344 -253 Tewkesbury, Gloucestershire 110 515 -405 Malvern Hills, Worcestershire 1,289 1,775 -486 Gloucester, Gloucestershire 120 777 -657 Worcester, Worcestershire 560 1,241 -681
  6. 6. Average Weekly Earnings (2010) Herefordshire - £380 West Midlands - £467 England - £504 Average Weekly Earnings (2010)
  7. 7. Economic Development Strategy 2011-2016 <ul><li>Increase economic wealth of the County through the growth of business </li></ul>
  8. 8. <ul><li>Sustained business survival and growth </li></ul><ul><li>Increase wage levels and range and quality of jobs </li></ul><ul><li>A skilled population to meet future work needs </li></ul><ul><li>Develop the County ’s built infrastructure for enterprise to flourish </li></ul>Economic Development Strategy - Key Aims
  9. 9. <ul><li>Hereford Bypass (Western Inner route) </li></ul><ul><li>Superfast Broadband </li></ul><ul><li>New and Better Paid Jobs </li></ul><ul><li>Improved Higher Education </li></ul><ul><li>Improved Shopping and Leisure Opportunities </li></ul><ul><li>HEREFORDSHIRE IS A VIBRANT PLACE TO INVEST, WORK, LIVE AND BRING UP A FAMILY. </li></ul>The Future
  10. 10. <ul><li>Business Booster Grant - support for business diversification (up to £4,000 - available to SMEs). </li></ul><ul><li>Start Up Grant - new business creation - awards of up to £1,500. </li></ul><ul><li>Training Voucher - grant for subsidising training - up to £750. </li></ul><ul><li>Property Database - information on available commercial property across County. </li></ul><ul><li>Business Directory - electronic database of 2000 Herefordshire businesses. </li></ul>Current Support for Companies
  11. 11. Top Ten Issues

×