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PARTNER MEETING
13th
April 2016
CONOMIC PERFORMANCE SUMMARY
AGENDA
WELCOME
- Paul Kehoe, Chairman
UPDATE
- Neil Rami, Chief Executive
- Investment
- Visitor Economy
- Commercial Partners
- Economic performance
PANEL
- Paul Kehoe, Chairman
- Matthew Hammond, PwC
- Dr David Hardman, Innovation Birmingham
-
Fiona Lockyer, Hampton by Hilton Birmingham Broad Street
- David Richardson, Lloyds Bank
- Charles Toogood, Bilfinger GVA
CONOMIC PERFORMANCE SUMMARY
INVESTMENT
REVIEW
- MIPIM
- Expansion + attraction
- Relocation Services
FUTURE
- Sales missions
SUPPORTING
DEVELOPMENTSTRATEGIC
MIPIM 2016 Partners
MIPIM 2016
MIPIM 2016 highlights
#MIPIMbrum
Reach – 2.9m
EXPANSION + ATTRACTION
16 successful
projects in Q4
= 2,079 jobs
14 projects
were FDI
= 2,027
new jobs
12 = new
investments
4 = expansions
 South African company
 Expansion
 1,000 jobs
 USA company
 New investment
 450 jobs
RELOCATION SERVICES
www.relocatetobirmingham.co.uk
RELOCATION SERVICES
Relocation Tool
RELOCATION SERVICES
Familiarisation Events
SALES MISSIONS
CONOMIC PERFORMANCE SUMMARY
VISITOR ECONOMY
REVIEW
- Shakespeare 400th
anniversary
- Instameet
- GRATIS
- Travel trade
FUTURE
- Sales missions
SHAKESPEARE – 400TH
ANNIVERSARY
Activity
running
beyond
anniversary
date - 23rd
April
INSTAMEET
 Over 200 attendees
 30% outside the area
 40% ↑ in followers
EVENT SUPPORT
New venue
enquiry system
through BCB
Reduce
proposal
turnaround
time to 4
hours
TRAVEL TRADE
Over 40
appointments
with international
operators
SALES MISSIONS
CONOMIC PERFORMANCE SUMMARY
PARTNERS PROGRAMME
- Evaluating previous offer
- Revised partner categories
- Strengthened offer
Review process
COMMERCIAL PARTNERS PROGRAMME
Establishing
the new team
Getting the
basics right
Understanding
partner needs
Reviewing costs
& commercial
value
REVISED PARTNER CATEGORIES
Member
Associate partner
Corporate partner
Principal partner
Associate partner
Development
partner
Corporate partner
Principal partner
£500
£1,500 -
£3,000
£5,000
£7,500+
STRENGTHENED OFFER
Regular events Monthly communications
Expanded research & insight offer Experienced account team
CONOMIC PERFORMANCE SUMMARY
CONOMIC PERFORMANCE SUMMARY
ECONOMIC PERFORMANCE
UK PERFORMANCE 2015
 Growth was between 2% and 2.5%
 Inflation was close to zero (CPI averaged 0.05%) –
lowest since 1960
 Low oil prices provided consumers with a boost,
spending up 2.8%
 Exports and imports both grew 5%-6%; service exports
strong
 Business investment up 4.7%
Q1 2008 – Q4 2015
THE ECONOMIC OUTLOOK?
 With markets volatile and China slowing, what’s in
prospect for the global and UK economies – will the
recovery last?
 Will Britain stay in the EU?
 Are Birmingham and the West Midlands well-placed?
CONOMIC PERFORMANCE SUMMARY
PANEL
 Matthew Hammond, PwC
 Dr David Hardman, Innovation Birmingham
 Fiona Lockyer, Hampton by Hilton Birmingham Broad Street
 David Richardson, Lloyds Bank
 Charles Toogood, Bilfinger GVA
THANK YOU

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Marketing Birmingham Partner event 13 April

Editor's Notes

  1. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited
  2. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited
  3. Biggest ever delegation at MIPIM 2016, with a record 42 public and private sector organisations working in collaboration
  4. More than 700 delegates attended Greater Birmingham events, a 101% increase on 2015 Hosted 20 events across three days, including panel debates and key announcements OVERVIEW We achieved more national coverage than ever before at MIPIM, building on the successes of 2015. This year, we generated: A 250% increase in national media coverage from the previous year Over 123 articles placed in the media in just one week A total of 458 million people reached through Greater Birmingham’s stories A 92% influence rate on Greater Birmingham’s mentions during MIPIM
  5. Unveiling the Midlands Engine Pitchbook – showcasing 33 investment opportunities worth a combined £14.4 billion WEBSITE OVERVIEW MOST POPULAR WEB CONTENT MIPIM events programme up 220% on last year MIPIM homepage up 285% on last year 2016 brochure up 230% on last year OVERVIEW We achieved more national coverage than ever before at MIPIM, building on the successes of 2015. This year, we generated: A 250% increase in national media coverage from the previous year Over 123 articles placed in the media in just one week A total of 458 million people reached through Greater Birmingham’s stories A 92% influence rate on Greater Birmingham’s mentions during MIPIM SOCIAL MEDIA MIPIM HASHTAG “#MIPIMBRUM” Used 946 times during MIPIM week Totalled reach of 2.9million twitter users, compared to last year’s 740k Achieved 586 retweets during MIPIM week, compared to last year’s 250
  6. Business Birmingham team has been involved in 16 successful projects with 2,079 new jobs in Q4 Of which 14 are FDI projects with 2,027 new jobs Of the 16 investments, 12 were new investments with 984 new jobs and 4 were expansions with 1,095 new jobs Largest investments included Sigma Financial Group (South Africa) with 1,000 jobs (expansion) and Advanced Computer Software (USA) with 450 jobs (new). Advanced Engineering, BPFS and ITEC have been strongest performing sectors in Q4
  7. ERDF funded therefore primarily SME investment opportunity focussed Minimum of 5 to be in key geographic markets North America – USA, Canada Europe – Germany Asia Pacific – Australia, China, India, Japan Focused on key sectors Linked to key industry sector focussed events/ opportunities   Commercial Partner Opportunities Larger scale – joint activity/ participation in market Smaller – BB team promoting partners relevant to mission connecting with our lead generation agencies in market connecting with partners with operations in market connecting with partners visiting market   Midlands Engine Missions we are playing key role in planning of these = opportunities for partners   Ultimate aim in sales missions with partner involvement = by working collaboratively with our partners we can generate and secure more inward investment opportunities for Greater Birmingham, maximising two-way business opportunities in the process.  
  8. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited
  9. Secured funding as a partnership approach with Shakespeare’s England and Leicestershire Promotions – GREAT UK Challenge Fund Target US audience (to support BHX air links) Three streams: i) Travel trade, ii) Education and iii) Consumer marketing Project objectives: highlight the events and legacy celebrations of 400th anniversary of William Shakespeare’s death raise awareness of connectivity across Midlands and between partner destinations
  10. Largest Instameet event to date Worked in partnership with The Photography Show to bring show visitors into the city to demonstrate more of the city’s offer 1 weekend, 4 events Attracted visitors from outside the city in addition to the ever-growing Birmingham Instagram community – 30% attendees were from outside of Birmingham/international Supporting the city’s growing Instagram community, raising awareness of independent organisations
  11. GRATIS, a new efficient web based booking system and an improved venue directory tool. Currently being embedded into the Meet Birmingham website – once this has been done we will be communicating update to venues. The advanced booking tool will enable Birmingham Convention Bureau to handle enquiries much more efficiently, providing us with greater flexibility and the ability work from anywhere with an Internet connection. Benefits to organisers User-friendly online portal Informative venue listings Proposals can be turned around as quickly as 4 hours, whereas previous system was more like 24 hours Quality proposals Benefits to members – All of the above, plus Improved venue listing within the system Many city venues already use the system so are familiar with system and its processes System-generated proposals are more visual and well designed, providing a better impression of the venues profiled within Opportunities to upgrade listings with greater amounts of content Venues can use the system to check the enquiry/booking status of the event
  12. VisitBritain sales mission Attracts hundreds of international tour operators Format of face-to-face speed meetings
  13. Plans to attend a series of leisure of business tourism sales missions Key targets within USA, China and Europe IMEX and The Meetings Show provide access to international association organisers – a key focus for us in attracting events with high economic impact
  14. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited
  15. Historic distinction between Leisure / Business Tourism programme (Members) and BPFS (Partners) no longer relevant and restricts networking / cross promotion Aspiration to develop Commercial Partner Programme across ALL strategic sectors (AME, Life Sciences etc) WM Combined Authority will widen geographical scope Members become Associate Partners with immediate effect
  16. Historic distinction between Leisure / Business Tourism programme (Members) and BPFS (Partners) no longer relevant and restricts networking / cross promotion Aspiration to develop Commercial Partner Programme across ALL strategic sectors (AME, Life Sciences etc) WM Combined Authority will widen geographical scope Members become Associate Partners with immediate effect
  17. Historic distinction between Leisure / Business Tourism programme (Members) and BPFS (Partners) no longer relevant and restricts networking / cross promotion Aspiration to develop Commercial Partner Programme across ALL strategic sectors (AME, Life Sciences etc) WM Combined Authority will widen geographical scope Members become Associate Partners with immediate effect
  18. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited
  19. Encouragingly most of the arrows are pointing in the right direction But while there is still an upward trend in GVA and employment at a local, regional and national level the economic environment we are operating in is becoming much more challenging At the same time there are significant opportunities and untapped potential for growth to be exploited