This Partner event included the first panel discussion of 2016. In addition to an operational update, we took a closer look at the city region’s recent economic performance, reviewing some recent successes and also importantly assessing the challenges and opportunities that lay ahead.
7. 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
19. Review process
COMMERCIAL PARTNERS PROGRAMME
Establishing
the new team
Getting the
basics right
Understanding
partner needs
Reviewing costs
& commercial
value
20. 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+
24. 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%
26. 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?
27. 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
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
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
Biggest ever delegation at MIPIM 2016, with a record 42 public and private sector organisations working in collaboration
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
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
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
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.
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
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
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
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
VisitBritain sales mission
Attracts hundreds of international tour operators
Format of face-to-face speed meetings
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
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
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
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
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
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
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