The document discusses strategies for local economic growth in challenging times. It outlines lessons learned about growth strategies, investment tools, economic leadership, and the changing roles of national governments and the private sector. Specifically, it recommends more strategic cluster development, clearer university research support, and expanding global market reach. Public investment tools include skills funding while private tools include tax incentives and business zones. Stronger regional coordination and private sector engagement are also advocated.
Introduction to the Heart of the South West LEP and EU Funding. Presentation delivered at South West Forum's EU Funding - Get the Latest... on 19th March 2015
Financing regional and local government investments: Case examples on ways to...OECD CFE
This is the presentation on Financing regional and local government investments: Case examples on ways to build the base for regional development and welfare, delivered by Antti Moisio, Economist and Policy Analyst at CFE/OECD, at the Joint seminar by OECD and Regional Development Office of the Deputy Prime Minister of Slovak Republic on January 30, 2020.
Introduction to the Heart of the South West LEP and EU Funding. Presentation delivered at South West Forum's EU Funding - Get the Latest... on 19th March 2015
Financing regional and local government investments: Case examples on ways to...OECD CFE
This is the presentation on Financing regional and local government investments: Case examples on ways to build the base for regional development and welfare, delivered by Antti Moisio, Economist and Policy Analyst at CFE/OECD, at the Joint seminar by OECD and Regional Development Office of the Deputy Prime Minister of Slovak Republic on January 30, 2020.
What prospects, instruments and challenges for African economies?
Conference on Local Content Policy in the Extractive Sector in Africa
Isabelle Ramdoo
Deputy Head of Programme, Economic Transformation and Trade, ECDPM
21 – 22 April 2015, Nairobi, Kenya
European Globalisation Fund - Christian Welz - Eurofound - DublinEurofound
Globalisation, European Globalisation Fund, globalisation, globalization, EU, fund, social model, transnational restructuring, redundancy, outsourcing, social partners, European Commission, Eurochambres, ETUC, Committee of the Regions, Ireland, European Globalization Fund, European Union, trade unions, employers,ember State has to demonstrate the link between planned redundancies and economic global structural changes identify the affected enterprise and worker identify the territory affected and the impact redundancies will have on local and regional employment discuss the procedures used to consult the social partners. conditions
job-search assistance, occupational guidance, tailor-made training, outplacement assistance and entrepreneurship promotion or aid for self-employment • special time-limited measures, e.g. job-search allowances, mobility allowances or allowances to individuals participating in lifelong learning and training activities • measures to stimulate in particular disadvantaged or older workers, to remain in or return to the labour market. types of actions funded
Creating markets for social enterprises: the potential of Corporate Social ...OECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Peter J Buckley's presentation at the FDI Statistics Workshop (20 March 2014) during the session on whether or not FDI statisics are still a useful metric when measuring investment globalisation.
Find out more at http://www.oecd.org/daf/inv/measuring-globalisation-fdi-statistics-workshop-2014.htm
Edgar Garcia Casellas: Key issues and challenges regarding access to financeECIAonline
Presentation by Edgar Garcia Casellas during the Parallel Session on Access to Finance @ ECIA Closing Conference on November 27 2014 in Amsterdam (The Netherlands).
National Programme for Social Economy Development in PolandOECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Lessons from the Social Enterprise Mark in FinlandOECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Jeske van Seters
Head of Programme Private Sector Engagement
European Centre for Development Policy Management (ECDPM)
Brussels, 23 November 2017 – EBCAM General Assembly
FINANCING AGENCY FOR SOCIAL ENTREPRENEURSHIP: CREATING COLLABORATIVE HYBRID F...OECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players. T
EU-CHINA CIA: what do we know and what are the risksAEPF
Nathalie Bernascnii of the IISD in this PPT presents a briefing on the EU-China investments and the risks these carry. She also shows China's role and position in international investment law and policy.
EU Digital Innovation Programs- Fostering Ecosystems and Empowering Startups Soren Gigler
This presentation provides an overview of the Digital Innovation Programs of the European Commission focused on blockchain, Artificial Intelligence, deep technology, startups. It also highlights several finance programs to support innovative, digital startups and SMEs.
What prospects, instruments and challenges for African economies?
Conference on Local Content Policy in the Extractive Sector in Africa
Isabelle Ramdoo
Deputy Head of Programme, Economic Transformation and Trade, ECDPM
21 – 22 April 2015, Nairobi, Kenya
European Globalisation Fund - Christian Welz - Eurofound - DublinEurofound
Globalisation, European Globalisation Fund, globalisation, globalization, EU, fund, social model, transnational restructuring, redundancy, outsourcing, social partners, European Commission, Eurochambres, ETUC, Committee of the Regions, Ireland, European Globalization Fund, European Union, trade unions, employers,ember State has to demonstrate the link between planned redundancies and economic global structural changes identify the affected enterprise and worker identify the territory affected and the impact redundancies will have on local and regional employment discuss the procedures used to consult the social partners. conditions
job-search assistance, occupational guidance, tailor-made training, outplacement assistance and entrepreneurship promotion or aid for self-employment • special time-limited measures, e.g. job-search allowances, mobility allowances or allowances to individuals participating in lifelong learning and training activities • measures to stimulate in particular disadvantaged or older workers, to remain in or return to the labour market. types of actions funded
Creating markets for social enterprises: the potential of Corporate Social ...OECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Peter J Buckley's presentation at the FDI Statistics Workshop (20 March 2014) during the session on whether or not FDI statisics are still a useful metric when measuring investment globalisation.
Find out more at http://www.oecd.org/daf/inv/measuring-globalisation-fdi-statistics-workshop-2014.htm
Edgar Garcia Casellas: Key issues and challenges regarding access to financeECIAonline
Presentation by Edgar Garcia Casellas during the Parallel Session on Access to Finance @ ECIA Closing Conference on November 27 2014 in Amsterdam (The Netherlands).
National Programme for Social Economy Development in PolandOECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Lessons from the Social Enterprise Mark in FinlandOECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players.
Jeske van Seters
Head of Programme Private Sector Engagement
European Centre for Development Policy Management (ECDPM)
Brussels, 23 November 2017 – EBCAM General Assembly
FINANCING AGENCY FOR SOCIAL ENTREPRENEURSHIP: CREATING COLLABORATIVE HYBRID F...OECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players. T
EU-CHINA CIA: what do we know and what are the risksAEPF
Nathalie Bernascnii of the IISD in this PPT presents a briefing on the EU-China investments and the risks these carry. She also shows China's role and position in international investment law and policy.
EU Digital Innovation Programs- Fostering Ecosystems and Empowering Startups Soren Gigler
This presentation provides an overview of the Digital Innovation Programs of the European Commission focused on blockchain, Artificial Intelligence, deep technology, startups. It also highlights several finance programs to support innovative, digital startups and SMEs.
EU- Digital Innovation and Scale Up Program Soren Gigler
Overview presentation about the Digital Innovation and Scale-up Initiative for Central, Eastern and South Eastern Europe (DISC). This EU initiative has developed a partnership with the World Bank/IFC, European Investment Bank/ European Investment Fund and the EBRD to address this existing investment gap in innovative deep tech companies in the CESEE region. The programs main objectives are to (i) enhance investments; (ii) strengthen technical assistance and (iii) promote an enabling environment focused on digital innovations and digital startups in the CESEE region.
Il mercato unico digitale offre interessanti opportunità per le imprese e per i territori. Le strategie regionali possono supportare attivamente la transizione verso il nuovo paradigma tracciato da Industria 4.0., promuovere gli investimenti e contribuire alla creazione di un eco-sistema favorevole all'innovazione e allo sviluppo. Commissione Europea e regioni europee offrono un quadro sulle opportunità e sulle principali esperienze.
Value creation from open data growth faces several challenges, e.g; they risk to be too supply-driven, or that they lack of incentives for the re-use. This paper reports an ongoing research/programme on the stimulation role in an open data ecosystem to mitigate these concerns. First, we present the empirical roots of this role that can be drawn from several initiatives undertaken in different countries and trying to bypass the obstacles faced by potential open data re-users. We discuss the importance of a legal framework inductive to foster innovation and transnationality of the re-use. Then, we introduce the BE-GOOD programme which aims to develop new methods to build an open data ecosystem.
Slim Turki, Sébastien Martin, Samuel Renault
{slim.turki, sebastien.martin, samuel.renault}@list.lu
Luxembourg Institute of Science and Technology (LIST.lu)
http://dl.acm.org/citation.cfm?id=3129787
http://www.researchgate.net/publication/317278867_How_open_data_ecosystems_are_stimulated
Presentation of H2020 ICT-32-2017 Startup Europe for Growth & Innovation Rada...Nathalie Danse
The call (ICT-32-2017) will be open from 08 December 2016 to 25 April 2017 with a total budget of 12 million Euros. Building on "Startup Europe" and "Innovation Radar" initiatives, the call aims at funding projects to help established startups and prospective tech entrepreneurs to grow and achieve market success and raise broader awareness of high potential innovators in Europe from EU-funded ICT projects.
Digital partnerships and ecosystems. As Digital Innovation Hub can help Francesco Berrettini
Digital partnerships and ecosystems. As Digital Innovation Hub can help for the purpose to develop the territory and create cluster very soon, my point of view.
This presentation covered CSF funds: Opportunities for civil service organisations.
This presentation was given by Ingrid Gardiner at a regional VCS strategic EU meeting.
Find out more about the NCVO's european policy work: http://europeanfundingnetwork.eu
Keynote Markku Markkula - From Smart Cities to Pioneering Regional Innovation...Mindtrek
Keynote at Mindtrek 2016
Markku Markkula
President of the European Committee of the Regions CoR
From Smart Cities to Pioneering Regional Innovation Ecosystems
Closing the Investment Gap for Deep Tech in Europe Soren Gigler
This presentation during the INTABA organised workshop, It describes the market failure in terms of investments in deep tech startups and SMEs in Europe. It provides an overview of the EU's investment program for AI and blockchain to support the early stage and scale-up of highly innovative startups and SMEs.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
1. Adjusting to new economic
realities: local growth and
investment strategies.
Debra Mountford Udine, 2013
2. A challenging context for local
development
• Local economies confronted by serious
challenges in the pursuits of viable
economic growth and job creation.
• Local government budgets have been
reduced.
• National level funding streams and
redistributive grants have diminished.
• Access to private capital more demanding
and risk averse.
3. Lessons from our work
•
•
•
•
•
•
Growth Strategies
Investment tools and trends
Economic leadership
City approaches
Challenges for national governments
The changing role of the private sector.
4. Growth Strategy
(1) More strategic cluster consolidation capable of growing
employment
– Improved pathways for intra-sector sharing of technology and investment
opportunities
(2) Clearer support for SME research base around leading
universities
-
commercially profitable synergies
-
More self-conscious HE cluster
-
international students/universities.
(3) Growing jobs base by maximising reach into new global markets
– pathways (events, missions, new air routes) for executives and business tourists
– local businesses as international ambassadors and advocates
5. Growth Strategy
Economic Board
•
•
•
Integration along 2 development corridors
‘Humuslaag’- densification of research
Conversion of office space
•
Amsterdam 7-sector approach with Amsterdam
Barcelona
Key initiatives
Start-up culture: financing, employment markets,
space
China outreach round-table
Mobile World Capital
Barcelona Creixement (Growth) 30•
point plan
•
Boston
Brisbane
•
2031 Economic Development Plan
Cape Town Economic Development Strategy
Hamburg
Innovation District
Create Boston, single PoC
•
•
•
Conventions and cultural events
Programme for Asian resource firms
Digital Economy governance
•
•
Metropolitan public transport corridors
Radically improve the skills base.
•
•
Cluster strategy in aviation, maritime, renewables
Upgrade of port
Initiatives of City of Boston and BRA •
Vision Hamburg - Responsible
Growth
6. Growth Strategy
Manchester Greater Manchester Strategy
Lyon
Nanjing
Devised with CoC, the Univ/Lyon,
and business groups
Key initiatives
•
•
•
Expand trade links - China, India, ME
Grow Oxford Road science corridor
Employer-led skills programmes
•
•
•
La Part-Dieu and Confluence districts
BIOASTER institute of research
Business ambassadors
Live business development strategy •
since 2009
•
321 Talent Plan to attract 3,000 entrepreneurs by
2016
Attract anchor engineering institutions
•
•
World-class cluster groupings
High-speed rail links with Gothenburg and
Copenhagen
•
•
•
Qianhai – major new financial zone
Large expansion of HE
$2bn Creative Valley project
Oslo
Untitled
Shenzhen
Implemented through Five-Year
Plan
Zurich
Metropolitan initiatives + Strategien •
•
Zurich 2025
Integrate clean technology cluster
Expand spatial access for creative industries
7. Investment Tools and Trends
Public investment
•Retention of revenues generated within metropolitan area (eg. Manchester)
•Decentralisation of nationally/provincially-held infrastructure funding mechanisms(Zurich)
•Pursue core projects by trimming budgets (Amsterdam).
•Consolidatation of regional investment capabilities (Cape Town)
•Investment in training to maintain private sector jobs (Hamburg)
Private investment
•Privately-backed funds to grow science sectors (e.g. Amsterdam, Lyon and Nanjing).
•Business-friendly Zones with favourable tax offerings and high accessibility (e.g. Manchester,
Boston)
•Competitions, accelerators and investment forums to better connect start-ups to private funds
(e.g Lyon, Barcelona)
8. Main sources of investment since 2008
What’s changed?
Amsterdam
•
•
American investment leads in ICT, creative, finance.
Twice as many Chinese companies investing
Barcelona
•
•
Netherlands, US and France - key sources in software, • Grasp of Barcelona’s potential as a
chemicals, imaging, automotive, agrifood
gateway to Mediterranean
€500m Hong Kong investment in Port expansion.
Boston
•
•
•
Developers instrumental in innovation district
Influx of European life science firm investment
Harvard Business School support from Tata Group
Brisbane
•
Foreign and institutional investment mostly active in • Firms seek direct exposure
quality central property assets, and toll road PPPs
thriving Queensland economy
Cape Town
•
•
Banks primary funders of central city overhaul
Convention Centre precinct €500m, private-led
Hamburg
•
Logistics and industrial firms engaged in office- • Increase in private house-building
building projects
• More Korean and Japanese
Open-ended real estate funds very active
investment in energy/shipping
•
• Strong, growing Japanese logistics
presence around airport.
• Funding more school tuition
• Summer internships scheme
• Surge in wind/photovoltaic sectors
• New interest from S.A./ Singapore
to
9. Main sources of investment since 2008
What’s changed?
Manchester
•
Reliance on expanding US firms, also German and • Recognition as a cheaper and viable
Italian,
esp.ICT,
life
sciences,
advanced location for headquarters
manufacturing
Lyon
•
•
French biotechnology firms
Fast growing SME setup in e-commerce
Nanjing
•
Most foreign investment through Development Zone. • Investment higher up the value
chain in software and outsourcing.
Oslo
•
•
Investment in cultural flagship projects
Surrounding niche financial services
• Large real estate investment influx
due to stability and low debt
Shenzhen
•
•
•
Japanese investment in retail, electronics.
MNC interest in business-equipped offices
HK and global financial firm interest in Qianhai
• FDI boom in real estate, vehicles
• Recognition of Qianhai Zone’s
regulatory advantages
Zurich
•
•
• Established tech firms show more
support for SME and start-ups
Swisscom CHF300m investment in fibre-optic network • More partnered investment in
Local investment from headquarter bodies: e.g. FIFA
cultural institutions
10. Public investment tools
Amsterdam
Barcelona
Boston
•
Scholarship Fund, 50% local govt, to
attract PhD-level talent
•
Pla Empenta – redirects €80m of local
funds from investment budget into
housing, to attract €300m private
investment
•
Brisbane
•
Cape Town
•
Hamburg
•
Relies on state government for capital
grant funding for life science/transport
Accelerated shared city-state-federal
funding for road tunnels, resurfacing
Pool resources at provincial and city level
City’s own VC company for SMEs (BTG
Hamburg) supports companies’ equity
base.
Private investment tools
•
Life Sciences Fund - investment capital to
early-stage biomedical firms. Backed by major
banks
•
•
Barcelona City Protocol - certification system
Tax Free Zone for mobile technology start-ups
•
Up to 20% tax cuts for Innovation District
firms
MassChallenge $1m entrepreneur competition
•
•
•
40-45% R&D tax offset for mining sector
3-year moratorium on hotel developer charges
•
•
From Red Tape to Red Carpet
Building upgrade cost offset in UDZs
•
Employee Qualification Programme,
funds up to €3k of training per employee
Programme to support high-risk
SME tech start-ups
•
11. Public investment tools
Manchester
•
•
•
Lyon
Nanjing
Private investment tools
‘City Deal’ to earn back up to £30m/yr
£300m Evergreen fund using pension fund •
investment
Regional Growth Fund
•
•
City of Entrepreneurship programme
‘Future Investments’ for funds in edu,
digital
•
Re-organisation of SOEs to improve
efficiency of large-scale housing and
transport projects
•
•
•
•
Oslo
•
•
Toll fare increase to fund road tunnels
•
€100m state fund for life science start-ups •
Shenzhen
•
3-5 year bond tranches as a check on local
government debt
Zurich
•
Rail Infrastructure Fund to integrate
funding governance + waive interest on
debt financing
•
High-tech Enterprise Zone around the airport,
offering 5-year business rate discounts
BoostInLyon start-up accelerator
€90m in BIOASTER microbiology institute
Personal financial incentives of €120k
50% loan interest offset for small firm
incubation
new regional Knowledge Partnership
National R&D tax credit scheme - SkatteFUNN
•
Creation of coastal development zones, with
simplified tax system, more liberal HR laws
Relocation subsidies for IT firms
•
tax assistance for some entrepreneurs
12. Delivery and organisational adjustments
Overcome political fragmentation through integrated city-regional bodies
-Increased applicability and efficacy of innovation and mobility strategies
-Shared ideas about integration and regional identity (Zurich, Lyon)
-Pathway for dedicated and evidence-led private sector input (Manchester, Cape Town)
-More professional approach to the fundamentally metropolitan and commercial character of
economies.
-Overturning the lack of shared vision and co-operation between stakeholders.
Cluster agglomeration as driver of strategic cooperation across political
boundaries. (eg Zurich)
Improved relations with higher tiers of government: delegated powers (Oslo, Brisbane,
Hamburg)
More influence for expert development agencies over workforce development, landuse and infrastructure (Boston)
13. How has national/regional government role
changed?
Amsterdam
•
Commitment to specific core projects (especially logistics and transport-related)
Barcelona
•
Emergency debt-relief financing support
Boston
•
Growing amount of state aid (from Massachusetts)
Brisbane
•
•
Queensland state government more attuned to city needs
Incremental devolution of planning and tourism powers
Cape Town
•
•
Delegation of greater transport and housing powers
Sharing national fuel tax with local government to replace council levies
Hamburg
•
Recognition of cluster competitiveness to complement infrastructure support
Manchester
•
More competition for funding based on economic case. City beginning to be
more successful in bids.
Lyon
•
More targeted funding for a handful of growth sectors
Nanjing
•
More national support for software ambitions
Oslo
•
Preparation of SMEs for international competition
Shenzhen
•
•
•
Recognition of functional economic region size of Guangdong Province
Permitted creation of joint ventures
Regulatory relaxation in Qianhai Zone
Zurich
•
Overcoming deadlock over funding channels and arrangements
for key infrastructure projects
14. A new kind of leadership
New ethos of pragmatism
•Compromises to improve the coherence of cluster and mobility strategies
•Mindful of previous over-ambition
•More astute lobbying for favourable national/federal investment
Lead the agenda for open-ness
•Communicate value of diversity and high-value immigrant workers for value chain position
Positive and authentic engagement with private sector
•Business support and market knowledge to re-assure end-user firms/investors
Commitment to sound fiscal platform
•Careful stewardship of balance sheets, projection of reliability and consistency
Long-term, multi-cycle approach
•encourage reflection on core assets
15. What’s needed from national government?
• Local business climate and stable framework conditions
• Rationalisation of complex policies and programmes into simple-topursue frameworks
• National-level transport infrastructure investment (greater fiscal and
organisational authority over transport needs)
• Initial investment in niche higher education facilities
• Recognition of practical economic geographies
• Facilitate expansion of the private rented housing sector
• Evidence-based and trend-based rather than politicised approach to
local economies
16. What’s needed from the private sector?
• Grasp the changing economic requirements of local areas.
• Foster a competitive business climate
• Support the internationalisation process with specialist
knowledge
• Activity and leadership in the housing sector
• Address the jobs challenge for young people
• Become a systematic strategic partner