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General Session
Colin Skellett – Chair
Paul Wilson – CEO
Wednesday 7th May 2014
West England’s Collaboratorium
WE ARE A PARTNERSHIP FOR GROWTH
#WELEPSEP
16.00 General Session
16.30 Breakout Session #1
17.20 Breakout Session #2
18.00 Drinks reception
18.30 Xavier Rolet, CEO, London Stock Exchange
19.30 Buffet
AGENDA
• MIT and ‘TED Talks’ have Collaboratoriums, and now so
do we, please give feedback to your sector chair….
• Harnessing collective intelligence & enabling effective
large-scale deliberation for complex problems
– “To solve interesting and complex problems, start by finding a
problem that is interesting to you. If you have the right
attitude, interesting problems will find you.”
– “Sometimes the most striking and innovative solutions come
from realizing that your concept of the problem was wrong.”
WHAT IS A COLLABORATORIUM?
COLLABORATION ON THE STRATEGIC ECONOMIC PLAN
MADE A STRONG CASE FOR PRUDENT INVESTMENT
#WELEPSEP
£0.5bn to generate
£0.8bn incremental
tax revenue in 6yrs
£0.5bn to generate
25,500 new jobs and
£1.9bn more GVA
#WELEPSEP
THE JOURNEY SO FAR …
#WELEPSEP
34 PROJECTS PRIORITISED
#WELEPSEP
WHAT HAPPENS NEXT …
LOBBY YOUR MP TODAY TO PUSH FOR THE SEP
#WELEPSEP
SECTOR PROSPECTUS PROVIDES MORE DETAIL
ON OUR ECONOMY THAN EVER BEFORE
WE DISCOVERED THAT WE ARE THE MOST
SKILLED CORE CITY REGION IN ENGLAND
A LEVEL GCSEDEGREE
AND THE MOST PRODUCTIVE
West of England
productivity p/FTE
EMPLOYMENT BY SECTOR
#WELEPSEP
Collaboration
GVA CONTRIBUTION BY SECTOR
#WELEPSEP
Creates
AVERAGE ANNUAL GVA GROWTH BY SECTOR
#WELEPSEP
Av. GVA growth
pa in WE
Av. GVA growth
pa in GB
GVA PER FTE (2010) IN 000S
#WELEPSEP
#WELEPSEP
£25BN ECONOMY
#WELEPSEP
£25BN ECONOMY
#WELEPSEP
FOUR LEVERS OF GROWTH - EXAMPLES TODAY
Results from MIPIM/
construction session 2
New Govt LIF2 fund (£50m) to
kick-start private sector housing
projects, HCA joining construction
session 1, deadline end May
150 firms engaged with RGF3 #1
147 firms engaged with RGF3 #2
£10-80,000 grants
Reaching & attracting talent
Insert map
MORE ENGAGEMENT, MORE OWNERSHIP,
BETTER RESULTS - COLLABORATORIUM
West of England LEP collaboratorium 7 may 2014

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West of England LEP collaboratorium 7 may 2014