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Wouter Schuitemaker Investment Director

Wouter Schuitemaker Investment Director. businessbirmingham.com. European FDI. FDI projects into Europe. Jobs created. businessbirmingham.com. Investment Performance. UK regions (outside of London) have seen a decrease in FDI projects. 2.7% increase in foreign-backed UK projects.

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Wouter Schuitemaker Investment Director

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  1. Wouter Schuitemaker Investment Director businessbirmingham.com

  2. European FDI FDI projects into Europe Jobs created businessbirmingham.com

  3. Investment Performance UK regions (outside of London) have seen a decreasein FDI projects 2.7% increase in foreign-backed UK projects Overall, investment across Europe hasfallen More capital investment and job creation than past 25 years 52% increase in FDI projects in Birmingham

  4. Exports are good for Investment • Strong international demand for advanced manufacturing products from the region – automotive in particular • Countries engaging in exporting are attracting higher levels of inward investment • Many of most successful exports – such as JLR and MG Motor UK – are backed by foreign companies • Boosting international trade is crucial to raising the profile of the UK as a global investment destination UK regions (outside of London) have seen a decreasein FDI projects Value of UK exports increased by £0.5bn from April 2012-13 West Midlands exported over £20bn worth of goods in 2012

  5. Post Regional Development Agency Challenges • Low budget for FDI and narrow policy mandate • Cross-over of target sectors • Centralised National FDI pipeline to UKTI • Development of local offer propositions and comparative advantage • Supporting Local Delivery Partner on local issues (planning, site finding and utilities)

  6. Business Birmingham FDI Strategy • Sector Focus • Spatial Planning & FDI linkages • Site Propositions • Promotion of broader geography • International outreach • Links to UKTI Trade activity • Incentives

  7. Sector roadmap Economic impact (short to medium term) Higher Built to last Global powerhouse Financial services Business & professional services Advanced engineering (auto) Auto Supply Chain Food & drink ICT Logistics Source of investment opportunities Indigenous Inward Medtech Low carbon technologies Digital media Bio-pharma research Creating the buzz Quality over quantity Lower Source: PA Analysis businessbirmingham.com

  8. Pipeline 13/14 – source channels Jobs by source Projects by source Other multiplier Other BCC UKTI Intelligence Other Telephone Birmingham Office Market Forum Other multiplier Other UKTI Agency CP BB BCC CP Agency BB marketingbirmingham.com

  9. Economic Zone Development • Opportunity for up to 50,000sqm of new floorspace for companies in areas of R&D, clinical trials and pharmaceutical manufacturing Creation of economic zones to fast track and expedite projects quickly • Simplified planning • Access to finance • Gap funding • Business development programmes • Tailored training and recruitment • packages businessbirmingham.com

  10. City Centre Enterprise Zone • 26 sites across nearly 70 hectares of Birmingham city centre • Financial and Professional Services • Creative and Digital Media • 700,000 sqm of new office floorspace • 600,000 sqm of new leisure, recreation and commercial floorspace businessbirmingham.com

  11. Partnerships • Memorandum of Understanding (MoU) with UK Trade & Investment (UKTI) • Main point of contact for inward investment on behalf of Black Country and Solihull – building a stronger proposition • Birmingham’s international profile is growing, and with the support of partners across the Black Country and Solihull, we have an opportunity to extend this further, bringing benefits to a wider sway of this part of the world. • Some areas within the GBSLEP have their own clear identity and branding and we use the most relevant in appropriate markets. • Being aligned to the city will bring value and we work with the GBSLEP, local authorities and partners across the wider region to realise those benefits.

  12. Business Birmingham – FDI pipeline 14% 5% 5% 8% 7% 3% 4% 4% 5% Business Birmingham active projects pipeline as per May 2013 businessbirmingham.com

  13. Birmingham active projects – by sector Pipeline as of June 2013 Sector composition (based project numbers) Business Professional and Financial Services 13.2% Advanced Engineering ITEC 31.6% 22.4% Digital Media Life Sciences Food and Drink 6.6% 2.6% 10.5%

  14. Innovative funding initiatives • SME Fast Track – available to small to medium enterprises operating within the ERDF Priority 3 areas of Birmingham and the Black Country.  • Mobile Investment Fund (MIF) – £2,000 per job for larger overseas investments • Business Development – £8m Business Development Programme, which provides grant awards between £10,000 and £15,000 representing 45% of eligible project costs. • Training and Recruitment – Birmingham Jobs Fund for employing a young Birmingham person aged 16-24 includes grants of up to £4,550 per person • Simplified Planning – Local Development Order (LDO) in place to speed up major planning application decisions.

  15. Questions

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