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Regional Funding Advice “Delivering sustainable economic growth for the South West”

Regional Funding Advice “Delivering sustainable economic growth for the South West”. Andrew Slade Executive Director, Strategy and Communications South West RDA 17 th October 2008. What am I about to sit through?. key regional objectives for RFA2 principles of engagement

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Regional Funding Advice “Delivering sustainable economic growth for the South West”

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  1. Regional Funding Advice “Delivering sustainable economic growth for the South West” Andrew Slade Executive Director, Strategy and Communications South West RDA 17th October 2008

  2. What am I about to sit through? • key regional objectives for RFA2 • principles of engagement • the process • securing input and ownership • challenges, risks & opportunities

  3. Introducing the RFA2 Team - a joint effort

  4. Challenging backdrop to the exercise… • global economic crisis • tight budgets / limited headroom • organizational transition (regional and local) • uncertainty around SNR outcomes

  5. General context • RFA focused on sustainable economic growth • established South West regional policy drivers: • growth within environmental limits • embedding the five drivers of productivity (skills, investment, innovation, enterprise & competitiveness) • working with priority places to maximize growth opportunities and to tackle deprivation

  6. So what are our South West regional objectives for RFA2? • ensuring national funding streams support regional delivery as effectively as possible • agreement on priorities within and across funding ‘blocks’ (and across time?) • getting the ‘best bang for the bucks’ - leading to • quicker and better delivery of agreed regional strategic outcomes, and - looking ahead • developing thinking on post 2011/12 priorities to help inform a new Single Regional Strategy

  7. Principles (i) – ground rules • this is about delivery of existing strategic objectives and priorities: • RES, RSS (including RTS), SW Skills Strategy and not developing new strategies • exercise based on known & indicative funding allocations – not about ‘begging letters’ (but should provide basis for ongoing dialogue) • option to ‘vire’ between and combine funding streams

  8. Principles (ii) New emphasis on: • innovative approaches to delivery • RIF and joint delivery teams in place • what other solutions can we offer? • alignment with wider national and regional context • SNR • RSS • the economic climate • integration across funding streams - thematic and spatial (‘transcending boundaries’)

  9. Growth areas (Way Ahead/RSS)

  10. Index of Multiple Deprivation

  11. RDA Corporate Plan

  12. Process – a tight timetable

  13. Input and Ownership • ‘…advice will be more credible if it is based on a wide consensus and reflects the views of the broadest range of stakeholders, including the business community, social, environmental and economic partners, and the third sector.’ • Taken from ‘RFA : Guidance on Preparing Advice’ • overall advice • development of component priorities Hugely important that this is a joined-up, strategic response

  14. So how do I get involved? - stakeholder event (17/10) - Call for Evidence (LAs /others) - specific arrangements: eg Economic Development block steered by Business Task &Finish group; EDOs meetings etc. - clarification on points with individual and ‘clusters’ of stakeholders - input through existing mechanisms and groups (e.g. RHG, RSP,RTB etc.) - 2nd Stakeholder event (8/1/09) - again - input through existing groups and mechanisms Updates on the process throughout via RDA/SWRA website and RFA e-mail bulletin

  15. Big tests for this region • can we be strategic – but not revisit strategies? • can we articulate how a ‘single RFA pot’ will help us? • can we demonstrate rigorous underpinning evidence and analysis? • can we make tough choices? • can we identify and overcome barriers to delivery? • can we demonstrate the co-operation and collective leadership that these times demand?

  16. If we get it wrong… • we’ll make the exercise the sum of its parts • we’ll dissipate money and effort • we’ll lose credibility and influence with Whitehall/Government • national funding for the region will take its own course = slower and less effective delivery of our South West priorities

  17. The prize if we get it right • we will enhance our reputation for innovation and integrated thinking • we will have clarity about and commitment to our priorities for investment • we will provide a real regional voice to HMG • we will make national funding work harder for the region = optimized outcomes for the South West

  18. Final thought… “Nothing great was ever achieved without enthusiasm.”(Emerson)

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