1 / 9

Perfectly placed for business: A Strategy for Smart Economic Growth in Hertfordshire, 2013-2030

Perfectly placed for business: A Strategy for Smart Economic Growth in Hertfordshire, 2013-2030 and Strategic Economic Plans and Local Growth Deals. Perfectly placed for Business : A strategy for Smart Economic Growth in Hertfordshire, 2013-2030. Our Vision:

kert
Download Presentation

Perfectly placed for business: A Strategy for Smart Economic Growth in Hertfordshire, 2013-2030

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Perfectly placed for business: A Strategy for Smart Economic Growth in Hertfordshire, 2013-2030 and Strategic Economic Plans and Local Growth Deals

  2. Perfectly placed for Business: A strategy for Smart Economic Growth in Hertfordshire, 2013-2030 Our Vision: By 2030, Hertfordshire will be among the UK’s leading economies, helping to realise the full economic potential of the assets and opportunities within the Golden Triangle Our Guiding Principle: Growing smartly as a perfect place for business Priority 1: Maintaining global excellence in science and technology Priority 2: Harnessing our relationships with London (and elsewhere) Priority 3: Re-invigorating our places for the 21st Century

  3. How it all fits together 15-20 year Vision & Strategy: Perfectly placed for Business 3- 5 Year delivery plan LEP Strategic Economic Plan EU Investment Strategy £60m Single Local Growth Fund £40-80m (TBC) Local Funds HE/FE, LA, LEP Private (TBC) Funding schemes Projects

  4. Strategic Economic Plan • Three on-going processes: • “Top down” led by LEP strategy & programme boards • new urban futures, working with local authorities on larger towns (and then smaller ones) • “Bottom up” led by local authorities • 15 projects now emerging

  5. Emerging Projects • 1A: Access to Growth • 1B: Bioscience • 1C: Equity/funding gap • 1D: Skills for science and technology-based businesses • 1E: Agri-science • 1F: Green/env tech • 1G: Advanced engineering • 2A: Film/TV sector • 2B: Sport/leisure/recreation/tourism • 2C: Growth Corridors (incl key transport schemes) • 3A: Urban Futures – Watford/ Stevenage/ Hemel (incl some transport schemes) • 3B: Digital Infrastructure • 3C: Locations for growing enterprise/ FE Campuses for enterprise • 3D: Understanding the skills that businesses in Hertfordshire need

  6. How we will be assessed • Assessment criteria include: • Rationale • Risks • VfM • Non-delivery in 2015/16 will be judged harshly

  7. Timeline set out by government December 2013 LEPs to share their first draft SEP with government March 2014 LEPs to submit a final version of their SEP July 2014 Government to make a formal offer in relation to SLGF April 2015 Implementation of Local Growth Deal to begin

  8. Issues to work through • Prioritisation • Governance and resourcing • Delivery mechanisms • Defining local contributions • Cross border collaboration • Advocacy

  9. Perfectly placed for business: A Strategy for Smart Economic Growth in Hertfordshire, 2013-2030 and Strategic Economic Plans and Local Growth Deals

More Related