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TURNING THE TIDE

TURNING THE TIDE. Regional Development in Norway. Scenario. The local cornerstone company closes down Unemployment rises People move Brain drain Hard for remaining businesses to adapt and grow Difficult to create start-ups/ attract entrepreneurs. www.regionalomstilling.no.

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TURNING THE TIDE

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  1. TURNING THE TIDE Regional Development in Norway

  2. Scenario • The local cornerstone company closes down • Unemployment rises • People move • Brain drain • Hard for remaining businesses to adapt and grow • Difficult to create start-ups/ attract entrepreneurs www.regionalomstilling.no

  3. Local Development Programmes • Up to six years: national funding • Regional monitoring • Industry development projects: SMB development, entrepreneurship, network, infrastructure • Projects to improve collaboration between local authorities and industry www.regionalomstilling.no

  4. The Players • Local level: Municipalities • Local challenges • Local solutionsand implementation • Regional level: the county authorityProcesses programme applications from local authorities Grants funding • National level: Ministry of Local Government and Regional Development Annual grants www.regionalomstilling.no

  5. Innovation Norway • National level, operates locally • Strategy and business development tools • Programme and project management support • Courses, seminars • Networking activities www.regionalomstilling.no

  6. CASE Municipality of Vågsøy Regional Development Programme 2005–2011

  7. Vågsøy: Challenges • High unemployment rate • Employment fell by 40 % 1995–2000 • Unbalanced industry structure: heavily based on fisheries • Population decline (age group 20–39) www.regionalomstilling.no

  8. Vågsøy 2005–11: Goals Measurable goals in three areas • New jobsGrowth in existing local businesses  Start-ups • Population growth • More people commuting www.regionalomstilling.no

  9. Vågsøy 2005–11: Key Results • Employment goals accomplished • Goal for population growth overachieved • More people are commuting in the region • Improved competitiveness www.regionalomstilling.no

  10. Vågsøy 2005–11: Success Criteria • Programme organisation: a limited companyLocal enterprises held a majority of the shares • Management & board with business development skills • Consensus on strategies and goals • Communication/PR Management active in local media and the community Public information and updates on: plans, priorities, results www.regionalomstilling.no

  11. Questions? Thank you! Johannes Skaar Special Adviser, Innovation Norway www.regionalomstilling.no

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