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European Investment

European Investment. The Bristol Impact & Legacy Dr. Claire Herbert-Golden Bristol Economist. Europe Invests for Stability, Peace, Prosperity. Europe Invests for Stability, Peace, Prosperity. Social Capital Economic Cohesion Environmental Sustainablity. Bristol Invests for.

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European Investment

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  1. European Investment The Bristol Impact & Legacy Dr. Claire Herbert-Golden Bristol Economist

  2. Europe Invests forStability, Peace, Prosperity

  3. Europe Invests forStability, Peace, Prosperity Social Capital Economic Cohesion Environmental Sustainablity

  4. Bristol Invests for Strong and safe communities Reducing inequality in health & wealth Raising achievements of young Sustainable prosperity

  5. Structural Economic Issues • Lack of private sector investment in localities • Lack of infrastructure and scale to attract private sector investment • Absence of high growth sectors • Lack of venture capital • Lack of competitive job market skills • Lack of support capacity in communities • Lack of connection to job market

  6. Filwood In Filwood 2000-2010 Employee Jobs Fell by 15% South Bristol has: 31%of Bristol’s working population 19% of Bristol’s jobs Average Household Income Filwood£25,000 Bristol £34,000 Filwood Broadway Framework Report 2012

  7. In Bristol How much EU investment? Area Regeneration

  8. Bristol Urban & Objective 21997-2008 Youth Led Educational attainment raised Crime Reduced Unemployment Individual and community capacity and access increased EU £18m Total £37m

  9. 2007-15 Urban Enterprise business growth & cohesion Growth Accelerator high business growth iNetstechnical innovation ELENALocal Energy Market Growth ICT4EVBoosting Electric Car Use ESFSkills

  10. Impact&Legacy ?

  11. Bristol Urban Enterprise Bringing Enterprise Alive Across Bristol

  12. £ 25minvestment in disadvantaged areas Bristol Urban Enterprise

  13. £ 25minvestment in disadvantaged areas Bristol Urban Enterprise 50% ERDF

  14. Legacy - Sustainable Wealth Economically sustainablecapacity Capital and social infrastructure Local businesses growth Inward investment Local job openings Links to wider economy Environmentally sustainablegrowth Local Digital Resource Aware Environmental Sectors

  15. Local Investors • Gainsborough Square Community Trust • The Park, Knowle • HWV – Hartcliffe and Withywood Ventures • Social Enterprise Works • BRAVE • Bristol City Council

  16. UK Investors • YTKO – Outset Bristol • Business West • Emmaus • Dartington Trust – School for Social Entrepreneurs • SW Investment Group • HCA – Homes and Communities Agency • DCLG, RDA

  17. People projects Enterprise ConfidenceStart-up • Outset Bristol • Social Enterprise Links • School for Social Entrepreneurs

  18. Local Infrastructure • Gainsborough Square Centre, Lockleaze • The Coach House, Ashley • Studio 9 @ the Gatehouse, Hartcliffe & Withywood • The Park, Knowle West • Get Set, Merchant’s Academy, Withywood

  19. Environmental Focus • Emmaus Recycling Centre, Ashley • Green & Digital Enterprises Knowle West • The Green Business Park, Filwood • Bristol Community Energy Development Agency • Improve Your Business Resource Efficiency

  20. 9,000sqm business space £ 30m GVA 1,000 new jobs 1,400 people’s aspirations 400 new businesses

  21. Studio 9 At The Gatehouse Centre Photograph by Ben Smith for NP13 Gallery

  22. New Enterprise Spaces The Coach House Enterprise Centre

  23. Green & Digital Enterprise Start-ups at Knowle West Media Centre

  24. New Environmental CentreFilwood Green Business Park

  25. The Bristol URBAN Programme is part Financed by the European Community European Regional Development Fund Thank you

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