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Strategies for Northern Ireland's Growth: Enhancing Competitiveness and Sustainability

This presentation discusses Northern Ireland's economic situation, the initial approach taken, the shift back to basic needs analysis, tough decisions made, and the new intervention logic focusing on research, competitiveness, and low carbon economy. The benefits of the revamped strategy, including clear thematic concentration and measurable results, are highlighted. Specific focuses on R&D, SME competitiveness, and low carbon economy are outlined with plans for growth and development.

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Strategies for Northern Ireland's Growth: Enhancing Competitiveness and Sustainability

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  1. Joint meeting ofREGIO Evaluation Network and ESF Evaluation partnership2014-20 ERDF INTERVENTION LOGICNorthern Ireland, United KingdomAthens, 15th May 2014

  2. WHO? WHAT? WHY?

  3. NORTHERN IRELAND FACTS

  4. NORTHERN IRELAND FACTS • Smallest UK nation - 1.8m population (3% of the UK) • 2014-20 Transition Region - 2% of UK GVA • Weekly Earnings €550 - Unemployment Rate 7.7% • Economic Inactivity 28% - Highly Skilled Workforce

  5. INITIAL APPROACH • A focus on what we want to do - Lots of activity, thinly spread • Not on what we want to achieve - Thinly spread, questionable impact • Rethink required

  6. BACK TO BASICS • What are Northern Ireland’s needs? - Underpinned by detailed analysis • Where should we concentrate? - Prioritisation • What will be the result?

  7. TOUGH DECISIONS • Activities dropped • Political Buy-In • Stakeholder Buy-In

  8. WHAT DOES IT LOOK LIKE? 3 Thematic Objectives & 3 Investment Priorities • Strengthening Research, Technical Development and Innovation • Enhancing the Competitiveness of small and medium-sized enterprise • Supporting the Shift Towards a Low Carbon Economy in all Sectors

  9. BENEFITS • Greatly assisted OP drafting • Clear Thematic Concentration • Contribute to EU2020 Targets • Measurable Indicators & Results • Capacity to deliver change

  10. R&D&I

  11. R&D&I • Concentration on BERD - BERD 74% of total expenditure • Horizontal & Vertical Specialisation - Smart Specialisation & Growth Potential • Increase Uptake - Only 430 businesses R&D active

  12. SME COMPETITIVENESS

  13. SME COMPETITIVENESS • Focus on SME High Growth Firms - Disproportionate +ve economic impact - Reduction in numbers - Access to Finance • Focus on SME job creation - Reduction in micro & small employees

  14. LOW CARBON ECONOMY

  15. LOW CARBON ECONOMY • Renewable Energy - Harness natural wind resources - 40% target

  16. Thank you for your time Happy to answer any questions Andrew Winter andrew.winter@detini.gov.uk

  17. Joint meeting ofREGIO Evaluation Network and ESF Evaluation partnership2014-20 ERDF INTERVENTION LOGICNorthern Ireland, United KingdomAthens, 15th May 2014

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