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Welcome. Cllr Andrew Finney Leader Basingstoke and Deane Borough Council. Enterprise M3. Geoff French Interim Chair. What is Enterprise M3?. An approved Local Enterprise Partnership Local Enterprise Partnership Vehicle for economic growth

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Presentation Transcript
Welcome

Welcome

Cllr Andrew Finney

Leader

Basingstoke and Deane Borough Council


Enterprise m3

Enterprise M3

Geoff French

Interim Chair


What is enterprise m3
What is Enterprise M3?

  • An approved Local Enterprise Partnership

    • Local

    • Enterprise

    • Partnership

  • Vehicle for economic growth

  • Providing strategic leadership for the economic area

  • Activity led – not a talking shop

  • Creating the right environment for business to flourish



Enterprise m3 area1
Enterprise M3 Area

  • Test Valley (Andover)

  • Basingstoke and Deane (Basingstoke)

  • Hart (Fleet)

  • Rushmoor (Farnborough and Aldershot)

  • East Hampshire (Petersfield and Alton)

  • Winchester

  • New Forest (Lyndhurst)

  • Guildford

  • Surrey Heath (Camberley)

  • Woking

  • Waverley (Farnham and Godalming)

  • Hampshire County Council

  • Surrey County Council


Enterprise m3 economy
Enterprise M3 Economy

  • 1,041,100 population

  • 635,700 people of working age

  • 57,000 business

  • 537,100 jobs

  • Higher GVA growth than London in last ten years – 100% positive change in GVA (London 87%)

  • Contribute £25 billion to UK economy


A key role for the private sector
A key role for the Private Sector

  • Government view – LEPs must be led by business

  • 50/50 private sector/public sector split with a business chair

  • Business involvement will;

    • identify business issues and priorities for the area

    • ensure that existing businesses are supported

    • create the right environment for growth

    • attract inward investment


Business support
Business Support

  • Good business support to date –

  • Government pleased with the level of business involvement – so far

  • However…this is just the start…


Public sector partners
Public Sector Partners

  • Armed Forces

  • Education

  • Fire Service

  • Healthcare

  • Local Authorities

  • Police Authority

  • Voluntary Sector


Proposed structure
Proposed Structure

  • Board with a business chair

    • 8 businesses/business support organisations representatives

    • 8 public sector representatives,

  • Implementation Group

  • This is the delivery/support group including representation from Businesses, Business Organisations, Local Authorities, Action-Group Leads

  • LEP Priority Action-groups

    • Project groups to deliver priorities

    • Skills, finance, transport, innovation, broadband, rural, business support….others?

  • Sector specific support groups

    • Priorities to be established


Welcome 1240533

8 Private Sector LEP BOARD 8 Public Sector

GOVERNANCE

Implementation Group

Businesses, Business Organisations, Local Authorities, Action-Group Leads

Action Groups

Continuous ‘Two-Way’ Communication

  • Skills

  • Finance

  • Transport

  • Innovation

  • Broadband

  • Rural

  • Business Support

KEY SECTORS?

Priorities to be established


Philip rutnam

Philip Rutnam

Director General BIS


John copley

John Copley

Interim Vice Chair


Conference agenda
Conference Agenda

  • Question Time

    • Your chance to raise the issues that matter to you

  • Voting – establishing priorities – what would you like the LEP to focus on?

  • Proposed endorsement of arrangements – initial arrangements including agreeingchair and vice chair for the next year

  • Next Steps

  • Networking session – volunteer, sign up and ask questions


Next steps

Next Steps

Geoff French


Structure
Structure

  • Board and Implementation Group – do you want to get involved?

  • Interim structure – to be reviewed and formalised at the conference April 2012

  • Governance- informal structure initially

    • No assets at current time

    • Formal arrangements from April 2012


Setting up action groups
Setting up Action-Groups

  • Voting priorities will help construct Action-groups

  • Identify Action-group leads and LA support partners

  • Sign up

    • Networking session today

    • Email – business@basingstoke.gov.uk


Resources
Resources

  • Initial staffing support from local authorities

  • Existing delivery partners

  • Capacity Fund

  • Regional Growth Fund – Round 2

  • European Projects

  • Private Sector Support – what can you offer?

    • Accommodation

    • Funding

    • Human resource

    • Active involvement

    • Skills


Timescales
Timescales

  • Board in place – May 2011

  • Implementation Group underway – May 2011

  • Action Groups established – Summer 2011

  • ‘Outline’ Business Plan drafted– July 2011

  • Second annual conference – Spring 2012


Interested in getting involved
Interested in Getting Involved?

  • Our collective opportunity to share our economic future

  • Government is empowering LEPs to use their own initiative, be creative and decide what they want to do

  • Sign up to get involved today


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