Neville Reyner CBE DL Chair Greater Cambridge – Greater Peterborough Local Enterprise Partnership.

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Presentation transcript:

Neville Reyner CBE DL Chair Greater Cambridge – Greater Peterborough Local Enterprise Partnership

Aspirational target  The Greater Cambridge Greater Peterborough Local Enterprise Partnership aims to create an economy with 100,000 major businesses and create 160,000 new jobs by 2025, in an internationally significant low carbon, knowledge-based economy balanced wherever possible with advanced manufacturing and services.

An overview of the area A population of 1.3 million Estimated to grow to 1.5 million by 2031 Currently home to: 700,000 jobs 60,000 enterprises Generating £30billion per annum

Our area

Our strengths ICT & Telecoms – 50,000 jobs Bio tech and life sciences – 600 companies Environmental goods & services - £600mn p.a. Advanced manufacturing & engineering – A1, A14 & A47 Agriculture, food & drink – the UK leader Creative industries - £1bn turnover p.a. Visitor economy – 20million visitors p.a.

Our barriers Infrastructure deficit, especially transport Not enough homes Not enough affordable homes Skills ‘coldspots’ Loss of funding and capacity to address these

Priority areas Skills and Employment Strategic economic vision, infrastructure, housing and planning Economic development and high growth businesses Funding, bids and proposals in conjunction with the private/public/voluntary sectors and business; including EU funding, regional growth funding, and private sector

Our Board Neville Reyner CBE DL - Chair of the Board - Chair of Anglia Components Limited Professor Mike Thorne PhD - Vice Chancellor of Anglia Ruskin University Dr Lynn Morgan - CEO of the Arthur Rank Hospice Charity Allan Arnott OBE - Operations Director at Caterpillar's Industrial Power Systems Division Professor Sir Richard Friend FRS FREng- Experienced businessman and Cavendish Professor of Physics at the University of Cambridge Mark Reeve CITB - Managing Director of Chalcroft (Construction), King's Lynn Trevor Ellis MBA - Chairman of CS Ellis Group (Haulage), Rutland John Bridge OBE - Chief Executive of the Cambridgeshire Chambers of Commerce Dr Robert Swann MBA PhD - Entrepreneur specialising in technology and high-tech start up companies Cllr Jill Tuck - Leader of Cambridgeshire County Council Cllr Sian Reid - Leader of Cambridge City Council Cllr Marco Cereste - Leader of Peterborough City Council Cllr Terry King - Portfolio Holder for Corporate Services at Rutland County Council Cllr Ian Bates - Leader of Huntingdonshire District Council

What are we good at ? A genuine global brand Appetite and willingness to grow Two complementary functional economic areas of Cambridge and Peterborough – with differing strengths (and weaknesses)

Recent reports Mckinsey “Mapping the economic power of Cities” report in March 2011 placed Peterborough at the top of the chart behind Edinburgh and Belfast Cambridge Phenomenon Report – SQW – recommended in its Agenda that the south of our LEP area should make the most of its economic assets

Thank you for listening Find out more online: LinkedIn: Your Local Enterprise Partnership Group